Job Title:

Trainee Paraplanner

Reports To:
The Trainee Paraplanner team report to Melissa Hall, Head of Culture.

Job Overview:
To work within a team of paraplanners providing comprehensive, confidential and efficient technical support to financial planners and advisers.

“We appreciate that a great Paraplanner may have the skills needed but not yet achieved the qualification level we require. To this end, we would be keen to hear from people who have achieved or are close to achieving QCF 4, are progressing with their development and feel that being a Timebank Paraplanner is an aspiration they can soon achieve.

You will be overseen by a Paraplanner but we will still want you to have the confidence to act as critical friends to our clients, and to help them towards their business goals.

In return with offer a unique opportunity to work for one of the most innovative employers in the industry, the security of a full PAYE position, the freedom to work from home and the support of excellent technology and administrators.”

Managing your expectations:

• Paraplanning is a hard job. Outsourced paraplanning is even harder.
• The first 6 months can feel daunting as you adjust.
• As such, we operate a 6-month probationary period as we try to ease you into this unique working environment.
• Our clients have very different ways of doing things, so you will get exposure to a huge diversity of cases.
• We have very high standards with our clients, so we will encourage you to achieve or excel these standards.
• You will experience unusual cases and run of the mill cases.
• We expect you to take responsibility for your career and we will help you progress at whatever rate suits you best.
• We will pay for exams on success and will pay for appropriate training courses.
• Working in paraplanning is very demanding. Working in outsourced paraplanning is even harder.

Initial Remuneration & Benefits:

Starting salaries are determined by a matrix that takes into account both experience and qualifications. Salaries are reviewed annually but are not guaranteed to increase.

• In addition, we provide:
• An auto enrolment pension, including contributions on your behalf.
• Private medical insurance.
• Death in service benefits.
• 238 hours FTE equivalent holiday (including bank holiday) each year.
• Your birthday (or a selected working day) as an additional holiday each year.
• Support with appropriate exams and training courses.
• A flexible working environment.

Responsibilities and Duties:

• Acting as a critical friend to financial planners and advisers.
• Maintain good communication and manage relationships with financial planners and advisers.
• Identify and obtain information to allow financial plan to be created.
• Delegate to, educate and learn from other members of the team.
• Collaborate with team members on any areas of development regarding the information obtained to allow financial plan to be created.
• Undertake product research to assist financial planners in creating a financial plan that meets their client objectives.
• Create clear, concise financial planning reports that are technically accurate and compliant.
• Undertake other tasks as part of creating a financial plan:
• Illustrations
• Cash flow reports
• Analysis of current and revised investment strategies
• Maintain CPD.
• Manage your diary with discipline.

Qualifications/Skills:

• No minimum requirement for qualifications, although working towards, or achieving Level 4 is desirable.
• Several years of appropriate experience.
• A broad, technical knowledge of financial services products (essential).
• Excellent IT skills including Microsoft Word and Excel (essential), provider platforms, pension profiling and investment research software (desirable).
• Excellent verbal and written communication skills, with attention to detail (essential).
• Able to manage workload and have good self-discipline and take responsibility for actions (essential).
• Follow processes and maintain standards as set out by the business (essential) and its clients (essential).

COVID-19 precaution(s):

• Remote interview process
• Virtual meetings

Work remotely

• Yes

Job Types: Full-time, Part-time

Pay: £28,000.00-£33,000.00 per year

Benefits:

• Additional leave
• Casual dress
• Company events
• Company pension
• Health & wellbeing programme
• Life insurance
• Private medical insurance
• Work from home

Application question(s):

• What financial services or financial advice qualifications do you have?
• How many years' experience do you have working in a financial advice business, an insurance company or an investment house?

Licence/Certification:

• Financial Services qualifications (CII, LIBF, IFS etc) (required)

Work Location: In person

View the original Indeed job posting for the HOME BASED - Trainee Paraplanner at The Timebank in Hereford.