I am Terése (Tess) Price

Founder, Managing Director & Company Secretary |
Secretarial Services, Board Support, Corporate Governance and Training

As a skilled professional, I can make a significant contribution to your business. I am enthusiastic, highly motivated, and enjoy technical challenges.

Having graduated from a university in Sweden, I moved to Jersey in 2006 to gain experience to complement my academic credentials. What was meant to be temporary turned out to be permanent, and Jersey is now my home.

In 2020, after 15 years of working in corporate, trust, and fiduciary environments in Jersey, I left employment and my position as a regulated director and launched Virteffic Limited. My decision to quit was motivated by my desire for independence and flexibility. In 2021, I decided to take on new staff members to meet the demand for secretarial support services, and the team has continued to grow since then.

Our services are focused on corporate governance and secretarial skills, which has allowed me to put my ICSA qualification to good use. Throughout the last three years, my role at Virteffic has given me the opportunity to attend and listen to countless board meetings across various businesses and sectors. Over the years, our team has drafted thousands of minutes and prepared hundreds of board packs. We have helped businesses with their board effectiveness reviews, corporate governance framework, as well as day-to-day administration support. Since 2022, we have also provided training, courses and presentations.

I thrive on planning, organising and solving problems, and can therefore help you find the best way to tackle administrative tasks. I work well under pressure in a fast-paced environment with a focus on attention to detail and multitasking. I have a true passion for my work and a great love for my business, and I very much enjoy drafting the minutes, attending the meetings, and discussions on governance, meetings, board support and the role of the company secretary.

Main Qualifications and Experience

  • deep technical expertise and senior management experience in the corporate, trust, and fiduciary environment (15+ years);
  • previously a director of regulated companies;
  • qualified Chartered Secretary and an Associate of ICSA (professional level);
  • bachelor of Soc.Sc. in Economics;
  • bachelor of Soc.Sc. in Financial Administration;
  • excellent communication skills – verbal, presentational and written;
  • knowledge of local legislation and regulatory requirements;
  • proficiency in local legislation, regulatory requisites, evolving corporate governance, risk management, and compliance regulations.
  • exceptionally organized with superior time management.
  • Diligent with an impeccable eye for accuracy.

I am independent, motivated and truly passionate about my work. Foremost, I enjoy the variety of tasks and the technical challenges, building new relationships and further developing my skills.

Tess Price | Founder, Managing Director & Company Secretary

Education and Work Experience

  • ICSA Professional – Associate’s Degree (Professional Level), Jersey (2009 – 2014)
  • Mälardalen University – Bachelor Soc. Sc. Economics,  Västerås Sweden (2002 – 2006)
  • Mälardalen University – Bachelor Soc. Sc. Business Administration, Västerås Sweden (2002 – 2006)
  • Several courses in Analytical Finance, Financial Mathematics & Statistics including; Introduction to Financial
    Mathematics, Calculus I, Calculus II, Linear Algebra, Numerical Methods with MATLAB,
    Probability Theory and Statistical Inference
  • Master thesis in Marketing
  • Core Management Programme (2018)
  • Advanced Leadership Programme, Harleem Netherlands (2017)

Virteffic Limited – Founder, Managing Director, Company Secretary (Aug 2020 – present) 

Virteffic was set up by myself in 2020, and I am running the business as a managing director, company secretary, and one of the senior virtual assistants that provide the requested services. As part of the process, I prepared all the incorporation documents, obtained the required licenses, and D&O insurance and opened the bank account. In addition, I set up and designed this website, and I also designed the company logo and all marketing material. Following the growth of the business, I have also handled the recruitment, and hiring process, GST registration, payroll, and filing of statutory returns. I have prepared our internal policies, procedures and template documents to give the team the tools they need to operate efficiently. Since the launch, Virteffic has onboarded a number of clients, and the services that have been provided by me (Tess) include:

  • drafting minutes for a variety of boards and committees (most frequent service used by the majority of the clients);
  • summarise action points from meetings;
  • assisted on governance projects;
  • drafted terms of reference documents for committees;
  • map the AML/CFT legislation, the TCB code and Companies (Jersey) Law 1991, together with gap analysis of policies and procedures;
  • reviewed policies and procedures and provide feedback;
  • formed part of the internal co-sec team for various regulated firms in Jersey;
  • correspondence, acting as the first point of contact for the client;
  • prepared board packs, agendas, attendance registers, conflict registers and other documents for the board;
  • convened meetings and drafted chair notes;
  • data entry projects;
  • IT support and assistance with technical queries regarding various systems; and
  • design book covers, design social media posts, and marketing material.

