Role:
• Manage the day-to-day administration of a portfolio of Trust accounts, reporting to the Head of Trust Administration
Responsibilities:
• To assist with the on-boarding of new clients and obtain the requisite AML/KYC documentation, review of Source of Funds & Source of Wealth information.
• To assist in drafting trust documents such as trust resolutions and letter of wishes.
• To assist in the Asset(s) transfer into the Trust setup, including opening bank accounts.
• To assist in the collection of earnings, dividends or sale of assets, placement of proceeds in the Trust account.
• To liaise with intermediaries relating to the trust structures such as lawyers, tax advisors and bankers when necessary.
• To assist in the direct distribution of funds to Beneficiaries, in accordance with the Trust Deed.
• To undertake Periodic Review of Trust and Estates under administration.
• To manage and administer the existing book of trust clients and develop the relationship by providing exemplary services.
• To attend any risks derived from annual reviews on the trust structures.
• Perform any other ad hoc assignments.
• To raise awareness to management of any AML or KYC issues relating to our existing trust structures promptly
Skills and qualifications:
• 2- 4 years of proven Trust and Company administration experience
• Relevant Degree/ Diploma holder (Accounting preferred)
• STEP qualified or part qualified /pursuing
• Clear track record of ability to garner client’s confidence & understands the needs of clients when structuring a Trust setup.
• Team-player with outstanding interpersonal skills
• Conscientious, with good attention to detail
• Outstanding written and verbal communication skills
• Proven ability to work under pressure to meet deadlines
• Independent and positive working attitude
