At a Glance
- Tasks: Oversee yacht services, manage client relationships, and coordinate with third parties.
- Company: Praxis Group, a leader in yacht ownership management.
- Benefits: Competitive salary, travel opportunities, and a dynamic work environment.
- Other info: Based in Guernsey with opportunities for travel and career growth.
- Why this job: Join a passionate team and make waves in the yacht industry.
- Qualifications: Experience in corporate governance and strong organisational skills.
The predicted salary is between 60000 - 80000 £ per year.
Role: Working in support of the Praxis Regulated Directors, responsible for overseeing and coordinating the yacht-specific aspects for all yacht owning SPVs, including liaison with third parties such as captains, family offices and UBOs as required. Act as senior point of contact for clients, overseeing yacht-aspects of the relationship and troubleshooting as required. Carry out a programme of client service and periodic reviews, liaising with the head of yacht ownership where other group services are provided, and coordinating review of the overall Yacht Services as required. Manage and support the Yacht Ownership desk, including line management of the administration team within Yacht Ownership (3 FTEs). Ensure the team follows all policies, processes, and checklists within the Yacht Ownership team, including Relationship Permanent Records and Yacht Transaction History Records. Oversee the team’s KPIs and objectives, ensuring they meet agreed SLAs.
Key Tasks:
- Work alongside the Head of Yacht Ownership to manage onboarding of new clients, ensuring appropriate tax advice is received from UBO advisors and building relationships with these advisors.
- Manage yacht transactions, including sale/purchase.
- Continuously manage VAT & customs status by yacht.
- Maintain the yacht ownership documentation held for each yacht owned.
- Review ad-hoc yacht-related contracts, supporting the team lead and Praxis Regulated Directors.
- Prioritise tasks to ensure key deadlines are met and provide support where required.
- Manage a portfolio of SPVs with private and commercial yachts.
- Adopt and roll out Praxis Group policies on behalf of the Yacht Services division.
Skills and Experience:
- Corporate and fiduciary knowledge and experience from a trust and corporate background.
- Self-motivated, organised and able to delegate workloads.
- Compliance and regulatory knowledge.
- Commercial awareness, understanding fee reviews, service value, and wide business impact.
- Ability to review contractual agreements and edit.
- Knowledge of yachts (desirable, although not essential).
Other Considerations:
- Working in Guernsey as a place of work.
- Willingness to travel to meet clients, family offices, lawyers, and intermediaries (potentially with colleagues).
- Travel to other Praxis offices as required on occasion.
- Travel to clients/events, as required on occasion.
Ownership Manager, Yacht Services employer: Praxis Group
As an Ownership Manager in Yacht Services at Praxis, you will thrive in a dynamic and supportive work environment located in the picturesque Guernsey. Our company fosters a culture of collaboration and professional growth, offering employees opportunities to develop their skills while managing a diverse portfolio of yacht ownerships. With a commitment to excellence and a focus on client relationships, we provide a rewarding career path for those passionate about the maritime industry.
StudySmarter Expert Advice🤫
We think this is how you could land Ownership Manager, Yacht Services
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Praxis Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Ownership Manager, Yacht Services
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Praxis Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Praxis Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Praxis Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Praxis Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Praxis Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Praxis Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
