Associate Financial Planner

Join to apply for the Associate Financial Planner role at DBA Advisory

We are in need of Associate Financial Planners to provide administration and paraplanning support to financial advisers and wealth managers. Candidates with paraplanning experience, particularly in pre- and post-SOA, have an advantage.

Responsibilities

• Report to Team Leaders and Managers and handle portfolio administration and paraplanning support as applicable.
• Perform reconciliation of Funds’ investment portfolio transactions based on required reporting date.
• Record manual entry holdings (without bank feeds) of diverse investments, dividends and franking credits, manual asset accounts, loans and loan repayments.
• Reconcile trade summary reports (trade sheets) and XPLAN investment details.
• Execute corporate actions for distribution entitlement of shares and managed funds, among others.
• Prepare year end reports, performance reports, portfolio valuation and asset allocation.
• Account mapping and transfer of holdings.
• Compile source documentation for Funds’ audit.
• Update client data, personal and investment details (investment price update, change of trading platform).
• Monitor correspondences and ensure appropriate communications are delivered to clients (XPLAN mail outs).

• Post Statement of Advice Paraplanning Support
• Obtain signed Authority to Proceed from the client and/or adviser.
• Fill out forms for the client – online and paper application.
• Obtain necessary signed forms to execute the agreed advice.
• Send all forms to insurers and/or superannuation providers for assessment.
• Follow up daily on the status of each form until completion.
• Notify clients and/or adviser of any changes on the assessment until completion.
• Notify clients and/or adviser once forms have been actioned and everything is in place.
• Obtain necessary information to corroborate the completion of the application.
• Update client data on the system based on the information gathered.
• Save files into the client file.
• Monitor and update any changes on the status of the insurances, investments, and superannuation after completion of the application.
• Book client appointment for financial planning review.
• Rebalance client account as advised by the client.

• General Duties and Responsibilities
• Liaise with clients to obtain source documentation as necessary from time to time.
• Identify issues, particularly breach of compliance, resolve these matters and report to Team Lead.
• Contribute to the setup and reinforcement of internal control procedures.
• Perform ad hoc assignments and other related work as assigned by Team Lead and/or clients.

• Ad Hoc Paraplanning Support
• Daily checking and maintenance of Client’s email.
• Drafting of Pension Agreements.
• Sound file transcription.
• Preparation of minutes of meeting.
• Client ID Management.
• Mind Mapping of client’s personal and portfolio details.
• Perform ad hoc assignments and other related work as assigned by the client.

• Statement of Advice Paraplanning Support
• Receive SOA requests from the advisers.
• Send acknowledgment email to client notifying receipt of the SOA request.
• Obtain full analysis of the strategies and documents provided.
• Prepare confirmation email regarding understanding of the strategies and related queries.
• Prepare Statement of Advice as per the confirmed strategy.
• Conduct initial and/or final internal reviews of completed SOA.
• Dispatch completed Statement of Advice to the advisers for review.
• Do revisions of the Statement of Advice if required by the advisers.

Qualifications

• Must possess a bachelor’s degree in Accountancy, Business Administration, Business Management, or any equivalent.
• Fresh graduates are welcome to apply.
• Diploma of Financial Planning, RG 146 Certification qualification is a plus.
• Relevant work experience in paraplanning, or client services roles with practical skills in preparing Statement of Advice (SOA) is a plus.
• Must have excellent written and verbal communication skills.
• Must be confident in dealing with clients, firm financial advisors, and wealth managers.
• Operational experience in XPLAN, Coin and Midwinter is a plus.
• Must have strong knowledge of Microsoft Office (Excel, Word, PowerPoint).
• Excellent client management, ability to meet deadlines, multitask, work under pressure and manage time.
• Strong financial and analytical skills, and attention to detail.
• Willing to be assigned to Balanga, Bataan.

Apply Now

Note: This description retains the content of the original job posting and omits extraneous site boilerplate. EEO statements should be included as applicable by the employer in the final posting.