Job description:
The Para-Planner is a specialist role primarily responsible for producing the risk management or financial plan to
meet the customer’s needs. The Para-Planner needs expertise in investment products and strategies, regulations
and tax implications. In addition, a thorough knowledge of product features, performance, rates and benefits for
comparative purposes. Research on changes to products, services and strategy options should be regularly
undertaken. The Para-Planner should hold a proper authority from the licensee to provide financial advice and
must operate within the compliance regulations. The incumbent also requires customer management and sales
skills to attend face-to-face customer meetings and actively assist the Adviser as required in managing the
customer relationship.
Responsibilities:
• Produce financial plans
o Formulate effective financial plan documents and/or risk management documents, in-line with the
strategy as outlined by the adviser, and the customer’s needs, objectives and risk tolerance. All
documents must meet compliance requirements and the relevant legislation, and comply with the
company standard documents, policies and procedures
o Ensure all research and technical information used by the business in providing advice is up to date
and accurate.
o Prepare statement of advice documentation as required
• Investment and risk reviews
o Review customer portfolio review reports in conjunction with changes in customer circumstances and
investments and general market movement, as outlined in the sales and service process. Ensure report
is accurate and that investment strategy is meeting customer’s objectives. Ensure customer is kept
well informed and that all necessary actions are recommended and where necessary undertaken
o Review customers risk coverage in conjunction with changes in customer circumstances and risk
management needs, product offerings available, and changes in product provider rates. Ensure
customer is kept well informed and that all necessary actions are recommended and where necessary
undertaken
o Prepare statement of advice documentation as required
o Ensure the accurate production of all customer portfolio review documentation and reports in line
with the practices service model
• Providing effective client service and administrative assistance to clients and the Wealth adviser team
Minimum requirements:
• Completed Bachelor of Commerce in Finance - such as BCom (Finance / Business Finance / Investments /
Financial Planning Law / Financial Sciences / Investment Management) or BCom (Economics)
• 2 - 3 year’s relevant work experience within the financial industry
• Proficient in both spoken and written English and at least one other of the official South African languages
• Proficient in MS Office (Excel, Word, Outlook)
Competencies:
• Analytical thinking
• Organising and planning
• Customer Service
• Teamwork
