About this role
Our client, a prominent name in Financial Services industry, is seeking to employ an experienced Head of Para-Planning, to join their team based in Kloof (Upper Highway), Durban. Summary of role: A senior technical and operational role responsible for managing the paraplanning function, staff development and performance management, while ensuring the delivery of high-quality financial planning support to advisers. The role combines people management, technical financial planning expertise, process improvement, systems administration (particularly Xplan and related advice systems), training, and hands-on paraplanning responsibilities across wealth management, risk planning, tax and estate planning. Requirements: Degree and Post Graduate Diploma in Financial Planning. 5 or more years’ experience in the financial planning industry. Advanced financial planning and technical knowledge. Responsibilities: Diary Planning Regular discussions with advisers. Instructions to reception. Allocation of files to Paraplanners and reviewing their workload periodically. New / Existing Staff (relating to Paraplanners) Dealing with Recruitment Agents. Interviews. Staff take on process / exit process. Drafting of contracts and related documents. Performance Appraisals. Procedures Manual Facilitating updates to the Procedures Manual and related company documents (e.g. Xplan documents and notes) where necessary. Circulating updated information to staff. Templates / Technical Information Update of template documents / wording. Technical queries from Paraplanners. Xplan complex calculations. Staff training / knowledge transfer (e.g. Xplan training). Facilitating the update of documented processes. Enhancement of processes. Xplan and related advice systems Identifying and implementing projects to enhance automation. Liaison with various parties at Xplan regarding projects. Staff training Bi-monthly paraplanning training on Xplan and related advice systems, processes, financial advice related topics. Client related matters Wealth Management Plans. File preparation for meetings. Records of Advice. Ad hoc emails / investigations. Tax calculations when required. Risk Assessments and Quotes Personal and business assurance. Drafting of Proposals. Reconciliations. Implementation Updates. Plan of actions. Performance comparisons / calculations. Estate Planning Calculations. Specimen agreements Wills. Living Wills. Power of Attorney. Loan Agreements. Living Annuity revisions – liaising with implementation. prior to anniversary date. Task management. Please note that if you do not receive a response within 2 weeks, your application has been unsuccessful.