Job Description

This is a fantastic opportunity to build a career in Financial Planning, as a Trainee Paraplanner in a Chartered Financial Planning firm.

We offer support and training to allow every team member to maximise their potential.

Due to recent growth, we are looking for a Trainee Paraplanner to support our existing paraplanners in new advice cases, and to assist in preparing our Ongoing Planning Reviews.

Purpose of a Paraplanner:

To work alongside Financial Planners (FP) taking full responsibility for preparation and maintenance of client files, preparation and implementation of recommendations and Financial Plans (including cash flow forecasts), and ongoing reviews of client affairs. To keep up to date with technical issues and undertake necessary research.

Reports To:

Practice Manager

Key Responsibilities & Accountabilities

Preparation & maintenance of client files

Ensure completeness of client file/data gathering Confirm risk profile is determined and up-to-date Check all compliance paperwork is present Liaise with administration team to maintain accurate client records on the back-office system, platforms and any other IT systems e.g. cashflow and risk profiler

Preparation of recommendations

Identify and obtain information necessary to compile client recommendations / cash flow forecasts Compile draft net worth statements; income and expenditure statements and financial cash flow forecasts for review by Financial Planner Learn how to identify areas for planning Assist with technical calculations Carry out due diligence on products, investments, providers etc Undertake research to identify suitable solutions to meet clients' needs Prepare information/comparisons for analysis by Financial Planner Liaise with clients' legal and tax advisers (if applicable) Consider current and future asset allocation for investment strategy in relation to client risk profiles and lifetime cash flows Learn how to produce clear, technically accurate, compliant and concise Financial Plans and Suitability Reports as per business process Assist with ensuring that all recommendations and reports meet legal and regulatory requirements

Implementation of recommendations

Make changes to clients' investments as necessary Ensure agreed action points get diarised, actioned and completed as per business process Liaise with administration team to process recommendations as per business process; assist when needed

Preparation of reviews

Prepare and coordinate review documentation, including financial plan and portfolio review as per the Annual Review Process Review investment portfolios, asset allocations, risk profiles etc Assist with technical calculations Implement agreed actions post review Attend client meetings when required

Client Servicing

Establish and build strong relationships with clients and attend client meetings when required Provide a friendly and professional point of contact for clients and enquiries by phone, email and in person Respond to client technical enquiries, with assistance from our Paraplanner/Financial Planners where needed

Other

General research related to all aspects of financial planning (e.g. product and platform research) Keep up to date with compliance changes and update templates Ensure CPD requirements are met and maintain up-to-date training records Assist your colleagues with technical enquiries and provide support when needed Other duties as directed by management

Personal Specification

Criteria

E

ssential OR Desirable

Knowledge

E

Microsoft Word, Excel and electronic diary management

D

Advanced Excel

D

Knowledge of technical financial planning tools and financial modelling software e.g. TimeLine/Centra

D

Technical knowledge of Financial Services Products

D

Knowledge of financial planning

Skills

E

Highly organised, methodical, analytical, and disciplined

E

Excellent communicator (both verbal & written)

E

Ability to assimilate technical information into an understandable format for clients

E

Highly numerate

E

Shows initiative and takes personal responsibility for completing tasks

E

Able to work within defined business processes

E

Adopts a positive attitude, willing to assist others when busy

E

Able to work under pressure on occasions to achieve deadlines

E

Excellent attention to detail

E

Able to achieve agreed outcomes without supervision

E

Able to prioritise and plan own workload

Experience

D

At least 1 years working within a financial planning environment

Qualifications

E

A Level in Economics, Mathematics, Business or a related discipline

E

Certificate in Financial Services

Job Types: Full-time, Permanent, Apprenticeship, Graduate

Pay: 26,500.00-34,500.00 per year

Benefits:

Company car Company pension On-site parking Private medical insurance
Schedule:

Monday to Friday
Ability to commute/relocate:

Grimsby: reliably commute or plan to relocate before starting work (required)
Application question(s):

Please provide a brief overview of why you feel this role is right for you, and what financial planning entails.
Education:

A-Level or equivalent (required)
Work Location: In person

Application deadline: 15/06/2025