ASL International Recruitment Limited 22-24 Seale Street, St Helier, Jersey, JE2 3QG (Registered Office) + 44 (0) 1534 500000 Registered Company GST No 0101275 Registered Jersey No. 95590
Associate Director
This is a great opportunity for a driven and talented individual to make a real difference as part
of a dedicated and professional team. The Associate Director will work on a broad range of
matters providing administration, management and secretarial services for established and new
Real Estate and Private Equity Funds. The Associate Director will work closely with the Head of
Funds and the Directors.
The Associate Director will service the needs of a portfolio of private equity and real estate
clients and will liaise with the CFO and finance team of the funds, third parties (including
auditors) and any other external advisors necessary to ensure all issues are resolved and
deadlines are met.
There will also be a number of responsibilities including co-ordinating the distribution of call
and distribution notices, interpretation of agreements, assessing client profitability, and
overseeing client relationships and other day to day functions. There will also be client
Directorship responsibility.
In addition to these exciting tasks, the candidate will also have the opportunity to be involved in
the take-on and setting-up of clients within the business, giving the individual exposure to a
wide variety of high-quality clients. There will be a number of interesting and varied ad hoc
projects.
This is a position best suited to a commercial yet technically minded person who enjoys the
challenge of providing technical and operational solutions to our clients.
Key Responsibilities
• Being involved in all aspects of Real Estate and Private Equity Fund / SPV administration
and coordination of Company Secretarial duties;
• Being responsible for a client focused team that carry out the day to day administration
of real estate and private equity funds which are typically Limited Partnerships, Unit
Trusts, Fund Company’s and SPVs;
• Billing and cash collection;
• Be an authorised signatory of Langham Hall. Daily cash management tasks across
a number of bank accounts. To be familiar with banking and payment processes,
formatting and to some degree, systems. Activity on various accounts will include
reviewing and authorising payment of expenses, dividends, carry, distributions and
capital calls etc. These tasks will require liaison with the clients as well as banking
institutions as appropriate.
• To liaise with law firms as appropriate in relation to the activities of specific entities and
transactions;
• Review of deliverables to clients and where multi-jurisdictional clients,
actively work with those jurisdictions to ensure work is delivered to client satisfaction;
ASL International Recruitment Limited 22-24 Seale Street, St Helier, Jersey, JE2 3QG (Registered Office) + 44 (0) 1534 500000 Registered Company GST No 0101275 Registered Jersey No. 95590
• Review and submit recommendations for improving the organisation’s operation
including review of profitability and identification of new products or billing
opportunities on existing clients.
People Management
• Support Managers with matters that have been escalated from the team;
• Provide advice and guidance to employees across the business acting as a mentor and
role model;
• Manage performance of direct reports through the Performance Management
process, including Performance Review meetings and objective setting;
• Understand the career aspirations of your reports and encourage their growth by
developing the skills and experience they require;
• Effectively delegate tasks to your team via the Manager giving clear instructions and
support their understanding;
• Manage team resource and maximise effectiveness / output of the team whilst
maintaining high standards.
• Lead the recruitment process where applicable, reviewing CV’s and conducting
interviews with potential candidates.
Overseeing/Organising Take-On and Set-Up of New Clients, including:
• Appointment as Director on client entities;
• Coordinating the initial secretarial and regulatory needs of clients;
• In conjunction with the Head of Funds, to prepare proposals / quotes and supporting
information;
• Creation of new SPVs, Limited Partnerships and Trusts, and play a pivotal role in the
completion and satisfaction of LHFMJ’s KYC / AML policy for all new entities or
investors;
• Responsible for client due diligence, negotiation of terms, identification of scope and
monitoring compliance with company procedures;
• Work effectively with other members of the management team to hand hold Jersey work
sourced by them into the business;
• Look for new ways to increase Langham Hall’s Jersey profile via mailshots or other.
Assisting with the Internal Operations of Langham Hall Jersey:
• Be part of the management team that helps drive the business forward;
• Liaison with the JFSC and other regulatory bodies be they in relation to the permits or
consents issued to the funds or the functionaries or in relation to statutory filings etc.
for fund related vehicles e.g. Jersey incorporated companies;
ASL International Recruitment Limited 22-24 Seale Street, St Helier, Jersey, JE2 3QG (Registered Office) + 44 (0) 1534 500000 Registered Company GST No 0101275 Registered Jersey No. 95590
• Drafting of infrastructure procedures and other internal documents;
• Building the general profile of Langham Hall in Jersey.
As part of your duties all employees must ensure adherence to internal policies and procedures
and meeting all personal AML obligations.
Person Specification
Qualifications
• Educated to at least ‘A’ level standard or equivalent. Preferably completion of ICSA
Diploma or similar, or willing to study for a relevant professional qualification.
Skills and Experience
• Ability to write reports, business correspondence, procedure manuals and performance
measurement reports at asset and fund level.
• Ability to solve practical problems and deal with a variety of situations for which there
may be little precedence.
• Strong organisational and time management skills are essential.
• Ability to work within a team to mentor, coach and carry out on-the-job training with
more junior staff.
• The candidate must be proficient in Outlook, Microsoft Packages, Internet Software, and
Database Software.
• Demonstrable experience in a senior position within Real Estate or Private Equity /
Trust and Company experience, preferably with some knowledge or exposure to
corporate structures and SPV administration. Company Secretarial knowledge would be
advantageous. We would also expect to see a reasonable understanding of cash
management processes and systems.
• The candidate must above all have excellent communication skills, high attention to
detail and accuracy, with the ability to use initiative and work independently.
Technical Knowledge
• The candidate will need to be familiar with statutory requirements and corporate
governance matters, be proficient in ensuring client board meetings for various
purposes are organised on the agreed basis, as well as on an ad-hoc basis for clients in
the team, such as the acquisition and disposal of investments, admitting new investors
or amendments to material fund documentation;
• The candidate will be expected to participate fully at such meetings and thereafter have
responsibility for ensuring the accurate and timely completion of minutes and
resolutions;
• The directors of the Management companies to the Fund(s) will expect the Associate
Director to understand complex transactions and structures and to be able to effectively
ASL International Recruitment Limited 22-24 Seale Street, St Helier, Jersey, JE2 3QG (Registered Office) + 44 (0) 1534 500000 Registered Company GST No 0101275 Registered Jersey No. 95590
communicate this to these individuals in a clear and meaningful way. This person will
also sit on client Boards in due course;
• A deep understanding of the agreements associated with private equity real estate and
interpretation of terms within including LPA, debt documentation, sale and purchase
agreements, leases etc.