Trust Administrator

Organisation
Butterfield
Reference
VAC-57016
Contract Type
Full-Time
Industries
Banking & Financial Services
Location
Nassau
Salary & Benefits
Date Posted
30/05/2025
Expiry Date
18/06/2025
Provides administrative support for trusts and companies, liaises with professionals, processes transactions, manages accounts, reviews statements, and ensures compliance with AML, ATF policies, and relevant regulations.

 

Trust Administrator

Reporting to the Trust Manager, the Trust Administrator will work as part of a successful team to service both ultra-high net worth and high-net worth clients. The successful candidate will support the department by efficiently supporting with various administrative services for both trust and corporate structures.


Your responsibilities will include:

  • assisting team members in the administration of trusts and companies within the Private Client area
  • interacting with third party professionals, both locally and overseas, in a courteous and professional manner
  • processing additions and distributions for structures
  • opening and closing both brokerage and bank accounts for all entities including the completion of necessary forms and compiling of all of the necessary due diligence
  • reviewing bank and brokerage statements for discrepancies and arranging for their filing
  • maintaining a good knowledge of the Bank’s anti-money laundering and anti-terrorism policies and procedures
  • interacting with other departments as necessary
  • remaining knowledgeable about, and adherent to, policies and procedures, the Private Clients Policies and Procedures Manual, the applicable laws, to include but not limited to all money laundering regulations

 

About the team

Trust is a tradition at Butterfield, in every sense of the word. As the Bank’s fiduciary services subsidiary, Butterfield Trust offers trust, estate, company management and custody services. Across the Group, the Butterfield Trust team assists with the formation and administration of trusts, companies and partnerships for both private and corporate clients designing solutions that meet our clients’ requirements.


Your qualifications and skills include:

  • preferably working towards a Bachelor’s degree, or at least two years’ demonstrated relevant experience in the financial industry.
  • willing to work towards membership of STEP or a similar relevant certification.
  • good organisational skills and the ability to meet strict service level agreements and deadlines
  • ability to deal with clients in a professional and courteous manner
  • excellent verbal and written communication skills
  • familiar with Microsoft Office products.
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