Trust Officers

Trust Officers

The Trust Officer will report to the Vice President, Trust Services and is responsible for the management of a portfolio of complex Trust and Companies. The incumbent must be able to exercise mature, reliable judgement in the interpretation of trust deeds and maintain client relationships.

Your responsibilities will include:

• The management and administration of a portfolio of trusts
• Onboarding, establishment, ongoing administration, compliance and management of Private Trust companies and Purpose Trusts.
• Maximising and strengthening client relationships with beneficiaries and advisors in order to have the appropriate knowledge to carry out the trust’s purpose and meet the needs of the beneficiaries
• Maintaining current information on beneficiaries and their changing needs and circumstances in order to prudently carry out the organisation’s fiduciary duties;
• Maintaining current information on advisors in accordance with regulatory guidelines and policy;
• Ensuring that Trust provisions, Bank policies/procedures and relevant Legislation are adhered to at all times;
• Analysing and interpreting trust deeds and related documents with a focus on reviewing trust documents for legal, tax, administrative and investment issues;
• Maintaining effective communications with the managers, staff and professional advisors of clients as required;
• Taking an active role in effectively solving client concerns
• Understanding of operational risk, AML and compliance risks, taking action to limit exposure to risk and identify issues to management;

Your qualifications and skills include:

• University degree in finance, business, or law and a minimum five years relevant experience in financial services, trust administration, law or banking.
• Hold the STEP Diploma in International Trust Management and be a Full Member of a STEP with the (Trust Estate Practioner (”TEP”) designation.
• Strong understanding of investments and financial services with the ability to understand and interpret trust deeds, wills, bye-laws and all applicable/relevant legislation/guidelines relating to Trusts, Companies and Proceeds of Crime
• Good knowledge of Trust industry best practice, principles, and policies & procedures
• Good knowledge and awareness of business risks and related controls
• Ability to work under pressure and multi-task with high attention to detail
• Excellent interpersonal and client verbal and written communication skills
• Excellent organisational skills and ability to work on own initiative
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Access)
• Fluency in a Foreign Language (such as German or Spanish) would be very advantageous