New Business

Job description

Role summary:

Responsibility with assisting the new business team in all areas of fund take on for a variety of funds including regulated and non-regulated entities. Time could be split between the different fund jurisdictions but mainly dealing with Guernsey domiciled entities.

Key responsibilities:

  • Client liaison including attending new business meetings and calls for any new enquiries;
  • Dealing with fund transactions;
  • New business work will involve: 

Preparing documentation to be sent to the appropriate committees as appropriate for acceptance or rejection of new businesses;

Preparing fee quotations or engagement letters;

Co-ordinating the responses to any requests for proposals;

Managing the take-on of any new business;

Assisting with the incorporation of companies;

Setting up or reviewing promoter files and preparation and collation of AML/CDD on the promoting party and directors;

Hands on with client during launch process and understanding of requirements, law and regulations;

Review of all launch documentation;

Heling preparing draft administration agreements and subscription forms etc;

Helping to set up new bank accounts, arranging insurance, submitting Guernsey Income Tax, registering directors with the Registry and other duties relating to new Guernsey incorporations;

Assisting with stock exchange listing including (where applicable) LSE, AIM and TISE;

Dealing with the GFSC and preparing applications;

Liaising with 3rd parties involved in the set up and launch process including lawyers, brokers, nomads, custodian, etc;

Close liaison with operational directors and team members across all relevant offices and jurisdictions for transfer/or handover of new business;

Preparing new business checklists and assisting with policy and procedures;

Preparation of papers and agendas and attendance of board meetings during the fund launch process.

  • Preparing payment of expenses or reimbursements, including paying on-going expenses of the funds and management companies if required;
  • Assisting with the preparation of quarterly reports to the board of the Administrator;
  • Setting up any new policies and procedures including tasks in other jurisdictions; and
  • Other ad hoc duties which may arise.


Skills / experience:

  • Demonstrated ability of working effectively in a team;
  • Excellent critical analysis and problem-solving skills;
  • Strong written and verbal communication skills in a professional environment;
  • Ability to work to key deadlines independently;
  • A working knowledge and understanding of Guernsey fund regulations and related licensed entities;
  • An awareness of stock exchange requirements for TISE and LSE;
  • Understanding of corporate governance principles and be able to adopt a professional yet commercial approach to the application of corporate governance within entities under administration;
  • Ability to build and maintain strong client relationships;
  • 3-4 years working in funds would be preferable but not essential if wishing to consider a trainee role. Consideration will be given to relevant experience.
  • Relevant professional qualification at university Graduate level or studying towards a relevant professional qualification, will be viewed favourably.

For avoidance of doubt this is not a marketing role.

We are seeking a candidate looking for a full time role during standard business hours.