Paraplanning Assistant

SUMMARY:
Leading "wealth management" organisation is looking for a Paraplanning Assistant to join their team in Randburg, Johannesburg North.

POSITION INFO:
Duties include :

Day-to day administration, customer service, relationship management, research, operational tasks, and internal advice services to Wealth Managers including:

• Research on advice-related issues to be utilised in client reports/record of advice.
• Upload client financial information onto the client relationship management software system and prepare scenarios to be used by Financial Planners in the preparation of written Records of Advice.
• Prepare analysis of client portfolio on behalf of Financial Planner in accordance with practice procedures and policies as well as client and advisor requirements
• Draft Record of Advice documents for Financial Planners.
• Assist in managing the client review process for Financial Planners.
• Handle all top up/ad hoc investments and rebalances.
• Free up Wealth Manager’s time so that they can concentrate on what they do best (sitting in front of clients)

• Minutes of meetings
• Preparation of meeting packs
• Risk Management record keeping - compliance and monitoring of all risk products offered
• Analysis on Portfolios
• Operational and Regulatory Reporting
• Telephonic and email query resolution
• Assistance with compliance officer visits
• General office management duties and/or administrative tasks that may be required from time to time (including personal administration for wealth managers)
• Updates and timeline management for client reviews -provide historical context to clients in relation to advice journey
• Financial market and fund research.
• Maintaining client’s files and records
• Where required, accompanying the Wealth Manager to meetings and draft feedback to be sent to clients timeously.
• Investment Planning and Estate Planning.
• Risk Planning.
• Follow the six step Financial Planning process.
• Prepare financial calculations for client portfolios where required
• Prepare risk calculations of shortfalls and provide solutions.
• Continuous research of the ongoing developments in risk and investment products.
• Undertake research of various investment and advice options for clients.
• Participation and completion of assigned projects.
• Adhere to all compliance in terms of FICA and FAIS regulations.
• Ongoing maintenance and development of professional knowledge, up-to-date, detailed knowledge of all aspects of financial planning, tax and legislation to satisfy the current industry and legislative requirements. Keep abreast of changes.