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SCOTT RUDD

Standard Life Wealth

Business Development Trainee

Graduate

Why do you enjoy your job?

A career in discretionary fund management has always been at the top of my agenda after spending time during my summer holidays at Investec W & I on an undergraduate training scheme, which fired my interest in a career in this field.

In my position within the Business Development team at Standard Life Wealth* I have found it very fulfilling learning about all aspects of the job. I have worked with a variety of departments, but my main interests have been in the investment side of the business. Attending investment meetings with the client portfolio managers (CPMs) and undertaking buy-side research on behalf of my superiors has provided me with a good insight into the workings of the industry. Also attending meetings with private clients, trusts and independent financial advisers (IFAs), has allowed me to understand the rules of engagement with both retail and professional clients. The role has shown me how to build on my knowledge of the industry, looking into investments, developing my communication skills, working as a team member, forming relationships and being able to analyse information when required.

What is the most challenging thing about your job?

The main challenge I have faced is being able to understand the investment and market terminology that is used on a day to day basis. Therefore developing my investment and industry knowledge has been a key objective for me over the past six months, reading the FT and self-sponsoring for the Investment Management Certificate (IMC). This has enabled me to further my understanding of the investment theory and language which is used on a day to day basis.

How did you get into your job?

I looked for opportunities in the industry and found the Investment20/20 scheme. Standard Life Wealth offered me a role in the Business Development team which I was delighted to accept. I have a 2.1 Hons degree in Business Studies from the University of Liverpool and have had previous work experience at Future Media, KPMG, Investec W&I and BAE Systems.

What are your future aspirations?

In 5 years’ time, I hope to have finished the Investment Management Certificate (IMC) and be in the process of completing either the CFA programme or the CISI Chartered Wealth Manager Qualification whilst also progressing at Standard Life Wealth.

How would you sum up your Investment20/20 experience?

Standard Life Wealth has given me the opportunities to develop within the job. I have been encouraged to look at how the job is executed and have been given numerous opportunities to learn about the business and their propositions, which has enabled me to mature and develop my skills working as a team member.

The inclusive culture and friendly colleagues have made my time at Standard Life Wealth most enjoyable. The support from my line manager and the trainee programme leaders have proved invaluable. Overall the guidance and help with my career has been unequivocally helpful.


*Standard Life Wealth is now Aberdeen Standard Investments.

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