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Scotland’s oldest and only independent Building Society
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Building Societies v Banks Below is a brief overview of how building societies differ from banks: Building Societies Mutual organisations with members: This means that people who have saving accounts, or a mortgage, are members and have certain rights to vote and receive information, as well as to attend and speak at meetings. Each member has one vote, regardless of how much money they have invested or borrowed or how many accounts they have. Each building society has a Board of Directors who run the society and are responsible for setting its strategy. Profits made by building societies are given to members by way of benefits e.g. improved interest on savings. Risk Adverse : Do not trade on the stock market Banks Listed companies with shareholders and customers: This means that people who have saving accounts or a mortgage are customers, they have no voting rights or rights to receive information, attend or speak at meetings. Banks are normally companies listed on the stock market and are therefore owned by, and run for, their shareholders. A shareholder does not have to have and account or mortgage with the bank. Profits made by banks are given to shareholders by way of dividends. Speculative: May trade in stocks, shares and currencies
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Our History Established in 1848 we are the oldest building society in the world; Following a recent merger with the Century Building Society in 2013, we are now the only independent Society in Scotland.
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Our Mission, Vision & Values
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Our Structure Central Head Office based in Edinburgh 6 Branches in key locations across Scotland:- Edinburgh, Galasheilds, Glasgow, Troon, Aberdeen, Inverness; and 60+ Agencies across Scotland The map shows the location of our Branches and Agents across Scotland. Key: Red = Branch Blue = Agent
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What We Do We operate a simple, traditional, robust business model: Investment: via saving accounts, bonds, ISA’s; Lending : via mortgages; often niche mortgages such as self build, professional. We provide an exceptional and individual service to our 30,000+ members, and this is what differentiates us from our competitors. We do not compete on price but on service, bespoke products and the ability undertake complex cases.
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The Role The role for which we are recruiting is Trainee Branch Assistant. This a full time permanent role within the Society. The salary for this role is £15,050. It is expected that you will complete your traineeship within 12 -24 months, upon which you will become a Branch Assistant and receive an increase in pay (circa £16-18,000 pending performance). This is an interesting and varied role, and the main duties are listed below: Mortgages Dealing with mortgage brokers and agents via telephone Processing new mortgage applications Administrating existing mortgage accounts Investments Dealing with customers face to face and via telephone Processing the opening and closure of investment accounts Administering existing investment accounts Counter Cashiering duties Processing customer requests Customer Service Dealing with customers/members on a day to day basis via counter, telephone and portal transactions Dealing with key branch agents and other business contacts Dealing with other Society Branches and Departments Other Office duties Participation in project work Participation in process evaluation and improvement
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Why Work for Us? Starting salary of £15,050, with performance related increases Up to 10% Performance Related Bonus 12% Non Contributory Pension BUPA Private Health Care Staff Discount Scheme 32 days holiday (including public holidays) Excellent Work Life Balance Friendly and Supportive Working Environment
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Why Work for Us? Career Progression : experience as a Branch Assistant provides you with an excellent foundation to pursue a number of career paths both within the finance sector and outwith. Within the finance sector you could go onto to become an: Advisor, Underwriter, Branch Manager, Area Manager, Business Development Manager, the list goes on … Extensive Training & Development and Sponsorship to attain Professional Qualifications : we believe in multi skilling and cross skilling and you will gain a broad and valuable skill set whilst with us. Further, we will support you in the achievement of professional qualifications to further your career. Marketability : the breath of experience gained within the Society will set you ahead of your competitors in the job market
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If you would like to find out more about the role or would like to apply, please forward your query or CV and covering letter to: Emily Dixon, Head of HR - e.dixon@scotbs.co.uk The closing date for applications is: Friday 29 July 2016 For further information on the Society please visit our website: www.scottishbs.co.uke.dixon@scotbs.co.ukwww.scottishbs.co.uk
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