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Corporate Administrator

Jersey

Our expertise and experience is driven by recruiting and retaining the brightest and best, and creating a culture that allows people to thrive.

Our independence encourages an open culture where every voice is valued. We care about creating an environment that hears, supports and shares openly with all our people.

Teamwork and collaboration are at the heart of our approach, and we nurture an environment of openness and respect where everyone feels valued.

Be heard. Be part of the Praxis Group.

Our Private Client and Corporate Services team works with our clients and their advisers, providing an efficient, informed and personal service. We provide a fast-paced, rewarding environment and opportunities to work with a variety of global clients across all major asset classes.

Role overview

To undertake the day-to-day administration of a portfolio of corporate structures (including companies, partnerships and trust structures) structured as joint ventures, club investor deals and other corporate vehicles, ensuring that an efficient and high-quality service is delivered to our clients at all times.

From time to time to undertake specific additional tasks as advised. Work with the rest of the Corporate Services team to improve profitability and limit both Praxis' and client’s exposure to risk.


Job accountabilities

Client relationship management

  • Day-to-day administration of a portfolio of client cases to include book-keeping entries
  • Have a broad understanding of the principles and practices of companies, partnerships and other related structures
  • Ensure mutual understanding of client and Praxis’ expectations and commitments at outset and throughout the relationship
  • Develop long term, profitable business relationships with clients maintaining regular contact and ensuring client confidentiality is respected
  • Liaison with banks, third party lenders, law firms, asset managers and other third parties regarding client affairs, as necessary
  • Have a broad understanding of tax issues and jurisdictions as they relate to client circumstances
  • Anticipate technical problems when dealing with client issues, think laterally and creatively to find solutions and, where necessary, seek expert advice
  • Where appropriate, identify and communicate improvements that enhance service to clients and/or profitability to Praxis
  • Develop a rapport with professional intermediaries and service providers in relation to the conduct of client business

Business development

  • Develop the existing client base by understanding client needs through effective listening and questioning
  • Assist in developing new business opportunities by developing good working relations with professional intermediaries
  • Keep up to date with changes in the market that have the potential to impact on offshore structures
  • Keep abreast of product and service developments that may enhance and add value to existing and potential client relationships
  • Have a general awareness of financial and economic developments globally

Risk management

  • 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
  • Report complaints, operational risks, suspicions etc, in accordance with local procedures
  • Ensure that risk issues are reported to the Directors and Compliance as appropriate
  • Understand, apply and adhere to Praxis’ risk management policies and procedures and, where appropriate, be proactive in identifying and proposing improvements
  • Assess and manage risk situations to avert potential risk issues for both clients and Praxis and to ensure that the assets of both are protected
  • Ensure that client complaints are dealt with in a timely manner and at the right level

Corporate governance

  • Actively champion Praxis’ values by promoting a culture of professionalism, teamwork and leadership
  • Have an understanding of Praxis’ vision and the direction in which the Group is heading
  • Understand how the role of each individual contributes to Praxis’ vision
  • Understand and acknowledge the need for change

Financial management

  • 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)
  • Balance the client’s needs with the Group’s commercial expectations both in developing strategies for clients and in the day-to-day management of their affairs
  • Work to achieve the Group’s financial benchmarks
  • Regularly review work in progress, deficits, aged debtors and bad debt write offs on client portfolio

People management

  • Contribute effectively during meetings
  • Explain technical issues in a way non-technical people can understand
  • Build morale and team spirit within Praxis
  • Inspire others through own actions and behaviours

Personal development

  • Attend seminars and workshops, read industry publications and advisory briefs and follow developments in wealth management to enhance professional and technical knowledge
  • Shape own development by identifying areas to improve own knowledge and skills and actively seek assistance
  • Develop techniques for coping with time/deadline pressures
  • Maintain evidence of continuing professional development

Skills and knowledge

  • Key areas are as follows (note that the Administrator is expected to demonstrate these skills or, in the minority, show potential to acquire them)
  • Good knowledge of offshore fiduciary services
  • A proven track record in handling offshore fiduciary issues
  • A proven track record in client relationship management
  • Good interpersonal skills for dealing with intermediaries and clients
  • Excellent time management and organisation
  • Sound judgement
  • Good understanding of financial markets and finances in general
  • Excellent communication skills.
  • Knowledge of compliance issues and the regulatory framework within which Praxis operates

The holder of this position should have a minimum of three years’ experience in fiduciary services and qualify as a C category person under the JFSC guidelines.

Our values

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Commitment to diversity

We want you to bring your full self to work and maximise your potential. Praxis is a place where everyone
can thrive, whatever their gender, ethnicity, disability, sexual orientation, and socio-economic background.

Applying with a disability

We are committed to ensuring a great experience for colleagues with a disability. Once you get to the
selection stage, please let us know about any adjustments that you may require.

Apply

Thank you for your application. We receive a high volume of enquiries and aim to view and assess all
applications as soon as we can. We will do our best to respond to you.

Apply for the role at Praxis

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This form collects your name, email address and telephone number so that we can communicate with you. Please review our Candidate Fair Processing Notices to see how we protect and manage your submitted data. We do not need to collect any special category personal data at this point of the application, and it should not be included in your CV. Special category data concerns racial, ethnic origin, political opinions, gender, religious or philosophical beliefs, health, genetic and biometric data, or trade union memberships.

If this role isn’t for you but you’d like to find out more and register your interest in a career with Praxis please complete our speculative enquiry

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Apply for the role at Praxis

Clear files

This form collects your name, email address and telephone number so that we can communicate with you. Please review our Candidate Fair Processing Notices to see how we protect and manage your submitted data. We do not need to collect any special category personal data at this point of the application, and it should not be included in your CV. Special category data concerns racial, ethnic origin, political opinions, gender, religious or philosophical beliefs, health, genetic and biometric data, or trade union memberships.