Paraplanner

The Progeny Group; Troon; Hybrid; GBP 40,000 - GBP 50,000; Full time

Job summary

A leading financial services firm in the UK is seeking a Paraplanner to deliver outstanding client experiences and assist in the provision of bespoke financial planning solutions. This role involves conducting in-depth research, preparing financial documents, liaising with providers, and ensuring compliance with FCA regulations. The ideal candidate has at least three years in paraplanning and a Level 4 Diploma in Financial Planning, demonstrating excellent technical and communication skills. The position supports hybrid working arrangements.

Benefits

30 days holiday plus public holidays

3 days celebratory leave

Private medical insurance

Employee assistance programme

Group pension scheme

Life assurance scheme

Eyecare vouchers

Enhanced family leave

Referral scheme

Qualifications

• At least three years of paraplanning experience required.
• Good application of technical knowledge is essential.
• Must demonstrate a sound understanding of financial products and regulations.

Responsibilities

• Conduct in-depth research and analysis to identify suitable solutions.
• Prepare suitability letters and reports for clients.
• Determine client objectives and priorities based on their needs.
• Collaborate with Financial Planners to enhance client service.

Skills

Financial Services experience

Technical skills in Microsoft Office

Excellent writing skills

Communication and relationship-building skills

Education

Level 4 Diploma in Financial Planning

Tools

Microsoft Word

Microsoft Excel

Job description

The opportunity

The Paraplanner is an integral member of the Paraplanning Centre of Excellence in delivering outstanding client experience. Working closely with the Paraplanning team, Client Executives and Financial Planners, you will make a meaningful impact on our clients’ financial futures by assisting in the delivery of bespoke financial planning solutions.

this role, you will be required to produce compliant, high quality, detailed suitability letters and reports. You will propose and implement recommendations, collaborating with Financial Planners to clarify goals and objectives to ensure plans are aligned with the aspirations of the client.

Possessing a client‑focused mindset, you will embrace the opportunity to support client review meetings where appropriate. You will develop good rapport with clients in meetings and through other forms of communication, supporting and enhancing the overall client experience.

To be successful you must have at least three years of paraplanning experience and hold the Level 4 Diploma in Financial Planning as a minimum. As a fully competent Paraplanner you should demonstrate good application of technical knowledge and skills, undertaking highly technical, precise and detailed work to a consistently high standard. You should possess a sound understanding of financial products, FCA principles and regulatory standards.

This role offers a great opportunity and scope to:

• Become a technical expert in a particular specialism and have regular development conversations.
• Work towards an Advanced Diploma in Financial Planning or Chartered Status.
• Explore career paths and growth opportunities available within the Paraplanning Centre of Excellence or by becoming a Financial Planner.

Location

This role will be based in our Edinburgh or Troon office. We operate hybrid working, enabling home and office working, allowing you to balance your personal responsibilities and interests while connecting with your colleagues.

What you will be doing

As a Paraplanner you will complete all paraplanning tasks together with responsibility for the following:

• Research and analysis: conduct in‑depth research and analysis to identify suitable solutions and present cash‑flow modelling scenarios to clients as required.
• Technical work: prepare suitability letters and reports for annual reviews and new business, prepare tax calculations and financial plans for clients.
• Liaising with providers: speak to external companies to obtain information about existing and potential investments.
• Client requirements: determine client objectives and priorities, together with understanding client attitudes to risk and capacity for loss.
• Managing documentation: prepare client files for review meetings and maintain these compliantly throughout the client advice journey.
• Compliance and regulation: work with honesty and integrity, following FCA principles and demonstrating adherence to relevant regulations, rules and procedures.
• Supporting the team: share expertise and best practice with Senior Client Executives and assist them with complex client matters, carrying out peer reviews.
• Technical knowledge: dedicate time to meeting continuous professional development requirements and maintaining your product and technical knowledge.

About you

To thrive and be successful in the role you will have:

• Financial Services experience and a sound understanding of financial products, FCA principles and regulatory standards.
• Great technical skills, proficiency in Microsoft Office (advanced Word and Excel) and good working knowledge of different provider platforms.
• Methodical and organised, with an ability to work autonomously and manage your own workload effectively.
• Excellent writing skills and the ability to compile suitability reports and other documentation, ensuring written work is clear, accurate and concise.
• Exemplary communication and relationship‑building skills, collaborating with Financial Planners and colleagues to deliver great client service.
• A passion for sharing knowledge and supporting others, sharing best practice and coaching colleagues to support their development.

Benefits

• 30 days holiday plus public holidays.
• 3 days of celebratory leave for birthdays, wellbeing, volunteering or other events important to you.
• Private medical insurance, 24/7 digital GP and health advice.
• Employee assistance programme providing support for your mental and physical health.
• Group pension scheme.
• Life assurance scheme.
• Eyecare vouchers.
• Enhanced family leave.
• Referral scheme.

We may close this vacancy early if we receive sufficient applications. Therefore, if you are interested, please submit your application as early as possible.

About Progeny

We create, enhance, and preserve wealth. We are the first and only firm in the UK to bring together independent financial planning, asset management, tax, HR, and private and corporate legal services. We are forward‑thinking and tech‑driven, using technology to eliminate paperwork, improve communications, and enrich the relationship between client and adviser. At Progeny, we believe that we all have the power to make good things happen. We use our success as a catalyst for making real change. We created the Progeny Foundation to support local charities, including Zarach. We are the proud winners of the Yorkshire Financial Awards 2024 Best Employer award for the third year running.