Paraplanner

Paraplanner

Location: Carlisle
Salary: 35,000 - 38,000 (experience dependent)
Hours: Full-Time
Job Type: Permanent

The role:
As a Paraplanner you will play a pivotal role in supporting the businesses financial advisers by providing technical expertise, conducting in-depth research, and ensuring all advice and documentation meet regulatory and compliance standards. This roles main focus is to deliver a seamless client experience. You will work closely with advisers, administrators, and compliance teams to produce high-quality, accurate suitability reports and advice files. The ideal candidate will have a strong understanding of financial products and regulatory requirements and an eye for detail to ensure that advice is both compliant and client-focused.

Responsibilities:

• Draft comprehensive suitability reports tailored to individual client needs, ensuring the accuracy and clarity of recommendations, as well as prepare additional documentation, such as annual review reports, to assist advisers in maintaining ongoing client relationships.
• Update and maintain client records in line with FCA requirements and company procedures.
• Conduct in-depth product research to compare features, benefits, and suitability of financial products across pensions, investments, protection, and tax-efficient solutions.
• Analyse client portfolios to assess performance, risk levels, and alignment with financial objectives.
• Provide advisers with data-driven insights to support the advice process.
• Ensure all recommendations and reports meet FCA compliance standards, including accurate documention of advisor-client conversations and client circumstances.
• Ensure that appropriate records are maintained of the advice process.
• Work closely with the compliance team to resolve any issues and ensure all documentation is reviewed and approved before submission.
• assist with updating suitability report templates to ensure that these remain compliant and reflect the latest taxation legislation and regulatory requirements.
• Support advisors in identifying and mitigating potential compliance risks in complex cases.

Skills

• At least two years of experience in a paraplanning role or within a financial services environment.
• Level 4 Diploma in Financial Planning
• Strong understanding of financial products across pensions, investments, protection, and taxation.
• Proficiency in financial planning research tools such as SelectaPension, Defaqto, and CashCalc.
• Proficient in Microsoft Office skills (Excel, Word, Powerpoint).
• Familiarity with FCA regulations and compliance requirements.
• Exceptional attention to detail with the ability to analyse data and provide clear, concise recommendations.
• Excellent written and verbal communication skills to explain technical details effectively.
• Familiarity with tax planning, trusts, and estate planning.
• Experience using back-office systems like True Potential, Intelligent Office, or similar.

To apply today or for more information, please call Sarah on (phone number removed)

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