An exclusive opportunity has arisen within a Single Family Office based in Cyprus. The team are seeking a new member to join them in Limassol to provide administrative and compliance support for the trust and for the companies.

“This is an excellent opportunity for anyone who has experience in working in different jurisdictions, ideally within Trust and Corporate Services.”

The role will entail managing the small team of outsourced and payroll employees, overlooking smooth running of the processes related to operations of the trust and companies. The duties will include managing of the team and processes as well as reviewing, approval, drafting of documents, communications with various service providers, banking institutions and other counterparties.

The operations that are being run by the team include (but not limited to):

  • Management of issues related to companies` shareholdings in subsidiary operational business companies:
    • participation in general meetings of shareholders and review of minutes and other documentation thereof,
    • arranging board of directors` meetings and preparing minutes thereof,
    • arranging corporate approvals for companies` transactions,
    • review of agreements and documentation where companies act as guarantors to banking institutions for credit obligations of subsidiary operational business companies
  • Management of investment portfolios:
    • managing issues related the running, coordination and administration of investment portfolios kept in discretionary, advisory or execution only accounts of the companies or trust;
    • liaising with investment banks located in multiple jurisdictions regarding any queries related to companies/trust accounts and its daily management/account openings and KYC requests
  • Management of real estate properties:
    • occasional projects related to sale and purchase of properties
    • issues related to maintenance and rent of properties – liaising with tenants, property management companies, authorities
  • General operations management:
    • Support of Family Office projects: restructurings, tax planning, etc.
    • Funding and finance: forming of budget, conducting expenses analysis and planning, arranging funding of operational and investment activities of the companies and the trust. Support workflow related to payment of dividends, contributions to capital, loans, capital reductions, etc.
    • Accounting and audit, payroll issues, tax and VAT issues, payment of invoices
    • Support compliance and reporting obligations: CRS, CbCR, FATCA, UBO registers, filings to Company`s and Trust`s registers, etc.
    • Engagements with service providers, KYC coordination issues

Legal/paralegal background/experience, as well as fluency in Russian language are considered as a plus, but not a must. Strong managing skills and ability to run processes independently are essential for this role.

To find out more, please send your latest CV to Chris Costi on ChrisC@AgreusGroup.com.

REF: AGR2836