Apprentice Paraplanner

Summary

This is a great opportunity to start in the financial services sector as a paraplanner, with a practice with more than 15 years of experience.

Wage

£20,000 a year

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Dependent upon the strength of skill set of the candidate plus level of experience and qualifications: Starting salary £20,000 - £24,000 per annum

Training course

Paraplanner (level 4)

Hours

Monday - Friday, 9.00am - 5.00pm (1 hour lunch)

35 hours a week

Start date

Monday 28 April 2025

Duration

2 years

Positions available

1

Work

Most of your apprenticeship is spent working. You’ll learn on the job by getting hands-on experience.

What you’ll do at work

Administrative support to the practice financial advisers and ensuring the efficient operation of investment processes
This role involves various tasks related to portfolio management, client services, and record-keeping
Drafting reports and paraplanning from basic annual review letters to portfolio fund switches, to more complex cases as training progresses
Attention to detail is key
Being able to work under pressure and to tight deadlines is key
Teamwork with the acumen and mental maturity to think outside the box; request help from the appropriate channels is also key to both practice support and personal development

Key Responsibilities:

Portfolio Administration:

Maintain accurate records of investment transactions
Monitor portfolio positions and rebalance upon request using our fund switch platforms

Compliance and Regulation:

Ensure adherence to all relevant investment regulations and compliance standards, this includes GDPR, and client confidentiality
Assist in the preparation of regulatory filings and reporting

Generating client reports in line with Consumer duty and in house compliance regulations:

Annual review reports
Investment reports
Replacement reports which require analytical processes
Collating information from existing providers to build a case for final recommendations

Research and Analysis:

Conduct research on investment products at hand and requesting necessary information
Assist in data analysis and critical yield analysis in due time

Where you’ll work

Catalyst House
720 Centennial Court, Centennial Avenue, Elstree
Borehamwood
Herts
WD6 3SY

Training

Apprenticeships include time away from working for specialist training. You’ll study to gain professional knowledge and skills.

College or training organisation

SKILLS EDGE TRAINING LTD

Your training course

Paraplanner (level 4)

Equal to higher national certificate (HNC)

Course contents

Quality service delivery: Consistently develops and delivers excellent service to customers, colleagues & advisers, supporting the products & services provided and adhering to TCF principles at all times. Has excellent attention to detail & provides a quality assurance check for the adviser firm.
Customer communication & relationships: Develops effective and enduring relationships with customers & key contacts through effective verbal/written/IT skills. Can handle & resolve issues. Can write reports that includes the necessary technical language but articulates in a way that client’s understand.
Team working & collaboration: Understands role within team & impact on others. Consistently endeavours to support colleagues & collaborate to achieve results.
Planning & prioritising: Demonstrates relevant level of skills to be able to provide thorough research & analysis. Can plan & prioritise work effectively in order to deliver good outcomes for both the customer & the business.
Using systems & processes: Consistently adheres to systems & processes using proficient IT skills, including risk, regulatory and governance requirements.

Your training plan

Apprentices will achieve the Level 4 Paraplanner Apprenticeship Standard:

Develop the knowledge, skills and behaviours of successful Paraplanners
Free CII membership for non-members through the CII Aspire Apprenticeship Programme for those who have not been a paid member before
Includes digital study book and exam entry for each CII exam

The Certificate in Paraplanning includes:

R01 Financial Services, Regulation and Ethics
CF1 can be delivered instead of R01, depending on circumstances
R02 Investment Principles and Risk
R03 Personal Taxation
J09 Paraplanning
Fortnightly workshops for each R0 exam
All workshops recorded and available on-demand
Interactive chat, forums and class note books for real time support and assistance from experienced financial services professionals
Additional resources through RM Advance
Regular tutorials and assessments from an experienced financial services professional

Requirements

Desirable qualifications

Degree in:

Finance/Economics/Business Administration (grade Bachelor Degree)

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

Communication skills
IT skills
Attention to detail
Organisation skills
Knowledge of compliance rgltn
Working collaboratively
Willingness to learn

Other requirements

Other skills required: • Collating information from existing providers to build a case for final recommendations. • Experience within IFA practice is a plus although not essential Qualifications required: • Prior knowledge of investment products, and the financial markets is a plus. Personal Qualities • Strong analytical and problem-solving abilities. • Positive minded with the ability to work independently and within a team. • Strong Numerical skills • Strong report writing skills with high attention to detail and grammar. • Enthusiastic and eager to learn • Fast paced but with high attention to detail as need to constantly meet regulatory deadlines The job will require working in an office environment, regular use of a computer, and sometimes extended hours during peak practice activity such as Tax Year End. Your responsibilities may variably change during the Apprenticeship Programme, as the practice grows. A background check, and references from previous employers or lecturers/teachers will be required. You may be required to take Aptitude tests during the interview process. Pay scale: Will rise with advancing experience, an upon achieving CII qualifications (R01, R02 etc) to add value to the practice, the team, and Financial Advisor support.

About this company

We are a practice operating for over 15 years, which provides financial planning advice to individuals, families, and SME’s. We specialise in Investment Planning, Retirement Planning, Inheritance Tax Planning, Protection Planning and Estate Planning advice on a personal and corporate level. We are highly active with client events, seminars, and webinars. We have been helping individuals, families and SME’s gain financial independence and security, offering honest advice, guidance, and assurance that we are taking care of everything in the background. Our practice has been growing rapidly over the last 5 years and would like to progress our practice on another level. We have over almost £100 million funds under management, and over 700 clients that we service, and are looking to expand the team to support our growing client bank.

https://www.hansawealthmanagement.co.uk/ (opens in new tab)

After this apprenticeship

In house training on paraplanning and report writing along with
the following:

Client Data input into the Salesforce CRM platform
Generating investment valuation reports, and preparations for client meetings
Detailed investment report writing, in compliance with FCA regulatory procedures
Diverse client cases to progress with more complicated investment & Trust set ups
CII Level 4 Certificate in Paraplanning

Ask a question

The contact for this apprenticeship is:

SKILLS EDGE TRAINING LTD

Calvin Goodson

calvin.goodson@skillsedge.co.uk

01603 577962

The reference code for this apprenticeship is VAC1000308119.

Apply now

Closes in 7 days (Wednesday 9 April 2025 at 11:59pm)

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