Maples Group – Vice President (Dec 2018 – Jul 2020) 

A small team of 3, including myself, established the Maples fiduciary office in Jersey for this leading global fiduciary service provider. I provided customised fiduciary services to meet the diverse and sophisticated needs of the structured finance, private equity, fund, and corporate clients.  Being part of such a small team, my role was most varied. For example, I had a PQ and acted as director, I was the key relationship manager and also worked to raise the profile of Maples through participation in various events in Jersey and internationally. By contrast, I also ordered stationery, paid invoices, and handled data entry and statutory filings, as well as:

  • drafted the policies and procedures, step by step checklists, and template forms;
  • drafted template minutes and written resolutions;
  • acting on the board for the Maples entities as well as the client entities;
  • acting as an authorised signatory;
  • incorporated the Maples subsidiary entities and obtained the required regulatory licenses;
  • preparing notice and board packs for board meetings, collection of agenda items and following up on action points;
  • attended board meetings for the Maples entities as well as the client entities in the capacity as company secretary and also as a director;
  • drafted notices, agendas, board meeting packs, and minutes for the meetings;
  • acted as a relationship manager to the majority of the clients;
  • ensured statutory requirements were met by Maples as a regulated entity;
  • drafted correspondence, formation documents, reports and guidance notes;
  • co-ordination with the accounts preparation function and liaising with the external auditors;
  • interviewed for new roles on the team; and
  • attended networking and marketing events.

Intertrust (formerly known as Elian and Ogier) – Manager (Feb 2014 – Nov  2018) 

I was the manager of a team that ranged in size from 4 to 10 during this period. The team portfolio included a large family office structure as well as individual HNW clients. The entities included companies in different jurisdictions and a variety of trusts and private trust companies. The team consisted mainly of junior staff members so the role demanded a high level of attention to detail. It also required me to be a technical expert on complex client structures within the company and trust environment. My work included:

  • direct communication and meetings with clients as well as third-party service providers;
  • ensured statutory requirements were complied with;
  • maintaining companies in good standing in their respective jurisdictions;
  • incorporation of companies, establishment of trusts, and formation of various entities;
  • arranged that client records were clearly and accurately updated;
  • renewal of regulatory registrations and filings of statutory returns;
  • reviewed, signed, and released payments as an authorised signatory;
  • coordinated and attended meetings;
  • drafted or reviewed minutes and written resolutions;
  • monitoring implementation of board resolutions;
  • complete bank account opening documents and associated documents;
  • arrange for documents to be notarised and legalised;
  • reviewed timelines raised invoices, prepared fee proposals, debt collection;
  • ensured that internal team management information was completed on a timely basis;
  • supported and guided team members through mentoring and supervision; and
  • interviewed for vacancies on the team as well as for the overall department.

RBC Wealth Management – Senior Client Relationship Officer (Jun 2012 – Jan 2014) 

The role involved day to day administration of my own portfolio consisting of different types of trusts and companies. Furthermore, it involved communication and meetings with clients, primarily from Europe and Middle East. The administration duties included:

  • direct client contact and communication, primarily by phone and emails;
  • ensuring statutory requirements were complied with;
  • bookkeeping, review of financial accounts and statements;
  • completed forms for bank account openings;
  • completing annual reviews;
  • preparation of meetings packs and follow up on action points from meetings; and
  • payroll and salary administration.

HSBC Private Bank – Senior Trust Administrator (Apr 2007 – Nov 2011) 

In this role, I was working on the Middle Eastern section with day to day administration of a portfolio of trust and companies. The work included drafting of minutes, bookkeeping, communication with clients and service providers. During this time I was also as member of the Social Committee and a member of the Womens Development Association.

