Trust Resident Manager

1 day ago

Singapore Selby Jennings Full time

Overview
Director, Market Specialist - Trust & Private Wealth Management Asia at Selby Jennings
In this role you will support the Head of Trustee Services in managing operations, ensuring regulatory compliance, and delivering high-quality trust solutions. This role is pivotal in maintaining service excellence and strengthening client relationships as part of the financial offerings.
Base pay range
SGD80,000.00/yr - SGD120,000.00/yr
Responsibilities
Serve as the Resident Manager in accordance with the Trust Companies Act and MAS licensing requirements.
Ensure ongoing compliance with regulatory duties (Regulation 10) and fit and proper standards.
Oversee accurate and timely reporting to MAS and internal stakeholders.
Act as the primary contact for new and existing clients, as well as business introducers.
Support client onboarding and the development of tailored trust structures.
Manage client portfolios in line with internal policies and regulatory standards.
Maintain high service levels and contribute to business development.
Undertake additional responsibilities as required.
Risk & Compliance
Ensure adherence to MAS regulations, FATCA, CRS, and internal compliance frameworks.
Supervise KYC/AML processes, due diligence, and periodic reviews.
Promote strong governance and internal controls.
Maintain and update trust administration policies and procedures.
Qualifications
Degree in Business Administration, Law, Accounting, or a related discipline.
STEP qualification (TEP) preferred; experience in compliance is advantageous.
Minimum 5 years' experience in trust, banking, or professional services.
Strong understanding of the Trust Companies Act and regulatory landscape.
Demonstrated leadership, communication, and multitasking abilities.
Desired Skills and Experience
Serve as Resident Manager per the Trust Companies Act and MAS licensing requirements.
Ensure ongoing compliance with regulatory duties (Regulation 10) and fit and proper standards.
Oversee timely and accurate reporting to MAS and internal stakeholders.
Act as key liaison for clients (new/existing) and business introducers.
Support client onboarding and development of bespoke trust solutions.
Maintain client portfolios in compliance with policies and regulations.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Administrative
Industries
Accounting
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