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Investment Administrator Jobs
Investment Administrators are responsible for providing administrative support to the products and services provided by the financial services industry. The demands placed on an investment administrator varies according to the employer, but generally involves processing new business and investment applications, ensuring that customer data and records are updated and maintained, ensuring systems meet company and legal requirements, assisting in reconciling funds, issuing accurate valuations and payments of funds on demand, accepting written instructions and handling telephone calls, checking and inputting customers' instructions and ensuring that client investment purchases or sales are accurately settled or completed.
Salaries for an investment administrator usually range from £20,000 to £30,000 depending on experience.
What does an investment adminstrator need?
- strong interpersonal and communication skills
- excellent customer service skills
- to work well as part of a team
- good numeracy skills
- to be analytical, with good attention to detail and accuracy.
There are over 20,000 support staff employed in the securities and investment sector and the prospects are good. Employers include banks, investment houses and private companies. Opportunities exist throughout the UK.
Training is usually provided on the job. Employers normally provide structured in-house training programmes, covering all aspects of the role role and company procedures. To comply with regulatory legislation in financial services trainees are normally required to take a programme of exams. The Securities and Investment Institute offers various qualifications from the Investment Administration Qualification (IAQ) through to the Diploma. Career progression and promotion are usually performance related. Initially, they may take on greater responsibilities as senior administrators, and may eventurally become supervisors.
Contact the Financial Services Division Team
Email the Financial Services Division at firstname.lastname@example.org.
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