At a Glance
- Tasks: Support fee processing and ensure data accuracy for a leading wealth management firm.
- Company: Boutique wealth management company with a stellar reputation.
- Benefits: Gain valuable experience in finance, with opportunities for growth and development.
- Other info: Collaborative environment with mentorship from experienced analysts.
- Why this job: Kickstart your career in finance while making a real impact on client fee management.
- Qualifications: 1-2 years in financial services, strong Excel skills, and a degree in finance or related field.
The predicted salary is between 25650 - 31350 £ per year.
Our client is a boutique wealth management company, highly recognised with a fantastic reputation.
The Trainee Fee Data Analyst will work within the client fees management team and support all fee processing for the Investment Management Firm – within their Edinburgh office. The role entails gaining an understanding of the data the Wealth Management firm uses in the course of its daily business activities in relation to client and adviser fees, with the key objective being to ensure the data is accurate and maintain data integrity to ensure the Firm charges clients the appropriate fees.
The Trainee Fee Data Analyst will have responsibilities that include:
- Ongoing monitoring and MI reporting with support from a senior analyst.
- Close co-operation with Front Office, Finance, Custody Services, and the new account onboarding team members.
- Supporting the Senior Fee Analyst by processing the end-to-end operational fee process each quarter.
- Monitoring and working with the Senior Fee Analyst to manage the process for all fee data amendment requests.
- Processing ad-hoc client fees in accordance with standard operating procedures.
- Liaising with internal teams to ensure a high level of data accuracy.
- Ongoing data monitoring to identify any incorrect fee set-ups.
- Ongoing data monitoring to identify any fees which are at detriment to the client (i.e. above our standard rate).
- Ongoing monitoring of MI to assure staff account fees are in line with our policy.
- Supporting the updating and management of the fee discount/fee holiday approval process for new and existing clients.
- Maintaining the fee discount register and reviewing it on a quarterly basis with the Head of Front Office and Front Office Team Heads.
- Assisting with the maintenance of client fee schedules ensuring accuracy and adherence to guidelines.
- Owning and maintaining stakeholder support materials on the intranet.
The Candidate
- 1-2 years relevant Financial Services or Investment Operations Data industry experience desirable.
- Competent in all MS Office products – specifically Excel.
- Bachelor's degree in accounting, finance or related field, or equivalent work experience.
- Data entry and/or Client Data maintenance experience gained within an Operations/Finance environment.
- Highly numerate and accurate with an investigative approach to problem solving.
- Strong analytical skills with the ability to collect, organise, analyse, and disseminate significant amounts of information accurately.
Trainee Fee Data Analyst , Investment Operations Data , Wealth Management , Edinburgh employer: JJ SEARCH LIMITED
As a leading Wealth Management firm located in Blackpool, we pride ourselves on fostering a collaborative and supportive work environment that empowers our employees to thrive. Our commitment to professional development is evident through tailored training opportunities and a clear pathway for career advancement, ensuring that our team members can grow alongside the firm. With a focus on high-net-worth clients, you will be part of a dynamic team that values innovation and excellence, making this an ideal place for those seeking a meaningful and rewarding career in financial planning.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Fee Data Analyst , Investment Operations Data , Wealth Management , Edinburgh
✨Get Involved with University Events
Trainee roles in financial controlling often pop up through university career fairs and networking events. Join finance-related societies at your university so you can mingle with professionals and get the insider scoop on who’s hiring. Plus, these events often have companies like JJ SEARCH LIMITED actively scouting for fresh talent, so get your face out there!
✨Show Off Your Excel Skills
Financial controlling is all about crunching numbers and analysis, so make sure you highlight any relevant skills, especially in Excel. Consider creating a portfolio showcasing your analytical projects or even doing a small financial analysis on a company like JJ SEARCH LIMITED. This will not only impress them but also show you’re proactive!
✨Leverage Professional Networks
Connect with professionals in the financial controlling space through platforms like LinkedIn. Join finance groups and participate in discussions. Even better, search for mentors who can guide you through the maze of securing a trainee role. It’s all about building those connections!
✨Apply through Your University
Many firms, including JJ SEARCH LIMITED, have partnerships with universities for trainee positions. Make sure you utilise your university's career services to get access to exclusive openings and even mock interview practice. Don’t just submit your application blindly—tap into this resource to maximise your chances of landing that trainee position.
We think you need these skills to ace Trainee Fee Data Analyst , Investment Operations Data , Wealth Management , Edinburgh
Some tips for your application 🫡
Show Off Your Academic Credentials:In the financial controlling world, your grades matter! Highlight your academic achievements, especially in relevant subjects like finance, accounting, or economics in your CV. If you’ve completed any finance-related courses or certifications, don’t shy away from boasting about them!
Quantify Your Experience:Employers love numbers! When describing any work experience or projects on your CV, try to include metrics or results. For example, if you managed a budget or helped cut costs for a project, mention how much you saved or increased efficiency. This shows you can make an impact.
Express Your Passion in the Cover Letter:As a trainee, your eagerness to learn is crucial. Use your cover letter to convey your enthusiasm for finance. Share what intrigues you about financial controlling and how this role at JJ SEARCH LIMITED can help you grow your skills and knowledge in the field.
Tailor Your Application to JJ SEARCH LIMITED:When applying, it’s vital to tailor your CV and cover letter to reflect the values and goals of JJ SEARCH LIMITED. Mention specific projects or initiatives of the company that resonate with you. Personalising your application shows you’ve done your research and are genuinely interested in being part of their team.
How to prepare for a job interview at JJ SEARCH LIMITED
✨Master the Numbers
Finance ain't just about the glitzy spreadsheets! Brush up on your numerical skills and be prepared for some practical case questions. Expect scenarios where you’ll need to crunch some numbers to analyse financial scenarios—it’s a big part of the trainee role in financial controlling.
✨Know Your Tools
Familiarise yourself with financial software and tools commonly used in the industry like SAP or Excel. During the interview, you might be quizzed on your experience with these tools and how you would use them to streamline financial reporting or budgeting processes.
✨Show Your Willingness to Learn
As a trainee, your potential is just as important as your current skills. Be prepared to talk about your eagerness to learn and grow in the role. Sharing examples of how you've picked up new skills in the past can show that you’re adaptable and ready for the challenges ahead!
✨Ask Smart Questions
Tailor your questions to show you understand the financial controlling field—think about how the company handles its financial reporting processes or ask about the specific tools they use. This not only demonstrates your interest but gives us insight into your analytical thinking and engagement with the role at JJ SEARCH LIMITED.
