To undertake the day-to-day administration of a portfolio of Client Company and trust structures.
From time to time to undertake specific additional tasks as advised. Work with the rest of the Fiduciary management team to improve profitability, limit both Praxis' and client’s exposure to risk and provide a quality service to clients.
Day-to-day administration of a portfolio of fairly complex client cases, including book-keeping entries and the preparation of some financial reports and statements
Have a broad understanding of the principles and practices of offshore trusts, companies and related structures
Ensure mutual understanding of client and Praxis' expectations and commitments at outset and throughout the relationship
Develop long term, profitable business relationships with clients maintaining regular contact and ensuring client confidentiality is respected
Liaison with investment advisors, asset managers and other third parties regarding client affairs as necessary
Understand the principles of managing financial assets and how the performance of stock and currency markets impacts on client portfolios
Critically review a set of company or trusts accounts or other financial reports
Have a broad understanding of tax issues and jurisdictions as they relate to client circumstances
Anticipate technical problems when dealing with client issues, think laterally and creatively to find solutions and, where necessary, seek expert advice
Where appropriate, identify and communicate improvements that enhance service to clients and/or profitability to Praxis
Develop a rapport with professional intermediaries and service providers in relation to the conduct of client business
Understand and apply local legislation relating to drug trafficking, money laundering, terrorist financing and in any other legislation that impacts on the conduct of fiduciary business within the jurisdiction
Report complaints, operational risks, suspicions etc in accordance with local procedures
Ensure that risk issues are reported to the Directors and Compliance as appropriate
Understand, apply and adhere to Praxis' risk management policies and procedures and, where appropriate, be proactive in identifying and proposing improvements
Assess and manage risk situations to avert potential risk issues for both clients and Praxis and to ensure that the assets of both are protected
Ensure that client complaints are dealt with in a timely manner and at the right level
