Purpose of the role:
To lead a Private Client Administration team, undertaking a primary client relationship role with a number of complex/significant clients as well as managing and providing technical support and guidance to a team of Administrators.
Responsibilities:
- Ensure mutual understanding of client and the company's expectations and commitments at outset and throughout the relationship, maintaining regular contact and feedback
- Develop long term, profitable business relationships with significant clients and encourage the team to do the same
- Lead and manage the team to include recruitment, performance management and development, reward and remuneration and engagement and motivation
- You will be expected to achieve pre-determined utilisation targets (set as part of the annual budget process and notified to the individual via the appraisal/objective setting process)
- Actively champion their values by promoting a culture of professionalism, teamwork, and leadership
- Understand and apply local legislation relating to drug trafficking, money laundering, terrorist financing and any other legislation that impacts on the conduct of fiduciary business within the jurisdiction
- Develop the existing client base by understanding client needs through effective listening and questioning
- Attend seminars and workshops, read industry publications and advisory briefs, and follow developments in wealth management to enhance professional and technical knowledge
Skills required:
- You should be educated to degree level, ideally in a business-related subject such as law or accountancy and be a member of a relevant professional body
- You should have a minimum of 10 years’ experience in fiduciary services, with at least 3 to 5 years management experience, and qualify as a category B person under JFSC guidelines
- Knowledge of compliance issues and the regulatory framework
- Comprehensive knowledge of and a proven track record in offshore fiduciary services