Job title:
Lead Paraplanner
Company
Deerfoot
Job description
Lead Paraplanner -Oberon Investments (Smythe House)Job TitleLead ParaplannerOffice LocationMayfair , LondonOffice/WFH SplitHybrid working, however, this may be unlikely in the first few months when integrating into the team. Typical WFH is on Monday and Friday but we do like to ensure that someone from the team is present in the office every day of the week.Salary£50k-£60k per annum base + benefits including pension, discretionary bonus and share options.Notes from Deerfoot IT’s Discussion with the Hiring ManagerThe important attributes outside of the skills is having a can-do attitude and be part of a team, who support each other. Also, relevant industry experience for the range of our services, rather than narrow, i.e., just in pensions.So, we will be looking for an Associate Paraplanner and in time we could see the Lead Paraplanner building out their team even further, but this may not be for a while.About Oberon:Oberon Investments Group plc is a financial boutique comprising three divisions: Investment Management, Wealth Planning and Corporate Advisory & Broking. Oberon Investments Ltd is an FCA authorised investment management firm and Smythe House Limited is an FCA authorised financial planning advisory firm.At Oberon we believe in a proactive and tailored approach to each client. Our complimentary services mean that many clients use Oberon for multiple purposes: we can support private clients in growing their wealth through our investment management division- Oberon Investments; we help raise funds for a private venture or advise and guide them through a business sale or listing through Oberon Capital; and we plan for retirement with Smythe House, our wealth planning and IFA entity. We pride ourselves on service, looking after clients and ensuring they always have direct access to their investment managers and client service teams.The Position:The Lead Paraplanner will support our financial planners by conducting research, preparing detailed suitability reports, and ensuring that our clients receive exceptional service. This role is critical in maintaining the high standards of our firm and ensuring that our clients’ financial planning needs are met efficiently and accurately. There will be one team member reporting into this role, our current Associate Paraplanner.Duties/Areas of Responsibility:Financial Plan Preparation:
- Assist financial planners in the development of comprehensive financial plans for clients.
- Prepare reports, charts, and financial models to illustrate client financial situations.
- Analyse client data and provide recommendations for financial strategies.
- Complete Suitability Reports
- Manage investment research committee
Client Service:
- Serve as a primary point of contact for client inquiries and follow-ups.
- Assist in the preparation and follow-up of client meetings.
- Ensure that all client communications are documented and updated in the system.
Research and Analysis:
- Conduct research on investment options, financial products, and market trends.
- Stay current with financial regulations, tax laws, and industry developments.
- Provide support in the creation of investment portfolios and financial strategies.
Support:
- Team Leadership: Lead and mentor a team of junior para-planners, providing guidance and support in their professional development. Ensure the team’s work is accurate, timely, and adheres to company standards.
- Compliance and Documentation: Ensure all financial plans and documents comply with regulatory requirements and company policies. Maintain accurate and up-to-date client records and documentation.
- Process Improvement: Identify opportunities for improving financial planning processes and contribute to the development of best practices within the team. Maintain client files and ensure all documentation is accurate and up-to-date.
General
- Understanding and adhering to the Financial Conduct Authority Tier 1 Conduct Rules
- Maintaining sufficient knowledge on regulatory matters relevant to own role and tasks (these will be explained during your induction and ongoing training & development)
- Correctly identifying and escalating issues to the Money Laundering Reporting Officer/Compliance Oversight/Financial Planner, or management when necessary
- Conduct all tasks in line with business processes and compliance policy at all times
- This job description is not exhaustive. Management reserve the right to direct you to perform other tasks which do not require FCA approval or in-house Certification. Any other duties will be of a nature that can reasonably be expected to be in your capabilities based on your knowledge, experience, and demonstrated competency.
- Act in accordance with Consumer Duty Rules (in particular but not limited to Consumer Principle 12, Four Outcomes and Cross-Cutting Rules) which sets higher and clearer standards of consumer protection across financial services and require you and the company to act to deliver good outcomes for customers.
- You must adhere to The Conduct Rules which outline the minimum standards of individual behaviour in financial services.
- To demonstrate commitment to pro-actively deliver good outcomes for customers and put customers’ interests at the heart of business activities.
- Maintain the overall standard the FCA expects firms to adhere to.
- Abide by the FCA Individual Conduct rules.
- Complete any training assigned by the company
- Complete any professional qualifications which are a requirement for your role
Experience and Qualifications:Skills & Experience
- Proficient in Microsoft Office Suite (Excel, Word, PowerPoint)
- Microsoft Word, Excel, and electronic diary management
- Experience with Financial Services back-office systems (e.g., IO)
- Knowledge of financial services products and basic compliance requirements
- Skilled in audio typing, correspondence raising, and diary management
- Strong interpersonal skills to develop and maintain client trust and inspire confidence
- Excellent communicator (both written and verbal)
- Highly organized, methodical, and disciplined with strong attention to detail
- Able to prioritize workload and work independently after training
- Ability to manage one other team member – the associate Para-planner
- Experience with financial planning software and tools (e.g., Defaqto)
Qualifications
- Relevant financial planning certifications (e.g., CII)
- Desirable: Bachelor’s degree in Finance, Accounting, Economics, or a related field
- 5+ years of experience in a financial planning or similar role
Personal Attributes
- Professionalism and integrity in all work
- Resilient and undeterred by setbacks, adaptable in overcoming challenges
- Client-focused with a strong commitment to delivering high-quality service
- Positive attitude, willing to assist team members, and takes initiative appropriately
- Self-motivated, takes personal responsibility for completing tasks
- Able to work under pressure to meet deadlines
- Emotional intelligence and empathy to build strong relationships
- Strong decision-making and analytical problem-solving skills
- Exhibits respect and confidence, earning trust and credibility
- Maintains professionalism and ethics, handling difficult conversations with finesse
Leadership & Communication
- Strong leadership and project management skills
- Able to train, lead, and motivate a team efficiently
- Fosters open communication and attentive listening, ensuring everyone feels heard
- Positive and engaging personality, inspiring confidence and trust
Team InformationThis role reports to the Senior Client Relationship Manager
- Three Financial Advisors, one is currently on Maternity Leave until June next year
- Senior Relationship Manager which the Lead Paraplanner will be reporting to
- Two junior administrators
- Associate Paraplanner – position vacant
- Service Manager – position vacant
Why Apply through Deerfoot?
- We provide an impartial and consultative service that centres on equipping you with comprehensive and trustworthy insights regarding opportunities, devoid of any manipulative or coercive techniques.
- Client-side stakeholders place their confidence in our market knowledge and unbiased approach, leading to the attainment of impressive CV submission to interview/offer ratios. Candidates represented by Deerfoot stand out distinctly rather than getting lost in the crowd.
- Our efforts are dedicated to securing the optimal outcome on your behalf. Upon reaching the offer stage, we skilfully engage in diplomatic negotiations to ensure the most favourable salary or day rate is achieved.
- For over two decades, we have undergone annual audits by BSI (the global leader in business process standards), consistently achieving the BSI 9001 Quality Standard without fail.
- As a REC Corporate Member, which is the recognised trade body for our industry, we firmly adhere to and uphold their code of Professional Practice
- With every candidate’s CV that we present to a recruiting client, we contribute £1 to the Born Free Foundation.
- Since 2020, we have operated as a climate action workforce through Ecologi, effectively offsetting the entire carbon footprint of all our employees.
You can learn more about Deerfoot IT on our . You can also review our .
Expected salary
£50000 – 60000 per year
Location
London
Job date
Thu, 22 Aug 2024 02:00:37 GMT
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