PARAPLANNER - CAPE TOWN at Competent Candidates

About the position

An established company within the financial sector is seeking to hire a highly skilled and experienced Paraplanner to join their team. This is an excellent opportunity for an individual with strong analytical skils and the ability to liaise with stakeolders. Your:

Education:

• A financial qualification is essential (e.g. B Com finance, accounting, investment management);
• A Post Graduate diploma in Financial Planning (CFP) would be advantageous;
• An Advanced diploma in Estate Planning would be advantageous.

Experience Required:

• More than 1 year Estate Planning experience

Knowledge:

• Proficiency in Microsoft Windows, with advanced skills in Excel;
• Experience with Elite Wealth.

Skills:

• Proficient in English and Afrikaans;
• Excellent report writing skills (written communication skills);
• Attention to detail / accuracy;
• Analytical / technical

 

will enable you to execute  the following duties:

Responsibilities:

• Consolidate and summarize all policies and investments.
• Prepare required financial calculations.
• Highlight the tax implications in the event of death or on risk benefits.
• Prepare comprehensive estate and risk analyses.
• Identify appropriate investment vehicles and structures to minimize estate duty.
• Assess the client’s capital and income needs in the event of death, disability, severe illness, or retirement.
• Determine potential capital and income shortfalls.
• Analyse the client’s estate and current investments, and recommend suitable investment vehicles.

People:

• Liaise closely with all stakeholders (i.e. Wealth Planners / Financial Advisors, External brokers, Investment Consultants from Life and Asset Management Companies)

Administration:

• Advise Wealth Planners on investment options and tax implications at death.
• Draft reports, including tax implications, calculations, estate plans, and annexures as instructed by the Wealth Planner.
• Provide additional assistance to Wealth Planners after the presentation of reports, when necessary.
• Recommend suitable products and investment structures.
• Monitor and track relevant legislation applicable to estate planning.
• Prepare ad hoc risk cover reports when requested by the Wealth Planner.

Process:

• 3 Business days lead time in preparation of investment reports / proposals for Financial Advisors

Desired Skills:

• Estate
• calculations
• tax