New Business Manager

Praxis Group

About The Position

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.

Requirements

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
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

Responsibilities

The day to day running of new business clients.
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.