Paraplanner

Multiple openings with a well known outsourcing company having their branches Pan India.

Looking for Australia and UK Paraplanners.

Roles and Responsibilities:

The Paraplanner’s role may be broken down into four key parts:

A. Preparing and maintaining the client files – software entries

B. Understanding and analyzing the recommendations to confirm that the compliance

requirements are met

C. Implementing recommendations

D. Review external networks.

A. Preparing and maintaining the client file:

 Generally the Financial Planner would collect the qualitative information (client attitudes,

life goals etc.) leaving the Paraplanner to collect all the quantitative detailed information

required to compile a financial plan.

 Specific activities include:

 Check all compliance paperwork is present

 Confirm client risk profile is determined

 Discuss client objectives with planner

 Identify and obtain the information necessary to compile financial cash flow forecast

 Compile draft net worth statement; income and expenditure statements and financial

 Cash flow forecast and discuss with planner.

B. Understanding and analyzing the recommendations

 Identify areas for planning

 Undertake research both independently and with the Financial Planner to identify suitable

solutions to meet the client’s needs

 Prepare information/comparisons for analysis.

 Complete current and future net worth and cash flow projection as per the

recommendation.

 Prepare draft recommendation reports to be discussed/signed off by planner.

C. Implementing recommendations:

 Complete application / proposals forms

 Ensure all compliance paperwork is in order

 Make changes to clients’ investments as instructed

 Implement the chosen investment strategies

D. Review:

 Organise future planning meetings with client as per the review period.

 Complete review packs in preparation for client meeting.

 Review investment portfolio, asset allocation, risk profile etc.

Qualifications and Experience:

 MBA Finance/US-CMA graduates /MBA/M.Com/CFP

 Market/Portfolio Management/Financial Planning/Derivatives Analyst, NISM