Fund and Trust Administration
What is administration?
A career in administration offers an opportunity to work with complex, cross border, multijurisdictional corporate businesses. At a foundational level an administrator will:
Cover activities that support the administration of a fund, trust and/or associated structures. This could include preparation of payment instructions, investor calls and distributions and maintaining accurate investor records.
Have regular contact with clients through attending meetings.
Preparation of agendas, collation and distribution of board packs, drafting notes from meetings etc.
What jobs in fund or trust administration are there in Jersey?
Administrators can work for firms offer a variety of administration services including funds services, trusts services, corporate services, management/employee incentives services or international pensions to name the few. The roles can include:
- Fund/Trust Administrator
- Corporate/Company Secretarial Associate/Executive
- Client Relationship Manager
- Corporate Administrator
What skills do I need?
Gaining professional accreditations is important in these this role and many employers will support you gaining these professional qualifications. The most globally recognised qualifications include:
- Chartered Governance Professional/ Chartered Secretary (ICSA)
- International Finance and Administration Qualification (IFA, ICSA)
- STEP Certificates/Diploma
- Trust and Estates Practitioner (TEP, STEP)
It’s not just about your qualifications but your interpersonal skills too. We asked finance firms in Jersey what skills they are most looking for when hiring administrators and they responded:
- Organisational/planning skills
- Communication skills
- Good interpersonal skills
- Computer literacy
- Accuracy and attention to detail
- High integrity and trustworthiness
What should I do Next?
If you are ready to kick-start your career in administration, you can find out more about the companies that are currently operating in this field through Jersey Finance’s business directory.