Trust Advisory/Administration

4 days ago

Central Region, Singapore PERSOL Full time $104,000 - $130,878 per year

Business Development of Trust Services:

  • Attend client enquiries, attend meetings with prospective clients, prepare proposals for new business, and assist in business development activities.
  • Ensure that new businesses acquired are in compliance with regulatory requirements and reject businesses with unacceptable business or reputational risks.
  • Active involvement with the initial client onboarding process, be responsible for the collection of the establishment fee and liaise with clients on trust set-up and initial asset injection.

Trust Administration, Client Relationship Management and Client Advisory:

  • Act as point of contact for clients, and liaise with clients on the administration of trust accounts.
  • Day-to-day duties include attending to client queries, coordinating trust account activities, carrying out trustee functions, and properly documenting the account files.
  • Carry out day-to-day unit trust administration duties for unit trust accounts and ensure that net asset valuation reports are prepared and delivered to unitholders on timely basis.
  • Assist in the opening of banking and custodian accounts on behalf of trust accounts.
  • Conduct periodic reviews of assigned trust accounts to ensure that they are being administered in accordance with company policies, jurisdiction and legal requirements.
  • Ensure that all accounts meet regulatory requirements and report any breaches.
  • To acquire and enhance technical skills where required, and keep abreast of market developments.
  • Supervise junior trust administrator.

Requirements

  • Minimum 3 years of working experience in wealth planning, trust and other fiduciary services. Working experience is unit trust administration preferred.
  • Professionally qualified – STEP or ICSA or studying towards the qualification.
  • Strong technical knowledge in trust, tax, accounting and company law.
  • Able to assist in reviewing trust and related documentation.
  • Proactive, responsible, attention to detail, strong decision-making and organizational skills, strong client relationship management and interpersonal skills, good presentation and negotiation skills.

Interested candidates who wish to apply for the advertised position, please click on "Apply". We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)

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