Paraplanner ( 12 months FTC)

Purpose

Working closely with 2-3 advisers within the 7im group supporting them with their own workloads and the day to day activities and ongoing support for both new and existing clients.

Responsibilities

• Support Advisers in ensuring the annual ongoing suitability targets are met by setting up meetings, attending meetings and completing the relevant post meeting documentation
• Creating Statements of Suitability (SOS) for clients post meeting and ensure the annual review process is completed in a timely manner
• Producing simple new business reports including ISA/GIA top ups and pension transfers to a high standard and in line with our suitability assurance programme requirements.
• Creating ad hoc letters for clients including fund switches and withdrawals
• Support the Advisers with new business processing and onboarding journey on the CRM system, ensuring the system is kept up to date
• Maintain compliant advice files in Practice Management System (Xplan)
• Be a second point of contact for clients to assist with queries and updates on transfers
• Help to input, manipulate and maintain prospect data on Xplan including management of Adviser pipeline
• After appropriate training, the Paraplanner will be required to take dealing instructions directly from clients and the Advisers for ongoing placement including switches, rebalances, investing monies and raising funds
• Take responsibility to ensure that all client communication is accurate, appropriate & delivered at the right time, to include emails, letters and reports
• Manage own workloads and that of the Advisers to ensure the best client experience is provided
• Review and create procedures across the team as and when required
• Liaise closely with Client Servicing Team andmembers of 7IM’s Operations team to ensure full communication and understanding, minimising errors and maximising service levels
• Continually look at ways to enhance operational systems and procedures to maximise efficiencies eg Xplan (practice management system)
• Complete monthly compliance modules in timely fashion before deadlines
• Continually suggesting realistic & appropriate improvements and solutions to problems to your line manager and others across 7im and review/create procedures when required
• Filing, in accordance with 7IM and FCA procedures
• Subscribing to 7IMs declared Mission and Tenets, & to Treating Customers Fairly (TCF) initiatives
• Ensure the 7IM VPVPs (Vision, Purpose, Values and Personalities) are followed throughout your working practices
• Other duties, as reasonably required by the line manager and 7IM

Skills

• Accuracy and attention to detail when writing reports
• Organisation of own workload to meet deadlines
• Client focused, delivering a high standard of client service
• Must be proactive and able to use initiative
• Good communication skills, both oral and written
• Adaptive to change
• Proficient in MS Word/Excel
• Ability & willingness to identify and suggest improvements in processes / service levels

Knowledge

• Experience in report writing is essential
• Minimum of 2-3 years’ experience in a Financial Services company
• Product knowledge of pensions, bonds and other wrappers
• Experience in the onboarding journey of a new client
• Good working knowledge of all Microsoft office applications specifically Excel
• Good knowledge of operational administration including settlement and transfers

Qualifications

• Candidates must demonstrate numeracy & literacy skills to at least A level/Higher standard
• An industry relevant examination such as CII Level 4 Financial Planning qualification or working towards this is desired but not essential

Other relevant information

• Reports into the Operations Manager