At a Glance
- Tasks: Support Wealth Managers with client account administration and documentation.
- Company: Join RBC, a leading bank with a focus on collaboration and growth.
- Benefits: Flexible remote work, professional development, and a supportive team environment.
- Other info: Dynamic role with opportunities for career advancement in a high-performing team.
- Why this job: Make a real impact in wealth management while learning and growing your skills.
- Qualifications: Experience in administration and knowledge of Office 365 is essential.
The predicted salary is between 30000 - 40000 £ per year.
We have an exciting opportunity for a Wealth Administrator to join the Wealth Management team in our Edinburgh office on an 18 month FTC. The successful candidate will play an integral role in the day-to-day ongoing administration of client’s accounts. This is a busy and varied role and no two days will be the same. You will be providing the best possible service to our colleagues and clients as part of a cohort of likeminded individuals, who strive to achieve great results while constantly learning and adapting to improving systems and working practises.
RBC’s expectation is that all employees and contractors will work in the office with some flexibility to work up to 1 day per week remotely, depending on working arrangements.
What will you do?
- Communicate with Wealth Managers and their Associates, providing support with administration duties.
- Preparation and processing of all new client documentation and amendments.
- Monitor transfers of assets/cash from other institutions.
- Support ISA subscriptions and transfers.
- Processing of payments clients.
- Liaise with colleagues within Business Support regarding administration of client accounts.
- Ensure client details and reviews are recorded correctly on systems.
- General record keeping and electronic filing.
- Adhering to Conduct Risk standards.
What do you need to succeed?
Must-have
- Experience in administration within the discretionary wealth management sector preferred.
- Intermediate knowledge of Office 365 Suite and Outlook essential.
- Excellent attention to detail.
- Proactive individual.
Nice-to-have
- Awareness of MiFID II legislative framework.
What is in it for you?
We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Leaders who support your development through coaching and managing opportunities.
Opportunities to work with the best in the field.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and high-performing team.
Wealth Administrator - 18 month FTC in Edinburgh employer: Royal Bank of Canada
RBC is an exceptional employer that fosters a dynamic and collaborative work culture in its Edinburgh office, where employees are encouraged to reach their full potential while making a meaningful impact on clients and communities. With a strong emphasis on professional development, inclusive values, and the opportunity to work alongside industry leaders, the Wealth Administrator role offers a rewarding experience in a supportive environment that prioritises growth and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Wealth Administrator - 18 month FTC in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to current employees at RBC or in the wealth management sector on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of MiFID II and the latest trends in wealth management. Show them you’re not just a candidate, but someone who’s genuinely interested in the field.
✨Tip Number 3
Practice your communication skills! Since you'll be liaising with Wealth Managers and clients, being articulate and clear is key. Try mock interviews with friends or use online resources to sharpen your skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the RBC team. Let’s get you that job!
We think you need these skills to ace Wealth Administrator - 18 month FTC in Edinburgh
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Wealth Administrator role. Highlight your experience in administration within the discretionary wealth management sector and any relevant skills that match the job description.
Show Off Your Attention to Detail:Since this role requires excellent attention to detail, be sure to proofread your application thoroughly. A well-presented application reflects your ability to maintain high standards in your work.
Be Proactive in Your Approach:Demonstrate your proactive nature in your application. Share examples of how you've taken initiative in previous roles, especially in administrative tasks or client interactions.
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application is received properly and allows us to review it efficiently. Plus, it shows you're serious about joining our team!
How to prepare for a job interview at Royal Bank of Canada
✨Know Your Stuff
Before the interview, make sure you brush up on your knowledge of the discretionary wealth management sector. Familiarise yourself with common terms and processes, especially those related to client documentation and asset transfers. This will show that you're proactive and ready to hit the ground running.
✨Showcase Your Attention to Detail
Since this role requires excellent attention to detail, prepare examples from your past experiences where your meticulousness made a difference. Whether it was catching an error in documentation or ensuring accurate record-keeping, these stories will highlight your suitability for the position.
✨Communicate Clearly
Effective communication is key in this role. During the interview, practice articulating your thoughts clearly and concisely. You might even want to prepare a few questions to ask about how the team collaborates with Wealth Managers and Associates, demonstrating your interest in teamwork.
✨Be Ready to Adapt
This position involves a variety of tasks, so be prepared to discuss how you've successfully adapted to changing situations in previous roles. Share specific examples of how you’ve learned new systems or improved working practices, which aligns perfectly with the company’s values of growth and collaboration.
