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For Companies At a Glance
- Tasks: Manage payments, liaise with clients, and reconcile accounts daily.
- Company: Join an award-winning financial services and tech group in Newcastle.
- Benefits: Enjoy hybrid working, 33 days leave, and a solid pension plan.
- Why this job: Great opportunity to grow in finance with a supportive team culture.
- Qualifications: Excel skills and strong attention to detail are essential.
- Other info: Full-time role with exciting career development through the Financial Services Academy.
The predicted salary is between 26316 - 35976 £ per year.
Job Description
BMC Recruitment Group are currently recruiting for a Banking/Payroll Administrator to join our client who are an award-winning group of financial services and technology companies based in Newburn, Newcastle Upon Tyne. Key Benefits they offer:
- Salary remuneration of £31,396 inclusive of a bonus.
- Full-time permanent position
- Working Hours – Monday to Friday 8:30am – 5:30pm (1hr Lunch)
- Hybrid Working following training – 2 days from home – 3 days office based (Every 8 weeks for 1 week only fully office based)
- Free on-site parking
- 33 days annual leave, including bank holidays (increases with length of service)
- Company pension contribution (increases with length of service)
- Financial Services Academy – Allowing employees to develop their career within the wealth management sector
- Company/team events throughout the year
Your Duties & Responsibilities include:
- Investigate and match incoming payments to client accounts.
- Liaise with clients and financial advisers via email and our secure messaging service.
- Processing physical cheques.
- Direct debit management.
- Facilitate the investment of allocated funds to True Potential's in house investment platform.
- Bank account reconciliation.
- Claiming and reconciling tax relief received from HMRC.
You will need:
- A sound knowledge of Excel.
- A person who is analytical and detail orientated.
- A solid grasp of business administrative systems.
- Excellent organization and time management skills.
- Strong communicative skills.
Banking Administrator employer: BMC Recruitment Group
Contact Detail:
BMC Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking Administrator
✨Tip Number 1
Familiarise yourself with the financial services sector, especially focusing on banking and payroll processes. Understanding the industry jargon and key concepts will help you communicate effectively during interviews.
✨Tip Number 2
Brush up on your Excel skills, as they are crucial for this role. Consider taking an online course or watching tutorial videos to enhance your proficiency in data management and analysis.
✨Tip Number 3
Prepare to discuss your organisational and time management strategies. Think of specific examples from your past experiences where you successfully managed multiple tasks or projects simultaneously.
✨Tip Number 4
Practice your communication skills by engaging in mock interviews or discussions with friends. Being able to articulate your thoughts clearly will be essential when liaising with clients and financial advisers.
We think you need these skills to ace Banking Administrator
Some tips for your application 🫡
Understand the Role: Read the job description carefully to understand the key responsibilities and required skills for the Banking Administrator position. Tailor your application to highlight how your experience aligns with these requirements.
Craft a Tailored CV: Create a CV that specifically addresses the skills mentioned in the job description, such as proficiency in Excel, analytical abilities, and strong communication skills. Use bullet points to make your achievements clear and concise.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that demonstrate your ability to handle tasks like bank account reconciliation and liaising with clients. Make it personal and engaging.
Proofread Your Application: Before submitting, thoroughly proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for a Banking Administrator.
How to prepare for a job interview at BMC Recruitment Group
✨Showcase Your Excel Skills
Since a sound knowledge of Excel is crucial for this role, be prepared to discuss your experience with it. Bring examples of how you've used Excel in previous positions, whether it's for data analysis, reporting, or managing financial information.
✨Demonstrate Attention to Detail
As the job requires an analytical and detail-oriented person, highlight instances where your attention to detail made a difference. Discuss any experiences where you caught errors or improved processes through careful analysis.
✨Prepare for Client Interaction Scenarios
Given that liaising with clients and financial advisers is part of the role, think of examples where you've successfully communicated complex information. Be ready to role-play or discuss how you would handle specific client queries.
✨Emphasise Time Management Skills
With the need for excellent organisation and time management skills, prepare to talk about how you prioritise tasks. Share strategies you've used to manage multiple responsibilities effectively, especially in a fast-paced environment.
