On behalf of our financial services client, we are seeking a suitably qualified individual for the position of Senior Trust Officer.
On behalf of our financial services client, we are seeking a suitably qualified individual for the position of Senior Trust Officer. The Senior Trust Officer will be responsible for administering a complex portfolio of local and/or foreign trust relationships whilst providing leadership to the administrative support staff.
Role and Responsibilities
In coordination with the Trust Legal Counsel, all staff and clients the Senior Trust Officer will:
Provide effective management of direct report team and communicate effectively to ensure optimum performance and morale.
Lead, motivate and support the team, to ensure the highest level of delivery of services to customers.
Implement development plans to ensure individuals have the right skills for the role: training, developing and implementing succession planning within the team to meet business needs.
Cultivate an environment that supports diversity and reflects the brand.
Liaise with local and foreign banks, brokerage firms, lawyers, accountants, advisors and investment managers.
Attend meetings with settlors, beneficiaries, investment professionals, lawyers and accountants as necessary.
Conduct file reviews.
Assist with internal projects when required.
Any other matters that may arise in the day to day management and administration of a trust portfolio.
Manage a portfolio of local and foreign trusts, in accordance with the terms of the trust instrument.
Ensure trust assets are managed in accordance with the terms of the Trust Deed and relevant mandate, on-going review of financial activity and position of the trust funds and liaise with accountants in the preparation of financial statements.
Ensure the portfolio is maintained in accordance with Anti-Money Laundering and Anti-Terrorist Financing policies and have knowledge of the requirements under legislation.
Person Specification
A minimum of 10 years experience in Trust Administration
A TEP qualification and or professional designation in the field of Trusts
Proficient use of Microsoft Office Suite of applications and familiarity with database applications
Must possess a professional attitude and approach including the ability to work independently, exercising discretion and confidentiality in all matters
Understanding of corporate structures and administration of underlying companies
Ability to understand complex structures
A sound understanding of bookkeeping and Trust accounting