We are currently recruiting for a Financial Planning practice based in Ipswich that are looking to recruit an Administrator/Paraplanner. A large part of this job will be compiling suitability letters so they are looking for someone with relevant experience and ideally diploma qualified or almost qualified.

Summary of Role

• To provide high quality financial planning support to Financial Advisers as part of an administrative team, in accordance with FCA standards and our Chartered Code of Ethics, representing the company in a professional manner with honesty and integrity at all times.

Administration

• Collate and manage information and facts for client meetings.
• Process applications and servicing matters, communicating with providers, clients and professional parties such as accountants and solicitors
• To process post sale requirements, working to and ensuring deadlines are met for both individual and corporate clients.
• Computer based duties include using a networked Iress Adviser Office recording and reporting system, Microsoft word, excel and Outlook. Use of Internet including numerous provider sites.

Compliance

• To assist in ensuring that all client files and company records are compliant in line with FCA regulations
• To keep abreast of and adhere to the rules within the compliance manual.
• To continually conduct oneself within the 6 core principles of the FCA’s TCF and CII’s Code of Ethics.

Technical

• Keep up to date with legislation, taxation & trusts, regulation, technical, product andprovider changes
• A thorough knowledge is necessary of all product types that the company generally deals with, in its fully independent status.
• Compiling recommendation/suitability letters, building from basic templates from our 3 rd party compliance assistance company together with provider information, company policy requirements, client soft facts and specific adviser instructions.
• Holistic para-planning research, working with the advisers on investments, pensions, protection and mortgages, having first discussed & detailed as necessary the fact-finding information, considering the remuneration method options available to the clients.
• Researching portfolios and funds, keeping abreast of market movements, trends etc.
• Be present and provide input at client meetings when required.
• Assisting team members with technical support.

Training & Development

• To continue private study to obtain the CII level 4 Diploma in Financial Planning
• To pass internal training & test in Data protection, Complaints, Anti-bribary and Moneylaundering.
• To continue with ongoing technical training within the office, keeping a good working knowledge of the products and systems used.
• To continually complete annual CPD in accordance with company and CII requirements.

Pre-requisites & Experience

• At least 4 GCSEs inc English & Maths at grade C above (or equivalent
• At least partial completion of the CII level 4 Diploma modules.
• Ideally At least 2 years IFA support experience, including use of a back office system such as Iress or Intelliflo.
• High level of written and oral communication skills.
• Ability to prioritise workload.
• Ideally to commence this role with at least 2 years of suitability letter writing.
• There is a strong element of working on your own, relying on initiative gained from your experience within the industry. You be required to use paraplanning / extracting information skills etc. unaided.