At a Glance
- Tasks: Support financial advisers and clients with essential administration tasks.
- Company: Join RBC, a leading bank committed to diversity and inclusion.
- Benefits: Coaching, development opportunities, and a dynamic team environment.
- Other info: Work in a collaborative, high-performing team with great career prospects.
- Why this job: Make a real impact in the financial services sector while growing your skills.
- Qualifications: Previous admin experience and attention to detail are key.
The predicted salary is between 36000 - 60000 £ per year.
What is the opportunity?
We have an exciting opportunity for a Wealth Administrator to join the Wealth Management team in our London office on a permanent basis.
The role involves day‑to‑day administration of clients' accounts and supporting Wealth Managers and their Associates. The successful candidate will provide excellent service to colleagues and clients, thrive in a busy environment, and work to tight deadlines.
Responsibilities
- Communicate with Wealth Managers and their Associates to provide support with administration duties.
- Communicate (written and verbal) with clients and third parties – solicitors, accountants, SIPP and offshore bond providers, and IFAs.
- Arrange mail merges via post and email.
- Book and record client advice review calls and meetings, and process risk questionnaires.
- Prepare and process client advice proposals and reviews in line with team processes, liaising with the Business Standards Department for remediation.
- Process new and existing client documentation for individuals, trusts and corporate accounts, including account opening/closing, W8 Bens, fee amendments, and other required forms.
- Generate reports, track transfers in/out via the internal custody and settlement system (Avaloq), process domestic and international payments, and manage ISA subscriptions and APS transfers.
- Maintain accurate client records in the CRM system and team databases, resolve change logs, record new business opportunities and escalating operating events.
- Oversee and monitor asset/cash transfers from other institutions via the transfer dashboard.
- Collaborate with teams across London and regional offices to share best practice.
- Take responsibility for remediation projects and guide the team to timely completion.
- Adhere to Conduct Risk standards.
Must‑have qualifications
- Intermediate knowledge of Office 365 Suite and Outlook.
- Excellent attention to detail.
- Proactive, solution‑focused individual.
- Track record of extensive secretarial and administrative experience in a client‑facing wealth management team.
- Strong client service record.
- Experience communicating with clients and third parties and resolving basic day‑to‑day queries.
- Ability to build a clear understanding of all business areas and maintain an effective network across the business.
Nice‑to‑have
- Awareness of MiFID II legislative framework.
- Experience writing client advice reviews and proposals.
- Familiarity with Client Engage, Avaloq, Eximius and Power BI.
Core skills
- Accurate, detail‑oriented, numerical and written work.
- Clear and concise oral and written communication.
- Accountability and meeting deadlines.
- Pressure‑resistant, multi‑tasking and prioritisation.
- Quick learner with a positive, solution‑focused mindset.
- Proactive problem‑solving and initiative.
- Collaboration and teamwork.
- Willingness to support and train others.
- Commitment to continuous personal development.
Benefits
- Supportive leadership and coaching.
- Opportunities to work with industry experts.
- Impactful work with lasting benefits.
- Diverse, dynamic and high‑performing team environment.
Location
London office – 16 St Helen's Place, London, United Kingdom
Wealth Administrator employer: RBC Brewin Dolphin
RBC is an exceptional employer located in Edinburgh, offering a dynamic and collaborative work environment where employees are supported in their professional development through coaching and opportunities for growth. With a strong commitment to inclusion and diversity, RBC fosters a workplace that values diverse perspectives, enabling employees to make a meaningful impact while working alongside some of the best in the financial services field.
StudySmarter Expert Advice🤫
We think this is how you could land Wealth Administrator
✨Tip Number 1
Network like a pro! Reach out to people in the financial services sector, especially those who work as Wealth Administrators. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by practising common questions related to administration tasks. Think about how your previous experience aligns with the role and be ready to share specific examples that showcase your attention to detail.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the position.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you stand out, and applying directly gives you a better chance of being noticed by hiring managers. Let’s get you that Wealth Administrator role!
We think you need these skills to ace Wealth Administrator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Wealth Administrator role. Highlight your previous administration experience and any relevant skills, especially your knowledge of Microsoft packages. We want to see how you can bring your unique flair to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your attention to detail and ability to meet deadlines – we love that!
Showcase Your Communication Skills:As a Wealth Administrator, you'll be communicating with Financial Advisers and clients. In your application, give examples of how you've successfully communicated in past roles. We’re looking for clear, concise, and professional communication!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s super easy and ensures your application gets to the right place. Plus, you’ll get to explore more about us and what we stand for!
How to prepare for a job interview at RBC Brewin Dolphin
✨Know Your Stuff
Make sure you brush up on your administration experience, especially in financial services if you have it. Be ready to discuss specific tasks you've handled and how they relate to the role of a Wealth Administrator.
✨Master Microsoft Packages
Since intermediate knowledge of Microsoft packages is a must-have, practice using Excel, Word, and any other relevant software. Prepare to demonstrate your skills or share examples of how you've used these tools in previous roles.
✨Attention to Detail is Key
Showcase your attention to detail by preparing for the interview with a checklist of your achievements. Bring examples of how you've double-checked your work and ensured accuracy in past roles, as this will resonate well with the interviewers.
✨Be Ready to Discuss Deadlines
Think of instances where you've successfully met tight deadlines. Be prepared to explain how you prioritised tasks and managed your time effectively, as this is crucial for the Wealth Administrator position.
