New Business Manager at Praxis Group

St Helier, England, Jersey -

Full Time

Start Date

Immediate

Expiry Date

13 Apr, 26

Salary

0.0

Posted On

13 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strong Written Communication, Strong Verbal Communication, Problem-Solving Skills, Team Player, Deadline Management, Managerial Skills

Industry

Professional Services

Description

Praxis is an independent, leading provider of bespoke private wealth, corporate administration and yacht services to companies, individuals and families across the world. 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 wealth and corporate services teams work with our clients and their advisers, delivering an efficient, informed and personal service. We operate a fast-paced and rewarding environment with opportunities to service a variety of international clients across all asset classes. Job Summary: To assist with the day-to-day running of new business within the trust administration department, before handover to the client administration teams. Dealing with a wide variety of tasks which will be of a complex nature, obtaining the various documentation required to establish/take on an entity or structure and the establishment of the entity or structure including all constitutional documentation. Act as an B signatory to client bank accounts and B signatory in respect of documentation required as part of establishment or taken on. Help develop and mentor more junior members of the trust department, in relation to new business processes. This job role is open to Manager or Assistant Manager levels. Job Accountabilities: The day to day running of new business clients. Tasks will involve: Undertaking client discovery and application process. Ensuring that statutory records are kept up to date and are accurately maintained at all times. Reviewing and approving identification and obtaining all due diligence required for new business. Preparation of all necessary internal documentation (DTE, preparation of minutes/resolutions etc.), liaising with the new business committee to obtain sign off for client acceptance. Attend and present to the New Business Committee (Client Risk Committee) when necessary. Entity or structure establishment/take on process, including incorporation, appointment of officers, registry updates etc. Completion of the current stage 4 process, to undertake structure/client handover to the identified team who will provide ongoing admin services. Review and sign off stage 4 checklists where applicable. Responsibility to oversee the completion of the new business reporting, to present to RPs on a monthly basis. Liaison with RPs throughout New Business process and to attend meetings with clients and intermediaries, when required. Liaison with the clients and intermediaries both by telephone and in writing throughout the take on/establishment process (until our appointment and finalising any matters regarding the take on of the assets of the structure. Assist more junior staff with queries/problems, within the Trust Department. Assisting the Associate Director as necessary. Monitor work given to other departments who are assisting with the New Business process. Supervision of more junior members of the team (if applicable). To attend BD meetings, when required. Minimum Education and Experience Educated to ‘A’ Level standard, or equivalent. A minimum of 5 years’ relevant experience Achieved or be studying towards a relevant professional qualification i.e., STEP Certificate/Diploma Required Skills Strong written and verbal communication skills Good problem-solving skills. A strong team player Ability to work to deadlines with minimum supervision. Strong manager skills To apply We encourage you to apply well in advance of the deadline and if you are successful, we will meet with you as soon as possible. Our Commitment to Diversity We want you to bring your full self to work and maximise your potential. Praxis Group is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation, and socio-economic background.

Responsibilities

The New Business Manager will assist with the day-to-day running of new business within the trust administration department, handling complex tasks related to entity establishment. Responsibilities include client discovery, due diligence, and liaising with clients and intermediaries throughout the process.