At a Glance
- Tasks: Support financial operations and maintain client records in a dynamic wealth management firm.
- Company: Join a leading UK wealth management firm known for exceptional client service.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Fast-paced environment with opportunities for personal training and career growth.
- Why this job: Make a real impact in finance while growing your skills in a respected team.
- Qualifications: 1-2 years in financial services with strong communication and customer service skills.
The predicted salary is between 24300 - 29700 £ per year.
Do you have the right skills and experience for this role Read on to find out, and make your application.
Financial Administrator (IFA)
An exciting opportunity has arisen for a Financial Administrator to join one of the UK's leading wealth management and financial advisory firms, based in the Solihull area.
Renowned for their exceptional client service, forward-thinking approach, and long-standing reputation for excellence, this organisation continues to make an impactful difference in the lives of the individuals and businesses they support.
Finance is at the heart of every successful organisation, and this role is a key part of ensuring the smooth and effective operation of the business.
We are looking to speak with applicants who can demonstrate strong commitment, genuine enthusiasm, and a proactive approach, individuals who are eager to contribute to a high-performing and respected team.
Main Responsibilities for the successful Financial Administrator
- Comply with FCA regulation, Data Protection and Anti Money Laundering legislation.
- Prepare documentation for meetings, set up client records and gather existing plan information.
- Accurately maintain all client records with any activity undertaken.
- Action changes to clients' policies as instructed from fund switches, withdrawals to income payments.
- Prepare application forms for different plan types (from the investment including IHT plans and offshore products to life income protection and relevant pension covers including SIPPs and SSASs) with 20+ different providers with varying requirements and processes.
- Process completed applications including trust documents and monitor progress via regular chase-ups through to successful completion.
- Update business trackers and actively maintain the client record with notes regarding all activity undertaken.
- Check adviser meeting notes and provider correspondence and use experience and knowledge to correctly identify all action required and set up accurate work tasks.
- Attend and contribute to Team and staff meetings.
- Take responsibility for managing own workload and proactive problem solving.
- Undertake personal training to maintain and develop knowledge and communicate to rest of team. xsabvtc
About the successful Financial Administrator
- One to two years' minimum experience of working in financial services
- Knowledge of the Financial industry related products/ back-office systems (Intelligent Office, i Pipeline preferred)
- Excellent Communication and Costumer service skills
- Ability to work well under pressure
- Experience working large client base and different providers
- Experience in actively managing and monitoring a rolling caseload of 30 to 40 client applications and servicing requests.
- Adapt to a fast-changing environment working with Team L
- Please click on the apply button to read the full job description
Financial Administrator employer: Paradigm Employment Services
Paradigm Employment Services is an excellent employer for Recruitment Consultants, offering a dynamic work culture that values autonomy and flexibility. With the opportunity to work remotely while supporting clients and candidates across Plymouth and its surrounding areas, employees benefit from a supportive environment that encourages professional growth and development. The company fosters strong relationships within the local market, providing unique advantages for those looking to make a meaningful impact in their recruitment careers.
Contact Details:
Paradigm Employment Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Administrator
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Paradigm Employment Services. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Administrator
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Paradigm Employment Services.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Paradigm Employment Services's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Paradigm Employment Services
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Paradigm Employment Services.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Paradigm Employment Services will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Paradigm Employment Services employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
