Paraplanner

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Be part of a dynamic and quality focused Paraplanning team with an exceptional reputation in the market.

The Role: Paraplanner

Location: Huddersfield/ Edinburgh/ Stirling

This is a great opportunity for a qualified/ part qualified Paraplanner to progress their career within a dynamic and quality focused team with an exceptional reputation in the market. You will be joining a key team of Sandringham Financial Partners, now part of M&G, who help support 180+ advising partners within the growing network.

The Paraplanning team takes responsibility for preparing detailed financial planning strategies in line with our clients individual objectives. The highest compliance standards are critical and being able to provide context to clients in relation to their advice journey is essential. Our valued support frees up the Financial Planner’s time to focus attention on client-facing duties. 

Supported by the Paraplanning Administration Team, you will analyse client’s needs and objectives, developing financial planning strategies as agreed with the Financial Planner. You will have analytical skills to assess documentation standards in line with the regulatory requirements. You will be responsible for compiling the research and suitability in private wealth focused areas across investments and pensions, drafting a client-centric financial planning report to summarise the advice.

The role is full time role based at our Huddersfield, Stirling or Edinburgh office. After an initial training period a hybrid model of working is implemented, with part of the week in the office and part working from home.

It is essential that candidates either hold or be actively working towards a relevant qualification (CII Diploma in Regulated Financial Planning or an equivalent).

Key Responsibilities for this role

• To conduct quality analysis and research to arrive the most suitable outcome for the client, enabling effective judgements on the suitability of client outcomes and supporting documentary evidence, in line with regulatory and internal standards.

• Undertaking whole of market research on new and existing clients using FE Analytics, SelectaPension, Cashflow modelling and our in-house research tools.

• To advise on quality outcomes, providing clear professional communication to advisers with adequate rationale.

• To operate collaboratively with colleagues to improve overall quality outcomes and provide consistent compliant files.

• Build a rapport with the advisers within the firm and other Compliance Departments to ensure that good relationships are maintained.

• Contribute into the design and implementation of quality standards, identifying any trends and proposing resolutions to achieve the required standards.

• Working at pace to achieve individual productivity targets and objectives.

• Maintaining client confidentiality at all times.

• Keep up to date with the latest industry knowledge in order to support advisers and communicate this effectively with the team. Focused on continual improvement of the service to our customers.

Key Knowledge, Skills & Experience

• Relevant professional qualification (CII Diploma in Regulated Financial Planning or suitable alternative at Level 4 or above) is essential for the role or could be achieved within 12 months

• Previous Paraplanning or Advice experience preferred

• Detailed knowledge of assessing suitability of advice outcomes

• Detailed knowledge of Pension and Investment products is essential to the role.

• Working knowledge of Risk, Compliance and Advice in UK financial services.

• Strong communication skills with the ability to communicate with all levels.

• Excellent interpersonal skills to form effective working relationships

• Flexibility and adaptability in a changing environment

• The ability to act professionally, with an enthusiastic and positive attitude

• Excellent organisation and prioritisation skills to be able to work to multiple competing deadlines. Ability to take ownership and accountability for own area and ensure you are punctual and reliable with time keeping.

• A good knowledge of private wealth products

Work Level: Colleague

Recruiter Name: Phoebe Ewers

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions.  Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying. 

If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: [email protected]