Trust Administrator

6 days ago

Singapore KENSINGTON TRUST SINGAPORE LIMITED Full time

Be a part of the Trust team that acts as the key contact point for clients to/assist and resolve clients’ issues. The Trust Administrator will work closely with and assist the Trust Department Head(s) in ensuring all the data of the Clients, the trust structure and its assets are properly recorded and maintained within the Company’s activities.
- Establishment of bespoke trusts and foundations for estate and succession planning, philanthropy objectives and any other specific purpose
- Establishment of family office structures, including Private Trust Companies (PTC) and its support services
- Provision of Trustee services for private individuals
- Administration of trusts and foundations, including its underlying structure and portfolios
- Provision of Custodian Services
- Work with professional advisors, investment managers and banks in the management of the assets of the trusts and foundations

**Key Responsibilities**:

- Trust and Estate Administration: Managing the day-to-day administration of trust accounts, including but not limited to opening new bank or brokerage accounts, distribution to beneficiaries, fund transfer, and investment management.
- Ability to draft trustee minutes or resolutions.
- Carry out periodic reviews of assigned trust accounts to ensure they are being administered in accordance with the trust deeds, the company’s policies, and legal and tax requirements.
- Recordkeeping and Documentation: Maintaining accurate and organized trust records. Create Viewpoint Master files, set up and uploaded all trust documents into ViewPoint and maintenance of all necessary principal records and trust files, including ongoing administration.
- Acts as a primary point of contact for trust clients and ensures transparency in trust administration. Providing high-quality customer service to clients, building strong relationships, and maintaining a client-focused approach.
- To guide the junior trust administrators on daily trust administration work.

**Qualifications Requirements**:

- Minimum 4 years (Senior position) of experience in Trust and Estate Administration
- Any bachelor's degree in a related field such as business administration, law, finance, accounting, or any professionally qualified courses in a related field.
- A solid understanding of relevant trust laws and regulations related to trusts, estate planning, taxation, and fiduciary responsibilities is essential.
- Experience working in the financial or legal industry, particularly in trust administration, estate planning, wealth management, or related areas, is highly valued.
- Strong analytical skills, attention to detail, and problem-solving abilities are crucial in this role.
- Familiarity with ViewPoint system and its tools is a plus.
- Excellent communication skills, both written and verbal, are essential for explaining complex concepts, building relationships with stakeholders, and providing guidance to junior trust administrators.
- Seek individuals with high ethical standards, integrity, and a commitment to client confidentiality.
- A team player.

**What We Offer**:
We offer a competitive salary and benefits package, a collaborative work environment, and opportunities for growth and development.

We love to hear from you if you can demonstrate that you meet the criteria above

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