Pensions Manager - Guernsey

Job Summary

To assist the Directors in delivering high quality pension administration services to existing and potential clients. Duties include managing and overseeing the day-to-day operations of all aspects of pension administration carried out by the team. The individual will have responsibility for oversight of the administration of a portfolio of pension schemes.

Job Accountabilities

Management of operations of the company including supervision and oversight of the team and outsourced services in relation to the establishment and transfer of personal, occupational and multi-member pension schemes:

• New business procedures for client take-on including system set up
• Calculation and payment of member benefits, tax and preparation of annual member statements
• Book-keeping, invoicing and payment of members’ fees and third-party expenses
• Ensure team are billing in accordance with fee schedule and work with Finance Team to ensure invoiced
• Review and approval of annual accounts for individual and scheme financials
• Appointment of third parties e.g. asset managers, auditors, custodians
• Maintenance of system and records including the preparation of minutes
• Preparation of reports and information required by the company, trustees, auditors and external
• Collation of information for statutory returns in relation to the Company and the Company’s schemes
• General assistance with other administrative duties as and when requested
• Keeping up to date with regulatory and legislative requirements and ensuring our policies and procedures align with these changes
• Ensuring all administrative tasks are properly executed with due regard to risk and all reporting requirements are met

Minimum Education and Experience

• Educated to ‘A’ Level standard, or equivalent
• A minimum of 6 years’ relevant experience
• Attainment of a relevant professional qualification

Required Skills

• Ability to build and maintain strong client relationships in accordance with Praxis Group standards
• Demonstrated ability of managing a team
• Strong and effective negotiation skills
• Excellent critical analysis and problem-solving skills
• Ability to work to deadlines independently
• Effective business writing skills
• Excellent knowledge of Pension Schemes

Manager, Trust team

• Job title:       Manager
• Department:      Trust team
• Reporting to:      Director
• Job type:      Full-time, permanent

Overview

We are looking for an experienced pensions professional to join our Trust team. The role involves overseeing the administration of bespoke international and local corporate and personal pension schemes, assisting with the management of a team of administrators and building strong relationships with a sophisticated client base

Key responsibilities

The duties relate to the management of a small team of pension administrators and the administration of various pension schemes and share schemes. The duties will include but may not be limited to:

• Managing and overseeing the day-to-day administration of a portfolio of pension schemes
• Reviewing and approving investment and banking transactions
• Ensuring compliance with relevant regulations and internal procedures
• Providing a quality and timely service to a sophisticated client base
• Liaising with members and their professional advisers
• Providing guidance and support to a team of administrators
• Assisting with team and group projects as required

Qualifications and experience required

• Working knowledge of the legislative requirements of a Guernsey financial services fiduciary business
• Experience in at least one of the areas of trust, pension or company secretarial administration
• Proficiency in Word, Excel and Email
• Experience in managing a team and supporting team development
• Desirable but not essential:
  • Experience of investments across a range of asset classes
  • 5+ years working in a trust , pensions or similar environment
  • Experience of Guernsey-based pension arrangements for both local and international members
  • Experience of attending meetings and taking minutes
  • A relevant professional or degree level qualification
  • Other relevant systems experience

How we support our colleagues

We encourage a diverse workforce and we provide:

• Comprehensive benefits package, including bonus, pension and medical insurance
• Study support for professional development
• Flexible working arrangements
• Paid volunteering days
• Monthly tea and talk
• Weekly yoga
• And much more!

Equal opportunities statement

BWCI is committed to eliminating unfair discrimination and encouraging diversity amongst our workforce. The Partners and Senior Management demonstrate commitment to equality and fairness irrespective of gender, carer status, marital status, race, ethnic origin, colour, nationality, national origin, disability, sexual orientation, religion or age. We oppose all forms of unlawful and unfair discrimination. If you require assistance or reasonable adjustment in order to attend an interview, then just let our HR team know at the time of application.

BWCI has signed the Guernsey Employment Trust’s Disability Charter, has signed up to Liberate’s Rainbow Mark and has joined the Safer Spaces partnership programme.

How to apply

If you are interested in this role then please email your CV along with any other relevant information to Recruitment@bwcigroup.com

Senior Administrator, Executive Compensation Services - Jersey

We want to grow future leaders and our highly experienced department is looking to recruit ambitious and forward-thinking individuals who have strong transferable skills and want a career that is challenging and offers an opportunity to specialise in a niche and growing area.

