We have an opportunity for a Paraplanner and Risk Manager to join a St James's Place Practice based in Central London. You will be responsible for identifying and managing risk and compliance within the Practice, along with providing strong technical paraplanning support to the team of Advisers. Our client offers very flexible hybrid working options and great benefits.
Responsibilities:
* Draft high-quality Suitability Reports and review letters, summarising advice and recommendations in line with SJP compliance requirements;
* Debrief advisers following meetings to capture and update client objectives, financial circumstances, and agreed actions;
* Maintain and update cashflow models using Voyant and assist with a variety of cases, including pension transfers, drawdown, EIS/VCT, and investment planning;
* Ensure the practice adheres to all applicable laws, regulations, and internal policies;
* Monitor changes in relevant legislation and regulations, advising the practice on necessary changes to policies or processes;
* Oversee internal audits to assess compliance and operational effectiveness;
* Coordinate with relevant teams/bodies and manage inspections or audits as necessary.
* Identify, assess and mitigate risks across the Practice;
* Develop and implement risk management strategies to minimise potential threats;
* Conduct regular risk assessments and produce reports for senior management;
* Maintain a risk register and ensure timely updates as new risks Identified
* Ensure the practice is up to date and compliant with all licensing, CPD, regulatory and legislative requirements.
* Continuously monitor and improve risk management and compliance processes.
* Implement best practices to strengthen the organisation’s overall risk posture.
Person Specification: required skills, knowledge and attributes;
* Minimum 2 years’ experience in a paraplanning or technical compliance role within financial services (experience within an SJP Practice highly desirable).
* At least one R0 exam completed, with a commitment to continuing professional development towards the Diploma in Regulated Financial Planning.
* Sound understanding of FCA and SJP compliance standards, particularly regarding suitability requirements.
* High attention to detail and accuracy in reviewing technical documentation.
* A confident, proactive team player with excellent communication skills and a client-centric mindset.