Chartered Financial Planner

Overview

Our client is a financial advisory firm offering bespoke financial planning for senior medical professionals. They are currently looking for a Chartered Financial Planner.

The Financial Planner is responsible for giving financial planning advice to clients. They are the primary relationship manager for all company interactions with their clients, and they are responsible for the quality and accuracy of all client advice. The role also entails developing new client relationships. Key internal relationships include Assistant Financial Planners and the Head of Risk and Governance.

Main duties and responsibilities

General

• Keep up to date with new product, technical or legislative changes within the marketplace.
• Comply at all times with the Compliance and Training and Competence Procedures of the firm.
• Comply at all times with the requirements of the Financial Services and Markets Act 2000, the Financial Services Act 2012 and the regulatory Principles, Rules, and the Code of Practice for Approved Persons.
• Keep up to date with financial products and legislation through continuous professional development (CPD), in line with the required rules.
• Where required by law and/or company policy, to maintain a record of a minimum of 35 hours of such CPD activity, of which at least 21 hours must be of a structured nature.
• This role has been identified as being a role which includes competencies falling under the ESMA Guidelines for the assessment of knowledge and competence, effective from 3rd January 2018.

Business development

• Identify new potential clients.
• Ensure a positive first engagement.
• Lead the discovery process with new clients.

Initial advice

• Conduct in depth reviews of clients’ financial circumstances, risk outlook, current provision and future aims and objectives.
• Analyse information and prepare plans best suited to individual clients’ requirements.
• Agree client strategy in conjunction with the AFP team.

Ongoing advice

• Provide ongoing financial planning services in accordance with company standards, ensuring high levels of benefit to both prospective and existing clients.
• Provide advice, support and guidance to clients, assisting them to make informed decisions.
• Design financial strategies that support clients’ needs.
• Review and respond to clients’ changing needs.
• Produce financial reports on performance of client portfolios.
• Contact clients with information about new financial products or changes to legislation that may affect their pensions, savings and investments.

Regulatory

• Target and meet Key Performance Indicators (KPIs) as laid down by the company.
• Keep up to date with financial products and legislation through continuous professional development.
• Understand the regulatory requirements of the Company; report any failings of procedures and processes to the relevant stakeholders at Board level.
• Meet the regulatory aspects of the role, e.g. requirements for disclosure, costs of the services provided and also the advised products as required by regulators.

Governance

• Ensure files and reports are presented for checking by the Head of Risk & Governance (HoRG) as required.
• Attend regular meetings with the Assistant Financial Planner and Head of Financial Planning to discuss processes, workflow and KPIs.
• Provide a monthly update of CPD.
• Renew SPS annually.

Requirements

• FCA certified
• QCF level 6 minimum
• Extensive technical knowledge of financial planning products and service
• Exceptional report writing and presentation skills