Trust Administration

3 days ago

Bukit Merah, Singapore SG Enable Ltd Full time

**Overall Job Responsibility**:
**Duties and Responsibilities**:

- Assist in ensuring the proper discharge of fiduciary duties and compliance with Company’s SOP, applicable regulations / procedures in the administration of trust accounts
- Process asset injection / disbursement, maintain accounting records and reconciliation of the trust accounts
- Process trust account termination and ensure that any residual trust funds are properly distributed
- Liaise with Public Trustee’s Office, service providers, caregivers and other stakeholders on matters relating to trust accounts
- Provide support in all trust administrative matters
- Review and assess the applicability and adequacy of trust assets intended to be injected by clients and ensure proper documentation in the SNTC Portal
- Formulate and execute follow-up plans to assist clients in nominating the assets intended to be injected into the trust
- Follow up and secure possession of assets earmarked for trust accounts, enforcing all rights / claims against third parties where necessary
- Assist in performing analysis and preparing asset earmarking-related status / statistical trends / issues and work with case managers to identify gaps and implement improvements
- Undertake and perform other tasks and duties as assigned based on the Company's need

**Qualifications, Knowledge and Experience**:

- Degree, preferably in Business / Accounts / Finance; relevant professional qualifications (e.g. STEP) would be an advantage
- Minimum 5 years of relevant experience with demonstrated hands-on knowledge in trust administration

**Additional Information**:
Please state in your detailed resume your:

- 1. Current and expected salaries and annual package
- 2. Reason for leaving current employment (if applicable)

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