NOCN EPA Financial Services Administrator
This NOCN EPA will assess the competency of an Financial Services Administrator apprentice against the Skills, Knowledge and Behaviors specified in the Standard.
- Reference: Financial Services Administrator
- Level: 3
Duration: 12-18 Months • Funding Band: 10 • Maximum Funding: £12,000
The Financial Advice market consists of about 19,000 SME businesses split approximately 75% financial advice, 25% mortgage advice. These SME businesses are supported by ‘umbrella’ network organisations which provide a range of support services, including in technology, compliance, technical and consultancy. Due to recent changes, more administrative support is required by firms in order to provide an efficient, high quality and compliant service to their clients. The Financial Administrator standard responds to this demand whilst also providing an ideal entry point for a career in the sector, with progression routes leading to a number of roles with full professional qualifications.
Individual employers set selection criteria for their Apprentices. Most candidates will have Level 2 English and maths, ideally as part of five GCSE A-C grades. Other relevant or prior experience may also be considered as an alternative. Employers who recruit candidates without English or maths at Grade C or above must ensure that the candidate achieves this standard prior to the completion of the Apprenticeship.
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