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Featured Administrative Professional Job Description:  Financial - Institutional Markets


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Current job title:  Executive Assistant

 

Industry:  Financial Services

 

Department:  Institutional Markets. We work with large companies & invest money for their retirement plans.

 

Years worked in this industry:  5

 

Years worked in this department:  more than 2

 

Special training or attributes needed or helpful to get job in this industry (or specific department):  I have 22 years in the administrative field. Besides that, I worked as a temp in this position for 9 months before I was hired. When they saw that I was a good fit for the position, I was hired permanently.

 

Number of managers and/or staff supported:  4 executives and 38 other team members

 

Typical work hours:  8-5 w/ an hour lunch.

 

Weekends or overtime hours:  I rarely work overtime, but I am not compensated for it. I do it because it simply needs to be done & I LOVE what I do!

 

General salary range (Note: This is a general figure or range provided by survey respondent and may NOT be an exact salary in order to give survey respondent some privacy. Also you must take into account that the number of years worked in industry/department may contribute to this salary as well as criteria such as level of position and person reports to, required hours and geographical location.): approx. $43,000

 

Benefits (direct or indirect):  I do have good benefits. Medical, dental, 401k matching up to 6%, 4 weeks paid vacation + stock market holidays, annual bonuses paid at 10% of my salary

 

Lingo you might hear in this industry:  We are in a very unique niche of the financial industry & our (VERY smart) people are always pulling rabbits out of their hats with regard to new products. The rest of the folks in the financial industry are trying to wrap their brains around what we do, so I’ve stopped pretending that I know what is being discussed. I can’t help you with this one!

 

A typical day on the job:  Unpredictable. Sometimes it’s nuts & sometimes I have time to study for my Microsoft Office Specialist Certification. I get a lot of variety in my position and I also get a lot of routine activities. It’s a really great mix for me! I could be scheduling (& rescheduling) meetings, answering emails & phone calls, handling crises, gathering signatures, arranging (& rearranging) travel, arranging a meeting place and catering for 45 people, dealing with computer problems, ordering in lunches for multiple meetings, procuring the supplies needed for the business unit, preparing expense reports, preparing credit card reports, tracking required training course completions for all team members, tracking expenses, estimating expected travel expenses for the next year, making sure that new hires have everything they need, coordinating the meetings for the administrative and executive assistants onsite, responding to questions and re-directing requests as necessary. This is in addition to preparing the usual reports, letters and presentations.

 

Positive things about being an administrative professional in this industry:  I probably know a bit more than the usual assistant in other industries about managing my 401k, solely because I push myself to be a little educated about finances.

 

Negative things about being an administrative professional in this industry:  Maybe some other industries have more fun, but I can’t imagine how!

 

Type of workspace/office:  partial cubicle in front area

 

Primary responsibilities as an administrative professional in this position:  Scheduling travel, arranging meetings, coordinating (different things), helping people connect to solutions, procurement.

 

Top thing(s) incumbent admin would require of job applicants seeking to be her/his position replacement:  Ability to be flexible, handle multiple priorities & handle interruptions.

 

Office machines or equipment operated regularly:  Computer, phone, fax & copier.

 

Technology (hard) skills used regularly:  All Microsoft Office Suite products (Outlook, Word, Excel, Access, PowerPoint, Visio & Adobe Acrobat).

 

Critical soft skills:  Generally knowing who performs what function within the department (so I know who to go to for information), knowing where in a multi-national organization to find someone who can solve a particular problem (obvious), knowing the other admins in other locations, even though you’ve never met them (so you have a rapport with them when you have to ask them to cancel or move another appointment on their boss’s calendar), so they can meet with your boss, flexibility and the ability to get along with others (so you can all get what you want), and networking (again, so you know who to go to, to find a solution). It is also critical to understand who your customers are, even if they are internal customers (so you don’t mind when they interrupt you).

 

Pace of this position:  busy & slow times.

 

Geographical region:  Southwest, U.S.


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