Jr.Associate - Paraplanning (AU) - Bangalore

Roles and Responsibilities:

The Paraplanner’s role may be broken down into four key parts:

• Preparing and maintaining the client files – software entries
  


• Understanding and analyzing the recommendations to confirm that the compliance requirements are met
  


• Implementing recommendations
  


• Review external networks.
  

A. Preparing and maintaining the client file: 

Generally the Financial Planner would collect the qualitative information (client attitudes, life goals etc.) leaving the Paraplanner to collect all the quantitative detailed information required to compile a financial plan.

Specific activities include: 

§  Check all compliance paperwork is present

§  Confirm client risk profile is determined 

§  Discuss client objectives with planner 

§  Identify and obtain the information necessary to compile financial cash flow forecast 

§  Compile draft net worth statement; income and expenditure statements and financial 

§  Cash flow forecast and discuss with planner. 

B. Understanding and analyzing the recommendations  

• Identify areas for planning 
  


• Undertake research both independently and with the Financial Planner to identify suitable solutions to meet the client’s needs 
  


• Prepare information/comparisons for analysis. 
  


• Complete current and future net worth and cash flow projection as per the recommendation. 
  


• Prepare draft recommendation reports to be discussed/signed off by planner. 
   

C. Implementing recommendations: 

• Complete application / proposals forms 
  


• Ensure all compliance paperwork is in order 
  


• Make changes to clients’ investments as instructed 
  


•   Implement the chosen investment strategies 
  

D. Review

• Organise future planning meetings with client as per the review period. 
  


• Complete review packs in preparation for client meeting. 
  


• Review investment portfolio, asset allocation, risk profile etc.
  

Key Skills:

• Excellent Verbal and Written Communication Skills
  


• Strong Financial and Analytical skills
  


• Knowledge of MS‐Excel, MS‐Word
  

Qualifications and Experience:

• MBA Finance/US-CMA graduates /MBA/M.Com/CFP
  


• Market/Portfolio Management/Financial Planning/Derivatives Analyst, NISM