Trust Specialist
1 month ago
We are seeking a highly skilled Trust Specialist to join our team at Bank of Singapore. As a key member of our trust company, you will play a critical role in ensuring the smooth onboarding of new business and the administration of trust products for our private banking clients.
Key Responsibilities- Review and approve all trust onboarding documentation to ensure completeness and adherence to policy requirements.
- Conduct thorough due diligence on clients, including reviewing source of wealth background and corroborating declared net worth.
- Carry out name screening and assessment of potential hits, following compliance guidance and procedures.
- Collaborate with the front office/wealth advisory team to obtain necessary documents and information.
- Manage junior staff and provide guidance and support as needed.
- Maintain accurate records and spreadsheets to track and record onboarding progress.
- Ensure compliance with regulatory requirements and internal policies.
- Assist with other departmental projects and tasks as necessary.
- Minimum degree holder with 5-10 years of experience in banking/financial industry, preferably with trust knowledge and experience in KYC/AML/Compliance/Risk.
- Strong leadership skills, initiative, and competency.
- Good communication and interpersonal skills.
- Team player with organized and detailed approach.
Bank of Singapore is a leading financial institution with a strong commitment to developing our people and investing in our community. We offer a dynamic and supportive work environment, competitive remuneration packages, and opportunities for professional growth and development.
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Trust Specialist
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Singapore Bank of Singapore Full timeAbout the RoleWe are seeking a highly skilled and experienced Trust Specialist to join our team at Bank of Singapore. As a key member of our trust company, you will be responsible for reviewing and approving all trust onboarding documentation, ensuring compliance with regulatory requirements and bank policies.Main ResponsibilitiesReview and approve trust...
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