As a Senior Administrator you will be the day-to-day contact for a substantial portfolio of clients, including a couple of key clients and will have the opportunity to build relationships with these clients supported by an experienced Client Director of Manager. 

There is variety in this role and, in addition to the day-to-day servicing of our clients and their structures, you have the opportunity to expand your knowledge and specialise in an area you have a particular interest in, for example, you could become a technical specialist, work towards becoming a people focused assistant manager, get exposure to business development, or support our new business by becoming an onboarding specialist. 

Some of the things you will be doing:

• Collaborate with your manager to administer a diverse portfolio of incentive structures, working to tight deadlines when needed, and taking on additional tasks to support the team when required 
• To work independently and use your own initiative, and pro-actively and effectively manage, diarize and prioritize your daily workloads 
• Take care of and establish good relationships with all suppliers, colleagues, and clients
• Communicate openly and honestly with clients and team members. Ensuring all client requests are dealt with promptly and our client service standards are maintained
• Ensure client records are clearly, accurately, and consistently updated with all correspondence and ensure client records are updated promptly to reflect transactions undertaken on the structures 
• Comply with relevant regulatory requirements and at all times adhere to our policies and procedures
• In time supervise and assist in the training and mentoring of any Trainee Administrator and Administrator allocated to them, providing regular informal feedback and identifying any additional training needs to the relevant Manager / Associate Director
• Pro-actively take on additional responsibilities and administration tasks as required by your manager

What technical skills, experience, and qualifications do you need:

• To be working towards or considering a professional qualification e.g. ACA/ACCA/ICSA/STEP 
• Some experience in employment related reward structures, such as share plans, nominee arrangements, and corporate savings and pension plans would be preferable however, we will consider individuals with a strong trust or financial services background
• Committed and driven to achieving excellence for themselves, the team, and their clients
• Strong communication skills and the ability to establish good relationships with all stakeholders
• Strong organisational skills and excellent attention to detail
• Ability to work effectively in a team 
• Good academic background 
• Competent with Microsoft Office 365 including Excel, Outlook, and Word
• A desire to learn and ambition to grow in their role with CSC

Assistant Manager, Executive Compensation Services - Jersey

Intro:

We want to grow future leaders and our highly experienced department is looking to recruit ambitious and forward-thinking individuals with a strong background in fund and/or incentive structures.  We are looking for an individual with experience in managing and mentoring others, who wants a career that is challenging and offers an opportunity to specialise in a niche and growing area. 

As an Assistant Manager you will have the opportunity to build relationships with a number of our key clients and support a growing team with developing and mentoring team members. There is variety in this role and, in addition to the day-to-day servicing of our clients and their structures, you have the opportunity to expand your knowledge and specialise in an area you have a particular interest in, for example, you could become a technical specialist, work towards becoming a people focused manager, get exposure to business development, or support our new business becoming an onboarding specialist.

Some of the things you will be doing:

• Collaborate with your team to manage a diverse portfolio of structures, demonstrate understanding of tasks and at all times following internal policies and procedures 
• To work independently and use your own initiative, independently lead on client transactions and liaise with relevant third-party advisors and business partners 
• Be approachable and accessible to your all team members, offering guidance and development when required and assist in any training needs 
• Communicate openly and honestly with clients on a regular basis 
• Review and manage the workload of team administrators on a daily basis reporting upwards to senior management  
• Assist with appraisals and monthly objective meeting and be a mentor to junior staff members 
• Pro-actively take on additional responsibilities and administration tasks as required by your manager and assist team members to enhance knowledge on a variety of clients within the team as and when requested 

What technical skills, experience, and qualifications do you need:

• To have or be working towards a professional qualification e.g. ACA/ACCA/ICSA/STEP 
• Experience in fund administration would be preferable however, we will consider individuals with a strong incentives background 
• Committed and driven to achieving excellence for themselves, the team, and their clients 
• Strong communication skills and the ability to establish good relationships with all stakeholders 
• Ability to work effectively in a team  
• Strong academic background  
• Knowledge of local legislation/Corporate Governance 
• Strong Microsoft Office 365 skills including Excel, Outlook, and Word 
• Proactive in keeping up-to-date awareness of current industry issues
• A desire to learn and ambition to grow their role with CSC, becoming an expert in incentive schemes and sharing that knowledge with your team.