ITS was founded on 11 December 1990 and has concentrated on undertaking independent professional trustee appointments ever since. Our Executive Chairman Chris Martin was one of our founding Directors.
From the year 2000 we were wholly owned by the FTSE250 Company Jardine Lloyd Thompson Group plc (“JLT”) but were operationally independent from them. To avoid conflicts of interest we would not take appointments where JLT provided services to the Trustee Board.
On 1 April 2019 JLT was acquired by the Marsh & McLennan Group of companies (“MMC”), which includes Mercer. Consequently, ITS exited from the MMC Group with effect from 10 June 2019. ITS is now an independent business wholly owned by its Board of Directors. Being an independent, professional trustee firm has always been central to the culture of the business and the change of ownership reinforces this ethos.
The core team is, and has always been, based in London however our client list has never been London centric and we are steadily developing our regional presence.
This is a newly created position following the change in ownership of the business, and this is a key hire in being able to take the business forward with its ambitious growth plans.
The COO will advise the Board of the financial and operational impact and effect of the strategy being followed and will ensure the direction is in line with the stated goal of the business.
Operationally the COO will oversee the smooth running of all business systems and that proper HR policies and procedures are followed at all times. The COO will also be the senior financial officer of the business and expected to manage all financial reporting requirements.
Whilst the organisation operates in the Financial Services Sector, due to the fact this is not an FCA regulated role, full consideration will be given to candidates from other sectors with a strong track record of success and experience in the following areas:
- Board level experience – an understanding of the duties and responsibilities of a Director and confidence to contribute to all business decisions.
- Strategy and Direction – proven experience of designing and shaping the strategy of previous businesses.
- Managing the WIP process – an understanding of the working capital cycle from the implementing of charge out rates, booking of time to the raising of invoices, write -offs and collection of cash.
- Managing People – Both direct and indirect teams.
As somebody who will be working at board level, you should have the gravitas to work with the business and be respected externally in dealing with third parties. A clear and concise communicator, you will be well organised with an attention to detail. A Self-starter who is confident in their own ability but respectful of others.