Senior Trust Officer

Senior Trust Officer

• Business Development of Trust Services:

– Attend to client enquiries, attend meetings with prospective clients, prepare proposals for new business, and assist in business development activities.

– Ensure that new business acquired are in compliance with regulatory requirements and to reject business with unacceptable business or reputational risks.

– Active involvement with initial client on-boarding process, be responsible for the collection of the establishment fee and to liaise with clients on trust set-up and initial asset injection.

• Trust Administration, Client Relationship Management and Client Advisory:

– Act as point of contact for clients, liaise with clients on the administration of trust accounts.

– Day-to day duties includes attend to client queries, coordinate trust account activities, carry out trustee function, and properly document the account files.

– Carry out day-to-day unit trust administration duties for unit trust accounts and ensure that net asset valuation reports are prepared and delivered to unitholders on timely basis.

– Assist in the opening of banking and custodian accounts on behalf of trust accounts.

– Conduct periodic review of assigned trust accounts to ensure that they are being administered in accordance with company policies, jurisdiction and legal requirements.

– Ensure that all accounts met regulatory requirements and to report any breaches.

– To acquire and enhance technical skills where required, keep abreast of market developments.

– Supervise junior trust administrator.

Requirements

• Minimum 3 years of working experience in wealth planning, trust and other fiduciary services. Working experience is unit trust administration preferred.

• Professionally qualified – STEP or ICSA or studying towards the qualification.

• Strong technical knowledge in trust, tax, accounting and company law.

• Able to assist in reviewing of trust and related documentation.

• Proactive, responsible, attention to detail, strong decision making and organizational skills, strong client relationship management and interpersonal skills, good presentation and negotiation skills