Our client is operating in the Wealth Management space and are looking for a Senior Pensions Paraplanning Manager to lead and develop the team.
The role will involve:
•Supervise members of the paraplanning team, monitor workflows and quality of output.
•Mentor, train, and support Paraplanners.
•Support Financial Advisers with research and analysis to meet client needs and objectives.
•Provide pensions technical support to the Financial Advisers within the business ensuring advice is suitable and compliant with FCA rules.
•Maintain a good understanding of pension providers and products across the UK marketplace.
•Review and update Fact Finds thoroughly to ensure all information to provide basis of advice is available, in a clear format and correct.
•Review the accompanying recommendation instruction to ensure it is suitable to the client’s needs and objectives, meets the client’s risk profile, is affordable and that the instruction is completed in full checking for errors and omissions.
•Prepare Financial Plans / Reports and Suitability Letters in the appropriate time frame.
•Prepare and collate accompanying documentation to support the recommendation and justify the provider and product suitability.
•Provide suitability/report and accompanying documentation to Financial Advisers with any specific notes that may help when presenting to clients.
•Prepare cashflow modelling reports to assist with client retirement planning.
•Assist with client meetings when required, including taking notes and following up on any actions required.
•Manage your own workflow and carry out all tasks in a manner consistent with compliance procedures.
•Carry out the above in a timely fashion to meet deadlines.
•Review, enhance and streamline paraplanning processes, systems, and procedures to increase efficiencies in the paraplanning team.
•Comply with FCA, Compliance Department, Treating Customers Friendly, Anti Money Laundering Regulations.
•Assist with good customer outcomes and with particular reference to the 5 FCA conduct rules.
Key Requirements:
• The post-holder must be qualified to Level 4 Diploma status as a minimum.
•It would be advantageous if the post-holder also has relevant Pension Transfer qualifications, such as AF3, AWPETR, CII Certificate in Pensions Transfers. A desire to achieve Chartered status would be advantageous
•Excellent pensions product knowledge is required along with good research and report writing experience and a strong understanding of pension compliance issues and FCA regulation in respect of pension advice including COBS 9 & COBS 19.