| View Related Salaries: |
What does a Fund Administrator earn?
Fund administrators typically earn £50,000 per year in the UK. Their main responsibility is to manage client assets and carry out administrative tasks such as reconciling accounts, managing investments and preparing statements. They also provide financial advice, often to individuals and smaller companies, on appropriate investments and regulatory matters. Fund administrators may choose to specialise in certain areas such as bond trading or structured investments.
How to earn more as a Fund Administrator
"To become a fund administrator, you will need to have a degree in economics, business, or a related subject. If a degree is unattainable, then an apprenticeship is a viable option. To increase your salary, move into a specialised area, such as reporting and compliance, or become a manager of a financial services business. If you feel confident, then you could become self-employed or even set up your own business. Those in the top 10% of fund administrators earn an average of £80,000 a year."
Min: £25,000.00 Max: £80,000.00
Average Fund Administrator Salary in UK : £50,008.30
Read about Fund Administrator salaries, related jobs and salary information across the UK
Fund Administrator Salary data from the ONS
Minimum
Median
Maximum
Age Group
Recommended Fund Administrator Jobs in UK
Average Salary for Fund Administrator compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Trade Finance Supervisor Salary in UK | £32,794.28 |
| Financial Services Sales Agent Salary in UK | £33,353.17 |
| Securities and Commodities Trader Salary in UK | £36,289.42 |
| Private Banker Salary in UK | £38,951.59 |
| Portfolio Manager Salary in UK | £39,313.15 |
| Risk Officer Salary in UK | £40,710.72 |
| Financial Specialist Salary in UK | £45,609.24 |
| Branch Investment Manager Salary in UK | £46,167.77 |
| Investment Manager Salary in UK | £50,861.33 |
| Asset Manager Salary in UK | £56,221.10 |
| Treasury Manager Salary in UK | £61,381.97 |
| Treasury Controller Salary in UK | £73,398.97 |
| Funds Associate Salary in UK | £76,739.11 |
| Investment Fund Manager Salary in UK | £80,945.38 |
| Forex Trader Salary in UK | £82,165.00 |
Salary by Region
Compare Fund Administrator salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £29,525.00 |
| London | £75,625.00 |
| North West | £33,920.05 |
| Yorkshire and the Humber | £30,329.25 |
Annual Job Ads by Region
Understanding the Average Fund Administrator Salary in the UK
As a Fund Administrator in the UK, it's important to have a clear understanding of the average salary in the industry. According to average Banking and Insurance salaries, the average salary for a Fund Administrator in the UK is £50,000 per year. This figure can vary depending on factors such as experience, qualifications, and the size of the company you work for.
Salary Expectations for Newly Qualified Fund Administrator
If you're just starting out as a Fund Administrator, it's natural to wonder what salary you can expect. To get a better idea, you can explore the current job market by conducting a job search specifically for Fund Administrator positions in the UK. This will give you an insight into the salary range for entry-level roles and help you set realistic salary expectations.
Salaries for Experienced Fund Administrator
As you gain experience and expertise in the field of Fund Administration, your earning potential is likely to increase. Experienced Fund Administrators in the UK can earn anywhere between £25,000 and £80,000 per year. Factors such as the complexity of the funds you manage, the size of the company, and your track record of success can all contribute to higher salary offers.
Creating a Fund Administrator CV
When applying for Fund Administrator roles, having a well-crafted CV is essential. To help you create a professional and impactful CV, you can use a CV template specifically designed for Fund Administrators. This template will guide you through the process of highlighting your skills, experience, and qualifications in a way that appeals to potential employers in the UK.
Career Development Opportunities for Fund Administrator
As a Fund Administrator, there are various career development opportunities available to you. Whether you're looking to specialize in a specific type of fund or move into a managerial role, it's important to stay informed about the latest trends and advancements in the industry. You can find valuable career advice that can help you navigate your career path and make informed decisions about your professional development.
Comprehensive Compensation for Fund Administrator
Aside from the base salary, Fund Administrators in the UK may also receive additional compensation in the form of bonuses, profit-sharing, or other incentives. The comprehensive compensation package for Fund Administrators can vary depending on the company and the individual's performance. It's important to consider the overall package when evaluating job offers and negotiating your salary.
Strategies for Increasing Your Salary as a Fund Administrator
If you're looking to increase your salary as a Fund Administrator, there are several strategies you can employ. These include continuously updating your skills and knowledge, taking on additional responsibilities, and seeking out opportunities for professional growth. By demonstrating your value to employers and staying proactive in your career development, you can position yourself for higher earning potential.
Professional Development and Earnings
Investing in your professional development as a Fund Administrator can have a direct impact on your earnings. By pursuing relevant certifications, attending industry conferences, and staying up-to-date with the latest industry trends, you can enhance your skills and knowledge, making yourself more valuable to employers. This, in turn, can lead to higher earning potential and career advancement opportunities.
Capitalising on Extra Hours and Duties
As a Fund Administrator, there may be opportunities to take on extra hours or duties that can contribute to your overall earnings. Whether it's assisting with special projects, volunteering for additional responsibilities, or taking on overtime work, being proactive and willing to go the extra mile can demonstrate your dedication and potentially lead to increased compensation.
