The Company

Our client is a high quality Channel Islands Investment Boutique; they have a consistent record of success. The principle services offered are Portfolio Management and Stockbroking to intermediaries, institutions and high net worth clients.

The Role

The key responsibilities of the role will be the management and development of the Guernsey stockbroking business, you will have full P & L responsibility and report directly to the Board

Experience

Potential candidates will probably have a minimum of 10 years experience in a busy stockbroking environment with a strong technical background - experience of providing a service to private clients would be an advantage. Key aspects of the role will be developing and leading the team and generating new business ideas and sources. The potential candidate must therefore have high levels of inter-personal skills, be a ‘leader’ and able to set an example by being self motivated, hard working, well organised and demonstrate confidence in communicating ideas and information to a wide range of audiences.

Remuneration and Benefits Remuneration will be in line with the successful candidate’s relevant experience. The benefits package includes Life Assurance cover, Private Medical cover for the employee and family, a discretionary bonus based on profit and performance and for this position there will be an entitlement to equity in the company. Help will be given in finding accommodation and with expenses incurred in moving.

Why Guernsey?

With an advantageous tax regime, Guernsey has over the last 30 years become a strong internationally recognised offshore financial services jurisdiction in its own right.

Immigration is controlled through the issuing of Housing Licences, most normally for a fixed term up to 5 years, Licence holders can access the local housing market accommodation (as opposed to the significantly higher Open Market) either by buying or renting.

Taxation is lower than the UK with a top tax rate of 20%. There is no VAT on goods purchased. There is no Council tax but there are two ‘community’ taxes, cost for the two combined are in the order of at least 50% of what council tax would be.

Guernsey has its own health service where Doctors visits are subsidised. There is a high quality well funded hospital where all general health care is provided including many major operations. However, for certain specialist treatment, there is an agreement with the UK for such treatment to be provided at the relevant UK hospital. Private health provision is also available.

Guernsey is very proud of its education service which is of a standard equal to the top authorities in the UK.  Guernsey still retains the 11 Plus system with approximately 25% of 11 years old moving on to the co-educational Grammar School. Alongside the main stream schools there is a thriving part-subsidised private sector, school fees are significantly less than for equivalent private education in the UK.

There are daily links by air and sea to the UK and neighbouring island of Jersey and to France. All modern tele-communications services expected in a hi-tech society are available.

A feature of living in Guernsey is the proximity of all facilities. There are thriving sporting and arts communities with the full range of activities available. Guernsey has an intriguing history with many sites of interest to explore. For eating out the island is blessed by many high quality restaurants. Shopping is also well catered for. The sea, many fine beaches and stunning cliffs are never far away.

Guernsey is a high quality internationally recognised financial services centre. However unlike the normal ‘city life’ there is minimal travelling time from home to work. Whilst the island is reliant on the motor car and the roads are often small and busy, journeys rarely take more than 20 minutes therefore there is the opportunity for a more ‘balanced’ lifestyle.