MCS Manager

It’s never been a more exciting time to join Vistra.

 
At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as MCS Manager. Reporting to the Country Managing Director, this full-time and permanent position is based in Budapest and offers regional coverage, allowing you to make a significant impact to our Corporate business and it’s growth.

Key responsibilities:

• Lead the corporate services business line with the assistance and under the supervision of the Company’s managers;
• Maintain and develop a quality team to deliver corporate services including all areas of recruitment;
• Goal-setting and evaluation of employees from the corporate services department of the Company; 
• Plan and coordinate all activities of the corporate services department of the Company;
• Ensure the corporate services department delivers service of the highest quality to clients of the Company; 
• Review documentation, correspondence, work flow, project status and monthly timesheets (in the online system TED) of the employees from the corporate services department 
• Taking corrective action, where necessary;
• Involved in creation of new products, if required on local or Vistra group level; 
• Draft legal documents and review such prepared by other employees from the corporate services department in all areas of providing services to clients of the Company:
  
  Commercial law
  Contractual law
  Employment law
  Provision of nominee directors
  Provision of registered address
  Regulations and procedures in the field of anti-money laundering measures
  Regulations and procedures in the field of personal data protection
  Other ad-hoc projects
  
  
• Work with the feeder network of the Company, to ensure referrals and undertake other business development activities of the Company, as may be necessary;
• Report on all operational, organizational, financial or other aspects of the activity of the corporate services department of the Company;
• Present and conduct in a professional manner as a representative of the Company and in doing so, build the reputation of the Company within the team and in the greater business community.
• Cooperation with the other departments in the Company in order to ensure high quality of services for clients;
• Other tasks related to the position assigned by the managers of the Company

Additional Responsiblities:

• Performing the functions of Compliance officer in accordance with local legislation and Vistra group policies and requirements;
• Performing the functions of Data Protection officer in accordance with local legislation and Vistra group policies and requirements.
• Supervision of proper execution of work by the subordinates with regard to:
• Administrative support of shelf companies (establishment, daily maintenance, liquidation);
• Selling readymade shelf companies, including negotiating contracts, preparing relevant administrative procedures etc.;
• Opening, daily maintenance and liquidation of Clients’ bank accounts;
• Meetings with Clients and potential Clients;
• Assist the MD in the BD activity
• Regular meetings with feeders ( law firms, tax advisors)
• Maintaining good relations with Vistra’s Feeders, Clients and Contractors;
• Development of new products
• Taking active role in strategy planning for department 
• Focus on chargeability, no unnecessary discounts
• Monitor work allocation
• Daily team management and issues solving
• Control procedures  and templates
• Quality assurance (ad hoc checking)

Compliance and KYC

• Screen the new potential clients according to Hungarian regulations and Group requirements
• Manage all incoming KYC documents are filed to the right place
• Review the results received from Client Acceptance Team and inform management if there is a risk
• Manage annual periodic reviews for existing clients
• IdentiGO software - keeping it updated with the most recent data of the clients
• VGovern CMP monthly

VBC & VRC

• Updating the VBC and VRC documents and filing

BCP

• Attending BCP meetings, updating the necessary documents and filing

Attributes and Technical Skills:

• A natural team player who is confident, flexible and who is keen to grow and develop.
• Calm personality
• A preliminary experience of Hungarian and CEE market, regulations (legal, tax, financial accounting & reporting) and market developments is an advantage.
• Min 7/10 English knowledge both in written and verbal
• Professional MS Office knowledge
• Fast reaction.

Relevant Experience:

• Strong knowledge and understanding of corporate law as well as the legal and administrative requirements and Hungarian industry regulations
• A minimum of 7 years proven expertise in corporate services, international law, tax or trust environment

Education and Professional Qualifications:

• University degree in Corporate Law

Company Benefits:

 
If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!