Fund Administrator - Jersey - Offshore Fund Job

About Jersey

Jersey is the largest of the Channel Islands with a population of approximate population of 95,000 people.

Jersey does not belong to the European Union but it is part of the British Isles. Jersey has its own government, judiciary and fiscal regulations.

It is in the GMT time zone and the official currency is Sterling.

As an offshore jurisdiction the financial service sector accounts for nearly half of the Island's economy with the core jobs being in the accounting, banking, insurance, trust and fund sectors.

All nationals of an EU Member State can work in Jersey’s offshore finance centre without need of a work permit however people need be aware of local regulations that make it difficult for companies to employ professionals who have not been resident on the Island for five or more years.

Core growth areas include:

Fund Management
Captive Insurance
Insurance
Offshore Trust Formation
Private Banking

Jersey is actively involved in assuring its current and future compliance with the global regulatory policy for offshore finance centres.

Job Specification

This interntaional Custody bank is searching for a talented Fund Administrator to join the Fund Administration team in its wealth management practice.

The Fund Administrator is a new role that has been created as part of the Jersey team.

The core responsibility of the Fund Administrator are the administration of the Private Equity and Real Estate Funds.

The main duties will include assisting with the transfer process for clients invested with the bank who wish to transfer their holdings to a 3rd party bank, carry out family transfers or transfer them to a new booking center.

In addition the successful applicant will assist where required, with administration duties for other Real Estate Funds which are administered by the team.

Daily duties the Fund Administrator can expect to be involved in include:

Initial contact for transfer enquiries
Provide regular updates of transfer overview
Ensure KYC procedures and processes are followed
Review procedures and processes to ensure compliance with appropriate policies and regulations
Ensure systems are updated in a timely manner once transfer is completed
Provision of ad-hoc Management & Client information

To comsidered for the Fund Administrator position you should be able to demonstarte at least three years expereince in Fund administration, preferably within the funds sector.

If that work was undertook for an offshore fund and you have knowledge of different offshore fund jurisdictions - all the better.

The Fund Administrator is a well paid offshore fund job - offering a good salary, full benefits package and chance to join one of the fastest expanding fund administration teams in Europe.

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