Trust, Associate Director, Private Clients Permanent NEW

MAIN RESPONSIBILITIES

• Guide, motivate and oversee all staff in the Private Client team to ensure their workloads are undertaken professionally and without risk to the company or clients.
• Ensure performance targets in the Private Client teams are motivating and encourage excellence.
• To manage the day-to-day administration of the Private Client team specifically covering a varied and complex portfolio of trust structures, and to maintain a wide knowledge and understanding of trust and corporate administration generally, to include money laundering, compliance and relevant legislation.
• Acts as a Director on a number of client companies.
• Acquire a thorough understanding of the structures used by clients and the reasons for so doing.
• Negotiate fees for the Group to the mutual satisfaction of The company and clients.
• To ensure workloads within the Private Client team are completed to the highest standards, within the agreed timescales and that the objectives of the team are fulfilled.
• To develop close working relationships with all clients within the Corporate Services and Fund Services teams, and to strengthen key relationships through regular contact.
• To ensure absolute compliance with KYC procedures in order to maintain knowledge of the client business and to ensure operational workloads are being managed effectively to minimise risk to the Group
• Work closely with Business Development Director with the on-boarding of new business within the Group.
• To specifically manage the Private Clients team to include delegating and monitoring of workflow, in addition to supporting with the management of the Group
• To seek views of all team members prior to decision-making; to include the definition of team roles and responsibilities, delegation of workloads and the development and support of each member. This includes training guidance, career development and the maximisation of potential.
• To ensure prompt billing and cash collection are carried out effectively and in a timely manner. To ensure realistic financial targets (including utilisation) for the Group are met; this includes budget- setting and monitoring progress against budget.
• To assist with policy writing for operational areas of the Group.
• Carry out periodic reviews of Group processes and procedures and make recommendations for improvement with a view to managing the implementation of such.
• Liaise with the support functions on a regular basis as needed on operational aspects of the Group.
• Primary point of contact for senior management team advising them on operational matters that fall within the Group and report preparation.
• To collaborate with the Business Development Director, to review marketing opportunities on a continual basis, and to assist with the development of a network of key or prospective clients and intermediaries, identifying and conveying suggestions for improvement and growth of our services.
• To support The company’s strategy, demonstrating the ability to generate innovative and strategic ideas that challenge the status quo.
• To serve as a “B” bank signatory for the company and/or clients
• Any other such duties that would be reasonably required for this role.

KNOWLEDGE, SKILLS AND EXPERIENCE

• An enhanced level of technical knowledge to include more complex areas of trust & corporate products, investments, accounting and tax law, legislation and regulation. This includes Discretionary trust, Reserved Power Trust, Revocable/Irrevocable Trust, Private Trust Company (PTC), Employee Benefit Trust (EBT)/Employee Share Option Trust (ESOP) etc.
• Relevant professional qualification (ACCA, ICSA or STEP preferred) together with a minimum of eight years relevant experience in the trust industry at management level.
• Excellent organisational and client management skills, together with full knowledge of current company and trust legislation, and the local regulatory environment. This includes a high level of awareness of risk factors and compliance procedures.
• Professional manner with the ability to relate to persons at all levels, and to identify client’s needs, responding to these quickly and effectively.
• Excellent people management skills to include high level of integrity, excellent written and oral communication skills, and the ability to multi-task.
• Good organisational and people management skills, together with a thorough understanding of client issues within the Group.
• Self-motivation and proactive skills, coupled with good interpersonal and communication skills essential to maintain and develop strong relationships with existing and potential clients.
• Good interpersonal skills, with flexibility to attend after-hours functions where relevant.
• Thorough knowledge and understanding of The company’s strategy, procedures and policies, compliance and technical issues to enable you to act as role model for peer group and junior staff