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Investment Administrator Jobs
Investment administrator jobs are responsible for providing administrative support to the products and services provided by the financial services industry. Investment administrator jobs 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.
Investment administrator jobs salaries range from £15,000 a year, to more than £25,000 for experienced investment administrators.
Investment administrator jobs 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.
The minimum entry requirements to work as an investment administrator are four GCSEs/S grades (A-C/1-3), including English and maths. Opportunities may also be available for candidates with two A levels/three H grades and a degree.
Training is usually provided on the job. Employers normally provide structured in-house training programmes, covering all aspects of the investment administrator 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 investment administrators may take on greater responsibilities as senior administrators, and the most able may become supervisors.
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Email the Financial Services Division at email@example.com.
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