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Administrator, Family Office
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Administrator, Family Office
Job summary
A leading recruitment agency is seeking an experienced Administrator to join a Family Office team in the Isle of Man. The role involves administering trusts and companies, ensuring compliance with regulations, and providing excellent client service. Candidates should have a minimum of 2 years' experience in administration within a Family Office context and be willing to pursue further qualifications. Opportunities for professional development and a supportive work environment are provided.
Benefits
Qualifications
- Minimum of 2 years’ experience in trust administration.
- Strong understanding of Family Office and HNW/UHNW market.
- Good knowledge of relevant regulatory requirements.
Responsibilities
- Administer trusts and company formations.
- Liaise with clients and advisors.
- Prepare transaction-related documents.
- Maintain company and trust records.
- Identify and mitigate risks.
Skills
Education
Our client is seeking an experienced Administrator to join their Family Office team in the Isle of Man. This full-time role will involve managing all aspects of multi-jurisdictional trusts and companies, ensuring excellent client service. The position offers opportunities for personal development, with training provided as necessary, and will be part of a dynamic and collaborative team.
- Administer the formation of trusts and incorporation of companies.
- Liaise with clients, professional advisors, and third parties.
- Prepare documents related to transactions, including minutes and resolutions.
- Open and maintain bank accounts, handle payment instructions, and review and file bank statements.
- Maintain company and trust records, ensuring compliance with procedures and AML regulations.
- Arrange investment reviews for trusts and companies, interpreting outcomes and ensuring implementation of actions.
- Demonstrate technical knowledge in transactions, showcasing commercial acumen.
- Perform all aspects of company and trust administration.
- Identify and contribute to mitigating risks, ensuring compliance with legal and regulatory requirements.
- Contribute to achieving the team’s Key Performance Indicators (KPIs).
- Participate in ad hoc projects as required.
- Minimum of 2 years’ recent experience in the administration of trusts and international companies.
- Educated to at least GCSE level or equivalent.
- Currently studying or willing to study towards STEP or ICSA qualification.
- Experience working in a similar role, supporting businesses with competing objectives.
- Strong understanding of the Family Office and HNW/UHNW market.
- Good knowledge of regulatory requirements associated with the role.
This is an excellent opportunity to join a well-established team within a leading family office, offering exposure to complex multi-jurisdictional client structures. You will benefit from a supportive work environment with opportunities for professional development and career progression. The role allows for a variety of tasks, ensuring every day is dynamic and engaging, while making a tangible impact on client satisfaction and the business’s success.
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* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.