Nimit Shah
About Nimit Shah
Nimit Shah is a Paraplanner and Product Specialist/Trader currently employed at HSBC Private Bank in London. With extensive experience in financial planning and a strong educational background, he has worked in various roles across several financial institutions since the mid-1990s.
Work at HSBC
Nimit Shah has been employed at HSBC Private Bank since 2016, serving as a Paraplanner - Product Specialist/Trader. In this role, he supports financial advisers by providing essential information and analysis to assist in client decision-making. His responsibilities include acting as a second point of contact for clients when advisers are unavailable, showcasing his strong client communication skills. His tenure at HSBC spans over eight years, during which he has developed a comprehensive understanding of the bank's products and services.
Previous Experience in Financial Services
Prior to his current role at HSBC, Nimit Shah accumulated extensive experience in the financial services sector. He worked at C. Hoare & Co as a Paraplanner from 2011 to 2016, where he honed his skills in client support and financial planning. Before that, he served as an Associate at Mercer Ltd from 2005 to 2009 and as an Associate Consultant at Aon Consulting Ltd from 1998 to 2005. His career began at Commercial Union, where he worked as an Administrator for eight months in 1995.
Education and Expertise
Nimit Shah holds a Master of Science degree in Integrated Systems Management from The University of Birmingham, which he completed in 1992. He also earned a Bachelor of Engineering with Honours in Chemical Engineering from South Bank University, graduating in 1991. His educational background provides a solid foundation for his expertise in financial planning. He possesses a broad knowledge of current financial planning issues and is proficient in various financial planning software, including 1st Software (Advisor Office), Voyant, and O&M Profiler.
Compliance Knowledge in Financial Planning
Nimit Shah has developed a strong understanding of compliance issues within the financial planning sector. His experience across various roles in financial services has equipped him with the necessary skills to navigate regulatory requirements effectively. This knowledge is crucial in ensuring that financial planning practices adhere to industry standards and protect client interests.
Background and Early Career
Nimit Shah's early career began shortly after his studies, with his first position as an Administrator at Commercial Union in 1995. He transitioned into more specialized roles in financial services, gaining valuable experience that led to his subsequent positions at Aon Consulting Ltd and Mercer Ltd. His educational journey included attending Kingsbury High School, which laid the groundwork for his future academic and professional pursuits.