  • drafting agendas, notices, minutes and resolutions;
  • assist with governance projects;
  • drafting terms of references for various committees;
  • organising board meetings as well as attending the meetings in capacity as director and/or company secretary;
  • supported businesses with their board effectiveness reviews;
  • drafting policies and procedures, checklists, forms and template documents;
  • preparing board packs and board reporting;
  • map local legislation, including the AML/CFT Handbook and the TCB Code and undertake gap analysis of policies and procedures; 
  • map legislation and various governance codes (Jersey and others) against governance framework and board procedures;
  • drafting terms of references for various committees; 
  • opening of bank accounts where the accounts have been with several different banks in Jersey and worldwide;
  • incorporating companies, established trusts and forming partnerships;
  • leading projects (independently or as a project manager / team leader);
  • ensuring that statutory requirements are complied with;
  • attending marketing and business development events and meetings;
  • review of financial accounts & statements, assist with the bookkeeping and record keeping;
  • provide training and presentations in relation to drafting minutes;
  • training and mentoring junior staff, review of team workflows seeing that work is carried out in an orderly and timely fashion;
  • correspondence by email, letter, telephone and video conference such as Ms Teams; and
  • maintaining clients’ records accurately.
  • Proficient computer skills, including Microsoft Office Suite (Word, PowerPoint, and Excel) and also experience with Google Docs.
  • Highly organised and able to multitask and work well with fast-paced directions and instructions and no issues with a large workload.
  • Strong ability to communicate via email, phone, instant messenger, video conference such as Zoom, Microsoft Teams or Skype.
  • Able to manage time effectively and efficiently.
  • Excellent verbal and written communication skills.
  • Strong customer service and presentation skills.
  • Flexible and able to work late evenings, weekends, extended hours, and holidays as needed.
  • Bilingual and fluent in English and Swedish.

Flexible solutions

Virteffic was set up as I wanted more flexible working hours whilst working in a professional role. I am proud to be able to offer the same flexibility to all members of our growing team. Our working model, whereby we work where and when we want, allows our staff to have a great work/life balance.

The Story behind Virteffic

There is a recruitment crisis in the Channel Islands, whilst we also have a high number of ‘non-employed’ individuals. The high childcare costs disincentives women, in particular, from working full-time or working at all. By offering unique roles, we access a greater pool of people. 

I work extremely hard to build a business model and strategy that genuinely puts employees first and provides opportunities for those who cannot commit to static working hours whilst cultivating an ethos of independence and flexibility. By entrusting everyone with complete flexibility to set their own hours and working environment, we have revolutionised how our business operates. As a result, Virteffic has experienced and qualified individuals with regulatory expertise from lengthy careers in the Channel Islands finance industry. The working model creates much better morale and atmosphere for both workers and clients – and better results too! 

Build your own dreams, or someone else will hire you to build theirs.

Whether you think you can or think you can't - you're right.

Get in touch with Tess

I am always happy to catch up for a coffee (which may be by phone or video call), to discuss opportunities and collaborations.

Contact Details

If you have any questions, please contact us:

Virteffic Limited


La Vallee de St Pierre

St Lawrence

Jersey JE3 1EG

E: tess@virteffic.com or 


M: +44 (0) 7797716461

W: virteffic.com

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Virteffic Limited (“Virteffic“) is not regulated or licensed under the Financial Services (Jersey) Law 1998, as amended (the “Financial Services Law“). Accordingly, Virteffic does not provide any regulated services and does not carry on any regulated activities which would require us to be a “registered person” under and defined in the Financial Services Law. Where it is necessary for such a regulated activity is to be carried out, you will be required to use the services of a firm that is registered under the Financial Services Law, to provide such services. Virteffic may provide certain secretarial support and administration services as a virtual assistant, however, the services are of an administrative nature only and your appointed company secretary and/or the directors of your company have full responsibility to ensure the accuracy of the work that Virteffic does for you, to have the final sign-off and to check the work before it is released, published and/or executed.