Financial Services Administrator Apprentice

RIGHT FINANCIAL MANAGEMENT LTD

DERBY, DE21 6BF

Closes in 22 days (Monday 27 January at 11:59pm)

Posted on 23 December 2024


Summary

You will provide administrative support to the financial advisers, ensuring the smooth running of the office and the efficient delivery of services to our clients. An exciting opportunity to play a key role in a fast-growing firm, where your contributions will have a direct impact on the success of the business and the satisfaction of our clients.

Annual wage
£17,000 a year

Minimum wage rates (opens in new tab)

Training course
Financial services administrator (level 3)
Hours
Monday to Friday, 9.00am to 5.00pm.

37 hours 30 minutes a week

Possible start date

Monday 10 February

Duration

1 year 3 months

Positions available

1

Work

As an apprentice, you’ll work at a company and get hands-on experience. You’ll gain new skills and work alongside experienced staff.

What you’ll do at work

  • Schedule client meetings, including setting up calls, video      conferences and face-to-face appointments
  • Manage client communications, including responding to queries and arranging meetings as necessary
  • Liaise with our introducers to keep them up to date on the progression of their referrals
  • Maintain accurate and up-to-date client records in the firm’s CRM and back-office systems
  • Prepare and process client applications, reports, and forms (e.g., pensions, investments, insurance)
  • Assist with the preparation of client meeting packs and reports, including gathering relevant financial data
  • Liaise with third-party providers (e.g., pension and investment companies, insurance providers) to process client applications and requests

Support to Financial Advisers:

  • Provide day-to-day administrative support to financial advisers, ensuring they have the necessary information for client meetings.
  • Attend and observe client appointments to build skills to assist in the preparation of suitability reports and other financial documents
  • Manage adviser diaries, ensuring appointments and deadlines are met

Compliance and Record Keeping:

  • Ensure that all client documentation and transactions are compliant with regulatory requirements.
  • Support the team with maintaining up-to-date records for audits and regulatory reviews
  • Monitor client reviews and ensure compliance with the firm's service level agreements and timelines

General Office Support:

  • Manage the filing, scanning, and organisation of paperwork.
  • Assist with the day-to-day running of the office, including ordering supplies and maintaining office equipment
  • Support other administrative tasks as needed to help ensure the smooth operation of the business

Client and Marketing Support:

  • Assist in the preparation of client newsletters, marketing materials, and social media content.
  • Coordinate client events and seminars, as required.

Where you’ll work

16 STANIER WAY

WYVERN BUSINESS PARK

CHADDESDEN

DERBY

DE21 6BF

Training

An apprenticeship includes regular training with a college or other training organisation. At least 20% of your working hours will be spent training or studying.

College or training organisation

SIMPLY ACADEMY LTD

Your training course

Financial services administrator (level 3)

Equal to A level

Course contents
  • Quality service delivery: Consistently develops and delivers excellent service to customers, colleagues & advisers, supporting the products / services provided and adhering to ‘Treating Customers Fairly’ principles at all times
  • Customer communication & relationships: Develops effective relationships with customers & key contacts, handling & resolving issues through effective verbal/written/IT skills.
  • Team working & collaboration: Understands role within team & impact on others. Consistently endeavours to support colleagues & collaborate to achieve results
  • Planning & prioritising: Consistently adheres to systems & processes using proficient IT skills, including risk, regulatory and governance requirements

Your training plan

Level 3 Financial Services Administrator apprenticeship standard.

The Financial Services Administrator apprenticeship is ideal for learners beginning an entry level role in the financial sector.
As an entry level role, this apprenticeship provides the foundation knowledge, skills and experience for progression along a number of career paths. 

Key Learning Outcomes:

  • A broad understanding of the financial services sector
  • An understanding of the role of the appropriate regulatory bodies
  • The importance of relationship building with clients and colleagues
  • Understanding of processes and procedures relevant to the role
  • How to develop commercial awareness
  • Building skills and capabilities within an organisation

Professional Qualifications:

  • R01 (CII)
  • Completion of R01 will provide a solid foundation for the learner and can lead on to progression to study in other areas

To help prepare the apprentice for the professional qualification, apprentices are provided with Simply Academy’s qualification resource package, alongside a structured study plan supported by a series of live revision sessions with our qualified tutors.

Requirements

Essential qualifications

GCSE in:

  • 5 subjects including maths and english (grade 4 or above)

Let the company know about other relevant qualifications and industry experience you have. They can adjust the apprenticeship to reflect what you already know.

Skills

  • Communication skills
  • IT skills
  • Attention to detail
  • Organisation skills
  • Customer care skills
  • Administrative skills
  • Team working
  • Self motivated
  • Positive attitude
  • Enthusiam for the industry

Other requirements

Right Wealth Management is an equal opportunity employer, committed to fostering a diverse and inclusive workforce. We encourage applicants from all backgrounds to apply.

About this company

Right Wealth Management is a growing, fast paced and exciting Independent Financial Advisory (IFA) firm based in Derby, with a national presence. We pride ourselves on being different, we say yes to everyone and encourage all UK adults to create a financial plan for them and their loved ones. We deliver exceptional financial planning and protection services to individuals and businesses. Our ambitious team is committed to providing personalised financial solutions with a focus on building lasting relationships with our clients.

After this apprenticeship

  • Upon successful apprenticeship completion, the candidate can look forward to a permanent role with growth areas being wide and vast i.e.Financial Advisor, Insurance Advisor, Para Planner

Ask a question

The contact for this apprenticeship is:

SIMPLY ACADEMY LTD

Monica Peacock

monica@simplyacademy.com

The reference code for this apprenticeship is VAC1000293462.

Apply now

Closes in 22 days (Monday 27 January at 11:59pm)

When you apply, you’ll be asked to sign in with a GOV.UK One Login. You can create one at the same time as applying for this apprenticeship.