At a Glance
- Tasks: Lead and develop Trust Services, driving growth and operational excellence.
- Company: Join EFG International, a global leader in private banking and asset management.
- Benefits: Enjoy a dynamic work environment with competitive salary and professional development opportunities.
- Other info: Be part of a diverse team that values innovation and collaboration.
- Why this job: Make a real impact in a role that shapes the future of fiduciary services.
- Qualifications: 8 years in finance, strong leadership skills, and relevant professional qualifications required.
The predicted salary is between 80000 - 100000 ÂŁ per year.
EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice.
EFG Wealth Solutions is part of EFG International. EFG Wealth Solutions (Jersey) Limited, together with its Jersey subsidiaries, are regulated by the Jersey Financial Services Commission and provide Trust Company Business and Fund Services Business services to our client base.
EFG is committed to providing an equitable and inclusive working environment that is founded on the principle of mutual respect. Joining our team means experiencing a supportive environment, where your contributions are valued and recognised. We strongly believe that the diversity of our teams gives us a competitive advantage by fostering better decision-making and greater innovation.
Our Purpose and Mission
Empowering entrepreneurial minds to create value - today and for the future. We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.
Purpose of Position
To assume the role of Head of Trust Services, Jersey. This is a designated “senior management function” role as defined within the Financial Services Commission (Jersey) Law 1998. The Head of Trust Services, Jersey is responsible for driving organisation success by setting the strategic direction, having governance oversight, ensuring operational alignment and delivering results that support long term growth and sustainability.
Specifically, you will be directly responsible for leading and developing the Division by setting and implementing strategy for the growth of the business and driving forward the vision, mission, and values of EFG. To exercise accountability to the Board, Global Head of Trust Services, and relevant stakeholders and apply skill and care in exercising your duties, whilst ensuring operation and fiduciary risk exposures are managed to the highest standards and meeting financial performance objectives in line with financial plans.
Principal Responsibilities
- Strategy: Contribute to the overall strategy, structure and prosperity of your Division. Actively participate in developing, implementing, and communicating the Division's agreed business plan/strategy. Lead, direct and manage the Division to ensure that it meets its regulatory, risk, financial and other stated objectives whilst also promoting and supporting the aims of EFG.
- Leadership: Accountable for the administration, operations, and accounting function within the Division, lead, provide support, encourage innovation, and motivate the management team in their day-to-day management of the wider administration, operations, and accounting teams.
- Relationship Management: Work collaboratively as part of the senior management team to support, cascade and embed business decisions, always behaving with the utmost integrity and professionalism. Develop and maintain effective working relationships with all stakeholders.
- Business Development: Drive forward and support business growth by the development of new business strategic plans and work with colleagues to attract opportunities and onboard new business from wider Group, external introductions, and prospective clients.
- Financial: Drive forward change across the Division, which can be directly linked to increased profitability. Develop cost efficiencies through the introduction of new procedures, systems, working practices, improved financial management and other initiatives.
- Operational: Attend, constructively contribute and chair internal committees/meetings as required from time to time and ensuring the timely and accurate reporting of key information where relevant.
- Compliance & Risk: Contribute to and oversee the implementation of effective risk management frameworks. Ensure clients are administered in line with EFG's risk management framework.
Qualifications, skills and experience
Recognised Professional Qualification - e.g. Accountancy, Chartered Secretary, STEP, Banking, Securities, Compliance or other relevant qualification along with relevant experience as defined by the Jersey Financial Services Commission. 8 years' relevant finance industry experience working within an offshore financial services organisation in a similar role, with a strong technical understanding of all areas of client administration and fiduciary services.
Our Values
Accountability: Taking ownership for tasks and challenges, as well as seeking continuous improvement.
Hands-on: Being proactive to rapidly deliver high-quality results.
Passionate: Being committed and striving for excellence.
Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset.
Partnership-oriented: Promoting collaboration and teamwork.
Head of Trust Services employer: Efg Bank
Contact Detail:
Efg Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Trust Services
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching EFG International and its values. Understand their mission and how you can contribute to their goals. Tailor your responses to show how your experience aligns with their needs – it’s all about making that connection!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. Focus on articulating your leadership style and how you’ve driven growth in previous roles – that’s what they want to hear!
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way in showing your enthusiasm for the role. Plus, it keeps you on their radar and reinforces your interest in joining the EFG team.
We think you need these skills to ace Head of Trust Services
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Head of Trust Services role. Highlight your relevant experience in private banking and fiduciary services, and show us how you align with our values and mission.
Showcase Your Leadership Skills: We want to see your leadership style! Share examples of how you've successfully led teams and driven business growth in previous roles. This is your chance to shine a light on your ability to inspire and motivate others.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon. We appreciate a well-structured application that gets straight to the point while still showcasing your personality.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows us you’re keen to join our team!
How to prepare for a job interview at Efg Bank
✨Know Your Stuff
Before the interview, dive deep into EFG International's values, mission, and recent developments. Understand their approach to trust services and how they align with your experience. This will help you demonstrate that you're not just a fit for the role but also for the company culture.
✨Showcase Your Leadership Skills
As the Head of Trust Services, you'll need to lead and inspire teams. Prepare examples from your past where you've successfully managed teams, driven performance, or implemented strategic initiatives. Highlighting these experiences will show that you can foster a high-performance culture.
✨Be Ready for Regulatory Questions
Given the regulatory nature of the role, brush up on relevant laws and compliance standards in the financial services sector. Be prepared to discuss how you've navigated regulatory challenges in previous roles and how you would ensure compliance at EFG.
✨Build Relationships
EFG values strong relationships with clients and stakeholders. Think about how you've built and maintained relationships in your past roles. Be ready to share specific strategies you've used to inspire confidence and trust among clients and colleagues alike.