Fairstone Kilkenny are seeking an experienced Financial Planning Administrator/Paraplanner to join the team. The role will deal with all aspects of managing new business applications for life, protection, pensions, savings and investment policies from initial application to policy issue.
The successful candidate will provide support to our team of Financial Advisors, work closely with our clients and will have a strong administration and operations background, excellent attention to detail, effective communication skills as well as a passion for delivering a superior client experience.
This role is part of the Fitness Probity Regime and Individual Accountability Framework, which set out the specific requirements applicable.
Responsibilities
Specific activities include:
* Check compliance paperwork is present
* Confirm client risk profile is determined
* Discuss client objectives with Financial Advisors
* Identify and obtain the information necessary to compile financial cashflow forecast
* Compile draft net worth statement - income and expenditure statements and financial cashflow forecast and discuss with the Advisor
Preparing recommendations:
* Identify areas for planning in collaboration with Financial Advisors
* Undertake research both independently and with Advisors to identify suitable solutions to meet the clients needs
* Prepare information/comparison for analysis by Advisors
* Liaise with client's legal and tax advisors (if applicable)
* Consider current and future allocation of assets for investment strategy with regard to client risk profile
* Prepare draft recommendation reports to be discussed/signed off by Advisors
Implementing recommendations:
* Prepare suitability letters in accordance with the agreed recommendations
* Complete application / proposal forms
* Ensure all compliance paperwork is in order
* Make changes to client's investments as instructed
* Implement the chosen investment strategies
Review:
* Act as a point of contact and deal effectively with client queries and other parties through effective communication
* Establish and build strong relationships with clients and attend client meetings with Advisors, if required
* Organise future planning meetings with clients
* Review investment portfolio, asset allocation, risk profile, etc.
* Send planning figures to client for update and revision in preparation for next meeting
* Initiate review meetings with clients well planned integration process allow for gradual alignment of enhanced processes and cultures, all the while continuing grow as a business with a seamless transfer of clients and staff at the acquisition stage
The ideal candidate
Essential
* Understanding of the financial planning process
* Able to work within defined business processes
* Ability to achieve agreed outcomes without supervision
* Prioritise and plan own workload
* Detailed, accurate and articulate
* Excellent interpersonal skills
* Ability to multi-task and prioritise effectively
* Good IT skills including proficiency with Microsoft Office
* Good report writing skills
* Ability to work independently and as part of a team
Desirable
* Broad knowledge of financial services world
* High level of technical knowledge
Qualifications
* QFA qualified or on a path to qualification