Paraplanner | up to £55,000

  • Job Reference: AW2509
  • Date Posted: 25 September 2024
  • Recruiter: Love Success
  • Location: City of London, London
  • Salary: £50,000 to £55,000
  • Sector: Finance
  • Job Type: Permanent
  • Work Hours: Full Time

Job Description

Experienced Paraplanner
Salary up to £55,000
Hours 9-5 - Hybrid (2 days office)

We are delighted to be recruiting on behalf of a global wealth and succession planning solutions firm, that provides high-level service to high-net work and ultra-high net-worth individuals. Based in Mayfair, you will be supporting the UK sales teams driving excellent service to drive good outcomes. This will involve onboarding new clients as well as conducting ongoing client reviews and servicing.

A brief outline of Duties:

  • Service existing clients and partners and address general ad-hoc and technical queries.
  • Coordinate all aspects of the tailor-made, complex financial cross-border solutions until the transactions have been approved and agreed upon with all stakeholders.
  • Collaborate closely together with the insurance company in order to service clients and act as an intermediary for them.
  • Supporting the UK Sales team with reviewing existing client files where required ahead of meetings and assisting in identifying opportunities and following up
  • Responsible for carrying out annual client reviews as appropriate, ensuring that the review is conducted in accordance with FCA regulatory and client suitability requirements. Overall responsibility for ensuring that the monitoring and progress reporting of the annual reviews is provided to Senior Management. Working closely with a Junior Paraplanner to ensure the reviews are completed on time and that the scheduling and documenting of the reviews is carried out in accordance with the FCA Record Keeping requirements.
  • Preparation of suitability letters, creating advice sets, illustrations and documentation preparation for AML checks.
  • Liaising directly with clients where appropriate and contacting third parties for any additional information that may be required or to answer third-party questions/queries.
  • Overall responsibility for ensuring that the management of the partners, introducers and third-party database is carried out effectively ensuring appropriate documentation is completed and Compliance approval is received to onboard the third party.
  • Working efficiently, in line with procedures and processes to tight deadlines to ensure smooth business submissions, high service standards that result in and a good client experience
  • Working in line with the FCA Consumer Duties and requirements, keeping up to date with regulatory changes and relevant legislation
  • Power planning for HNWIs and UHNWIs

 

The right person for this role will demonstrate at least 5 years of experience in the wealth planning industry in a paraplanner role and will have been FCA level 4 regulated for a minimum period of 18 months and registered with the CII or equivalent.

Salary will be in accordance with experience.

Love Success is a top recruitment agency based in London, dedicated to connecting exceptional administrative and office support staff with the leading businesses across London and the UK. Whether you're a candidate seeking Personal Assistant roles in London or an employer looking to hire administrative and office support staff, our agency provides high-quality recruitment services tailored to your needs.

At Love Success, we champion diversity, equity, and inclusion, embedding these values into every aspect of our operations. Our unwavering commitment to these principles is evident in our recruitment practices and our comprehensive training and development programs. We partner with organisations that share our dedication to fostering diverse and inclusive workplaces, where individuals can be their true selves in the workplace. Together, we strive to promote equality and create opportunities for all.

Love Success is proud to serve as an Employment Agency for this vacancy.