Trust Specialist

5 hours ago


Singapore Bank of Singapore Full time
About the Role
Bank of Singapore is seeking a highly skilled Trust Specialist to join our team. As a key member of our trust company, you will be responsible for reviewing and approving all trust onboarding documentation. Your primary objective will be to ensure that new business meets policy requirements and complies with regulatory standards.

Responsibilities
Some of your key responsibilities will include:
  • Reviewing source of wealth background of clients, corroborating declared net worth independently and assessing supporting documentation in line with regulatory requirements.
  • Carrying out name screening in accordance with bank standards and conducting assessments on potential hits, following compliance guidance and procedures.
  • Completing new business checklists and assessments for trust relationship managers and team heads.
  • Maintaining relevant spreadsheets to track and record businesses onboarded.
  • Tracking due reviews and producing management reports as necessary.

Requirements
To succeed in this role, you will need:
  • A minimum degree holder with 5-10 years of experience in banking or the financial industry, preferably with trust knowledge.
  • Strong leadership skills, initiative, and competency.
  • Good communication and interpersonal skills.
  • Organised, detailed, and with good risk awareness.

Benefits
This role offers an attractive salary package, including a base salary of approximately SGD $120,000 per annum, depending on qualifications and experience. You will also have opportunities for career growth and development within OCBC Group's global network of subsidiaries and offices.
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