Featured Advice
What are your interests?

Linguistic?

Linguistic

The Linguistic's interests are usually focused on ideas and information exchange. They tend to like reading a lot, and enjoy discussion about what has been said. Some will want to write about their own ideas and may follow a path towards journalism, story writing or editing. Others will develop skills in other languages, perhaps finding work as a translator or interpreter. Most Linguistic types will enjoy the opportunity to teach or instruct people in a topic they are interested in.

Salary Range
€22k - €65k
Career Zone

In Brief...

Manages fund prices and reacts to market prices on a daily basis.

Knowledge

  • Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Administration and Management Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

Skills

  • Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Reading Comprehension Understanding written sentences and paragraphs in work related documents.
  • Judgment and Decision Making Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Speaking Talking to others to convey information effectively.

In Summary - Fund Administrator

Career Sectors

Fund Administrators typically work in the following Career Sectors:

Investment Banking
Banking & Financial Services

Videos on the Web

The Work - Fund Administrator

Most commonly reported Work Tasks

  • Manage investment funds to maximize return on client investments.
  • Select specific investments or investment mixes for purchase by an investment fund.
  • Analyze acquisitions to ensure conformance with strategic goals or regulatory requirements.
  • Select or direct the execution of trades.
  • Develop or implement fund investment policies or strategies.
  • Develop or direct development of offering documents or marketing materials.
  • Evaluate the potential of new product developments or market opportunities, according to factors such as business plans, technologies, or market potential.
  • Identify group or individual target investors for a specific fund.
  • Meet with investors to determine investment goals or to discuss investment strategies.
  • Monitor regulatory or tax law changes to ensure fund compliance or to capitalize on development opportunities.

Interests - Fund Administrator

This occupation is typically suited for people with the following Career Interests:

Administrative

Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.

They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.

Enterprising

Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.

Entry Requirements - Fund Administrator

Pay & Salary - Fund Administrator

Salary Range (thousands per year)* €25k - €155k

Fund Administrator: 26 - 32

SETTLEMENTS STAFF
Settlements Manager: 35 - 60
Settlements Team Leader: 40 - 47
Settlements Administrator: 20 - 40

COMPLIANCE STAFF
Head of Compliance: 70 - 160
Compliance Manager: 40 - 100
Compliance Officer: 22 - 60

CUSTODY STAFF
Custody Administrator: 21 - 45
Head of Custody: 60 - 145
Senior Custody Manager: 55 - 100
Custody Manager: 40 - 90
Custody Supervisor: 32 - 60

Data Source(s):
CPL / Morgan McKinley / Brightwater / Sigmar

Last Updated: March, 2017

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.

Labour Market Updates - Fund Administrator

With over 50,000 persons employed, job opportunities are likely to continue in this occupation in areas such as fund accountants, accounts payable/receivable and payroll. This occupation had over 8,700 recent job hires in 2017 indicating a high level of churn is occurring. Employment totals are expected to fall in the coming years due to the impact of outsourcing and automation in these roles.

National Skills Bulletin 2018

Useful Contacts - Fund Administrator

Career News

Financial Giants Announce 50 New Jobs for Cashel
Financial Giants Announce 50 New Jobs for Cashel
Posted by CareersPortal
Carne Group to create 250 new jobs in Wexford and Kilkenny
Carne Group to create 250 new jobs in Wexford and Kilkenny
Posted by CareersPortal
FinTech Company TradeIX Announces Further Expansion in Ireland
FinTech Company TradeIX Announces Further Expansion in Ireland
Posted by CareersPortal
Applications now open for the IFS Apprenticeship Programme
Applications now open for the IFS Apprenticeship Programme
Posted by CareersPortal
Sedgwick to create 250 jobs in Ireland
Sedgwick to create 250 jobs in Ireland
Posted by CareersPortal
AIB Future Sparks Festival
AIB Future Sparks Festival
Posted by AIB