Working in an offshore jurisdiction brings along with it many unusual jobs and job titles that don’t exist elsewhere. As recruiters we are often asked about the different jobs on offer and the experience and qualifications needed to apply, Corporate administrators are just one of these roles that brings along the most misunderstanding and questions as the title can be misleading.
US$50,000 – $70,000 (mainly non-qualified)
US$70,000 –$100,000 plus (qualified candidates)
Average opportunities with in Cayman : 2 vacancies per month
Many of the companies incorporated within an offshore jurisdiction like Cayman are investment holding or dealing companies holding investments throughout the world.
The majority of offshore companies are registered and managed by specialist company management businesses. Larger organizations and institutions generally have their own company management or corporate administration departments that provide a similar, in- house service.
A corporate management/corporate administration department will provide a wide range of services but the basics tend to be;
A corporate administrator will become involved in some, if not all, of the activities above, depending on their experience and authority level. However, the majority of duties would fall under the compliance, record keeping and administrations sectors.
The most widely recognized professional designation within corporate administration is ICSA – the Institute of Chartered Secretaries and Administrators which studies high standards in corporate governance. Most senior level positions will require an ICSA qualification however many companies support the study of this qualification for junior or mid level corporate administrators.
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