At a Glance
- Tasks: Manage client trusts, oversee tax planning, and prepare trust accounts.
- Company: Join a friendly team at JMW’s Private Wealth department in Manchester.
- Benefits: Permanent full-time role with opportunities for career development.
- Other info: Dynamic environment with a focus on teamwork and professional growth.
- Why this job: Make a real impact in private client work and develop your expertise.
- Qualifications: Experience in trust administration and taxation; STEP qualification preferred but not essential.
The predicted salary is between 40000 - 50000 € per year.
JMW’s Private Wealth department are seeking a knowledgeable and dedicated Trust Manager to join their busy team in Manchester. The successful candidate will work closely with partners and members of our growing team who deal with a wide range of trust administration work together with tax and probate matters. This role will suit someone who has excellent people skills and who is looking to develop their career within a friendly team.
Key Responsibilities
- Pro-actively managing clients to ensure any tax-planning and/or succession planning issues are acted upon when appropriate.
- Overseeing and contributing towards the timely preparation of trust accounts and tax returns including inheritance tax returns and dealing with HM Revenue and Customs as required.
- Calculating trustees’ liabilities to IHT, CGT and Income Tax and making use of annual exemptions.
- Preparing for and attending trustees’ meetings and taking minutes of those meetings.
- Dealing with payments and distributions from trusts, both capital and discretionary income distributions.
- Preparing and reviewing trustees’ investment policy statements.
- Reviewing and interpreting trust deeds and related documentation with input from the wider team, as appropriate.
- Keeping partners regularly updated with progress on assignments and assisting with billing.
- Ensure all written and verbal communication is of the highest professional standard.
Skills, Knowledge and Expertise
- Considerable experience of taxation and administration of trusts, including completion of trust tax returns.
- Enthusiasm and dedication to pursuing a career in private client work, with a focus on trust and estate administration.
- Willingness to share knowledge and experience with colleagues.
- Familiarity with CCH or a similar tax reporting software (although full training can be given where necessary).
- Diploma qualified STEP or other relevant professional tax qualification is preferred. However, lack of these qualifications should not put you off from applying and practical experience will be considered.
- Excellent organisational skills and the ability to prioritise competing demands effectively.
- A high degree of attention to detail.
- Strong problem-solving skills.
- Sound judgement and a logical approach to problem solving.
- High standard of oral and written communication skills.
- Self-motivated and able to work under pressure.
- The ability to deal with client and professional advisors thereby showing a commitment to providing a quality service.
- Strong internal personal skills in dealing with clients, colleagues and senior management.
- Excellent time management, organisational and multi-tasking skills.
- Able to work on own initiative and to be highly disciplined.
Trust Manager - Private Wealth in Manchester employer: JMW Solicitors
JMW is an exceptional employer that fosters a collaborative and supportive work environment in Manchester, making it an ideal place for a Trust Manager to thrive. With a strong emphasis on professional development, employees are encouraged to enhance their skills and advance their careers while working alongside experienced partners in the Private Wealth department. The company values a high standard of service and offers a friendly team culture, ensuring that every member feels valued and empowered to contribute meaningfully.
StudySmarter Expert Advice🤫
We think this is how you could land Trust Manager - Private Wealth in Manchester
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to professionals. You never know who might have the inside scoop on job openings or can refer you directly.
✨Ace the Interview
When you land that interview, prepare like it’s the final exam! Research the company, understand their values, and think of examples from your experience that showcase your skills. Practice common interview questions and be ready to discuss how you can contribute to their team.
✨Follow Up
After your interview, don’t forget to send a thank-you email! It shows your appreciation and keeps you fresh in their minds. Mention something specific from the interview to make it personal and memorable.
✨Apply Through Our Website
We’ve got some fantastic opportunities waiting for you on our website! Make sure to check it out regularly and apply directly. It’s a great way to show your enthusiasm and get noticed by our hiring team.
We think you need these skills to ace Trust Manager - Private Wealth in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Trust Manager role. Highlight your experience with trust administration and tax matters, as well as any relevant qualifications. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about private client work and how you can contribute to our team. Keep it professional but let your personality come through – we love a bit of character!
Showcase Your Communication Skills:Since this role involves a lot of communication, make sure your written application reflects your high standard of communication skills. Pay attention to grammar and clarity – we appreciate attention to detail!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at StudySmarter!
How to prepare for a job interview at JMW Solicitors
✨Know Your Trusts Inside Out
Make sure you brush up on your knowledge of trust administration, tax planning, and probate matters. Familiarise yourself with common terms and processes, as well as any recent changes in legislation that might affect the role. This will show your potential employer that you're not just interested in the job, but that you’re genuinely passionate about the field.
✨Show Off Your People Skills
As a Trust Manager, you'll be dealing with clients and colleagues regularly. Prepare examples of how you've successfully managed client relationships or resolved conflicts in the past. Highlighting your excellent communication skills and ability to work within a team will make you stand out.
✨Prepare for Technical Questions
Expect questions related to tax calculations, trust accounts, and investment policies. Brush up on your technical knowledge and be ready to discuss how you would handle specific scenarios. Practising these responses can help you feel more confident during the interview.
✨Demonstrate Your Organisational Skills
The role requires excellent time management and organisational abilities. Be prepared to discuss how you prioritise tasks and manage competing demands. You could even share a specific example of a time when you successfully juggled multiple responsibilities to meet deadlines.
