Trainee Paraplanner

Utopian Professional Recruitment are delighted to be working in partnership with a highly reputable wealth management company who are looking to appoint a Trainee Paraplanner to join them on a full time, permanent basis.

Located in their beautiful Edinburgh City Centre offices, this is an outstanding opportunity to join a dynamic and forward-thinking organisation who truly value their clients and colleagues alike. The purpose of this role will be to support the Financial Planners and Administrators in an effective and professional manner whilst working towards the company vision and objectives.

You provide the technical expertise to support the advisers in delivering the best value to clients whilst being responsible for drafting all written communications to clients and as such are the “voice” of the business in terms of tone of voice and language as well as being responsible for all the quantitative content of the bespoke Financial Plans.

You always ensure you have sufficient qualitative and quantitative information from the adviser to enable you to write client centered, compliant and complete financial plans using all the available technical systems to the best of their potential, review and update the business centralised and low-cost propositions, whilst undertake project work as and when required.

Your key responsibilities will include:

• Client information – for both new and existing clients
• Liaise with the Financial Adviser to understand the client’s objectives whether this is for new or existing clients
• Receive client file notes from advisers and ensure you have sufficient information to be clear about what the client is trying to achieve, what they have and what might need to change
• Provide critical thought to ensure fact finds, client questionnaires and meeting notes fully support the advice given and use suitable research tools to provide quantitative backup for these conclusions
• Identify and obtain the information necessary to complete financial cash flow forecasts
• Client meetings
• You are responsible for all the technical aspects of preparing for Client meetings. In addition, your role provides a second line of thinking to ensure the advice given to the clients is appropriate for their needs.
• Research both independently and with the adviser to identify suitable solutions to meet the client’s needs
• Analyse new/existing client policy information, interpreting it to form an interim analysis for the client, and comparing plans and performance
• Compile financial planning recommendations and suitability reports
• Liaise with product providers and other relevant third parties
• Provide support for the advisers allowing them to focus on client relationships
• Assist the advisers with client presentations including attending client meetings with them when this would be helpful for the client
• Respond to ad hoc technical questions from clients and advisers
• Report writing
• Draft the full financial plan for new clients using house style and always thinking about how the content is relevant to the client. You are particularly responsible for ensuring the technical information and data are translated into language and story that is appropriate for the client’s level of expertise
• Populate and manipulate cash flow modelling software to understand the implications of various scenarios identified as part of client meetings and incorporate the findings into the reports
• Complete draft net worth statements and financial cash flow forecasts and discuss with adviser
• Following client planning meetings, produce the final report from Truth and incorporate the updated information including charges for the previous period into the annual financial plan for the adviser to check and send to the clients.
• Identify template changes/improvements
• Regulatory requirements
• Ensure the client financial plans are compliant with all relevant and necessary regulation
• Keep up to date with latest product and regulatory changes and market developments and update advisers and administrative staff
• Ensure that all business is conducted in a responsible and compliant manner, meeting all legislative requirements, both internally and externally

To be considered for this opportunity, our client does require the following background / experience:

• You will need to be Level 4 Diploma qualified or be working towards this level of qualification
• Previous background / experience working within a similar role, or strong working knowledge working within a Financial Services organisation with the passion to develop further
• Confident manner with the ability to work autonomously
• An ethical and professional approach to work
• Maintaining positive working relationships with internal and external stakeholders and communicating in a confident and friendly manner
• Excellent time management, integrity, patience & empathy
• Strong understanding of Cashflow modelling software
• Excellent communication and interpersonal skills
• Ability to think ahead and be proactive
• Organised with a great eye for detail
• Confident dealing with clients and colleagues written and verbally
• Ethical and professional approach to work
• Ability to maintain positive working relationships
• Approachable, positive with a can-do attitude

Benefits

• Excellent starting salary which will depend upon your experience
• This is a full time, permanent opportunity working Monday to Friday from 9am to 5pm
• Flexible and agile working opportunities to allow for a great work/life balance
• Company Maternity and Paternity Pay
• Group Pension scheme
• Study Days for relevant examinations
• Employee Assistance Programme
• Death in Service and a Flexible Benefits Package which include Buy and Sell Holidays, Cycle2Work Scheme, PMI, Health Cash Plan, Dental Cover & Retail Discounts

Next Steps

For further information, please apply by emailing your CV to Utopian Recruitment ASAP. Our client is looking to interview and recruit these positions as soon as possible.

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Whilst Utopian Professional Recruitment strives to get in touch with all our applicants, it isn’t always possible. If you have not heard back from us within 5 working days after sending us your CV unfortunately you have not been shortlisted for this position.

Equal Opportunities

Utopian Professional Recruitment is committed to equal opportunities regardless of gender, race, disability, sexual orientation, religion or belief and age.