Senior Paraplanner

About the role

This role involves writing templated financial plans according to the recommendations of financial advisers and handling related administrative tasks. The Senior Paraplanner supports advisers by producing Statements of Advice (SoA) that are reviewed and signed off by the end customer, understands key financial concepts, strategies, laws and regulations under ASIC, and keeps up with changes in the Australian financial and regulatory environment. The position also includes assisting and training junior staff.

Key responsibilities

• Prepare Statements of Advice (SOA) and Records of Advice, delivering them on time and meeting legislative and regulatory guidelines
• Research products, strategies and technical issues so knowledge stays current
• Gather information from product providers to ensure the best products are available
• Perform financial modelling to compare financial scenarios for clients
• Administer client portfolios and implement compliance procedures
• Provide guidance to staff, help them meet the organisation's goals and arrange training

Required profile

• Degree in Management, Accounting, Finance or similar; a CA, ACCA, CIMA or CPA qualification is an added advantage
• 3 to 5 years of experience in a paraplanning role
• Proven experience preparing complex SoAs independently
• Prior experience mentoring or reviewing paraplanning work
• Thorough understanding of superannuation strategies
• Excellent written and verbal communication in English

Required skills

• Microsoft Excel
• Desirable: XPLAN, Midwinter Advice OS and Worksorted; other financial planning modelling software is also valued