Assistant Manager, Private Wealth

Company Description

IQ-EQ is part of a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.

Job Description

• Actively contribute to initiatives to improve processes to drive operational excellence.

• Administer a complex and varied portfolio of clients requiring a more senior level of technical ability and provide support to the Manager/Senior Manager and more junior staff within the team.

• Support the Manager in identifying business opportunities and support with follow up actions as required

• Support the Manager in fostering both a client service mentality and strong business development culture at all levels within the team by representing personally the cultural values of the business and adapting to change impacts in a productive manner, thereby fostering a positive attitude within the team.

• Support the Manager in managing a Client Administration Team who have overall responsibility for the administration of a Client Portfolio.

• Assist with the take on of new business for the team, ensuring that new business is processed smoothly and efficiently

• Support where appropriate any CSD’s / Fiduciaries with fee reviews as appropriate in light of current service delivery and requirements to ensure recovery of work in progress (WIP) and achieving fee collection targets as set out in our Business Plan.

• Proactively contribute to supporting the team in meeting their commercial objectives and targets through the effective capital management of the P&L for the Client Portfolio to include revenue targets, billable utilization rates for staff, pro-active management of debtor days and cash collections.

• Provide Manager with support with regard to the regular and on-going reviews of any uncommercial fee arrangements within your Client Portfolio. Escalate these concerns to the relevant CSD in question together with an action plan to remediate to improve the profitability for any such client situations.

• Assist with the development of the risk management processes which are embedded in the culture, operations and systems used by all staff, driving and exemplifying adherence to agreed policies, procedures and applicable regulation.

• Provide support to the Manager and participate in the delivery of training/mentoring more junior members of staff so that they are fully conversant with the Company’s policies and procedures.

• In the absence of the Manager and as required be available to participate/attend statutory, management and any other meetings of the business.

• Actively support the delivery of the business KPI’s for your Client Portfolio are effectively managed, controlled achieved in accordance with our ongoing business. requirements • Develop interview skills, recruiting talented individuals.

• Act as an effective member of the fiduciary team and assist the Manager with meeting business, financial and operational initiatives and projects.

• Provide support and assist with the administration of client entities administered by the team.

Qualifications

• ICSA or STEP Diploma qualified or other relevant professional qualification.

• Good understanding of the relevant laws relating to ‘Trust Company Business’

• Good understanding of the duties and responsibilities of a Fiduciary business.

• Good understanding of industry best practice in relation to Trust and Company administration.

• Minimum of 5 years relevant industry experience.

• Attention to detail and accuracy.

• Good numeracy and analytical skills.

• Ability to understand Trust and company legal documents.

• Good IT knowledge and proficiency with relevant IT applications.

• Works collaboratively with peers and colleagues.

• High level of self-awareness and demonstrates to others the importance of self-development.

• Contributes to the management of the workflow of their team in a commercial, knowledgeable and client focused way.

• Resilient and able to work under pressure and within tight deadlines.

• Risk aware and demonstrates high levels of integrity, equality and diversity in their approach to work.

• Ability to demonstrate effective communication and relationship skills.

• Able to motivate and support colleagues through periods of change.

• Sound understanding of the duties and responsibilities of a fiduciary.

• Sound understanding of industry best practice in relation to Trust and Company administration.

• Knowledge of other related jurisdictions laws in relation to ‘Trust Company Business.

• A competent understanding of taxation and how this affects trust and corporate structures.

Additional Information

At IQ EQ Group we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.