Senior Trust Admin

1 week ago

Singapore BRITISH AND MALAYAN TRUSTEES LIMITED Full time

**Role**:

- Manage the day-to-day administration of a portfolio of Trust accounts, reporting to the Head of Trust Administration

**Responsibilities**:

- To assist with the on-boarding of new clients and obtain the requisite AML/KYC documentation, review of Source of Funds & Source of Wealth information.
- To assist in drafting trust documents such as trust resolutions and letter of wishes.
- To assist in the Asset(s) transfer into the Trust setup, including opening bank accounts.
- To assist in the collection of earnings, dividends or sale of assets, placement of proceeds in the Trust account.
- To liaise with intermediaries relating to the trust structures such as lawyers, tax advisors and bankers when necessary.
- To assist in the direct distribution of funds to Beneficiaries, in accordance with the Trust Deed.
- To undertake Periodic Review of Trust and Estates under administration.
- To manage and administer the existing book of trust clients and develop the relationship by providing exemplary services.
- To attend any risks derived from annual reviews on the trust structures.
- Perform any other ad hoc assignments.
- To raise awareness to management of any AML or KYC issues relating to our existing trust structures promptly

**Skills and qualifications**:

- 2- 4 years of proven Trust and Company administration experience
- Relevant Degree/ Diploma holder (Accounting preferred)
- STEP qualified or part qualified /pursuing
- Clear track record of ability to garner client’s confidence & understands the needs of clients when structuring a Trust setup.
- Team-player with outstanding interpersonal skills
- Conscientious, with good attention to detail
- Outstanding written and verbal communication skills
- Proven ability to work under pressure to meet deadlines
- Independent and positive working attitude

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