Paraplanner
- Cape Town, Western Cape
- Permanent
- Full-time
- Preparation of proposals for new clients
- Assisting with analysis to support recommendations by the Head of Wealth
- Preparation of financial plans and needs analyses according to internal processes
- Assisting with estate planning and risk quotes
- Preparation of client advice records and replacement disclosures
- Preparation of annual client reviews and implementation of post-review action items
- Recording client meeting minutes and tracking deliverables
- Managing timelines for deliverables to ensure timely execution
- Managing and executing various client projects
- Keeping clients updated on events and transactions
- Drafting and sending correspondence to clients and external providers
- Resolving ad hoc client queries
- Maintaining accurate and thorough record keeping
- Matric
- Regulatory Exam 5 (RE5)
- BCom or equivalent qualification/degree
- Certified Financial Planner (CFP) qualification preferable
- Minimum of 5 years’ Paraplanner experience, with specific case preparation exposure, including Record of Advice, Financial Needs Analysis, and industry compliance
- Strong knowledge of financial services products and high-level financial industry and tax technical knowledge
- Solid understanding of the financial planning process
- Own transport required
- Analytical Skills
- Ability to analyze historical financial data and trends
- Basic financial modeling and forecasting using relevant tools
- Communication Skills
- Strong verbal and written communication skills in both English and Afrikaans
- Ability to explain complex financial concepts clearly
- Active listening to understand clients’ needs and goals
- Interpersonal Skills
- Ability to build trust and rapport with clients
- Empathy to understand clients' financial situations and emotions
- Problem-Solving Skills
- Creative thinking to develop tailored financial strategies
- Ability to address and resolve client concerns effectively
- Attention to Detail
- Meticulous review of financial documents and plans
- Ensuring accuracy in calculations and compliance with regulations
- Knowledge of Financial Products
- Familiarity with investment vehicles, insurance, retirement plans, and tax strategies
- Staying informed on market trends and new financial products
- Regulatory Knowledge
- Understanding of laws and regulations governing financial planning
- Adherence to ethical standards and fiduciary responsibilities
- Organizational Skills
- Ability to manage multiple clients and projects simultaneously
- Handling all tasks with a sense of urgency