Senior Trust Officer

Act as the primary point of contact for a portfolio of international clients to assist in the establishment of new Trust and corporate structures and ongoing administration of existing structures.

New Trust business acceptance/due diligence procedures including review of completed Trust establishment documents and drafting Trust Deed and Letter of Wishes in accordance with client objectives/instructions. Trusts are formed mainly in Singapore and New Zealand and occasionally in the Cook Islands and Hong Kong.

New client company business acceptance/due diligence procedures for Singapore and offshore companies.

New Trust and corporate bank account applications.

Ongoing administration to include compliance with statutory requirements including compliance with all MAS regulations.

Assist the Manager with the completion of periodic review for a portfolio of clients based on client risk rating an according to company policy and procedures.

Terminations, liquidations, and winding-up of existing Trust and corporate structures.

Timely invoices to clients and prompt debtor collection.

Liaise with the Accounting Department to ensure that financial statements are completed in a timely basis for trusts and companies under administration. Maintenance of trust and corporate records and internal files.

Maintenance of Client Management Information System (IBIS) database in relation to Trusts and companies.

Supervision and on-the-job development of the Officer and Junior Trust and Corporate staff members.

Other ad-hoc administrative requirements from time to time including in-house or regulatory projects

Qualifications:

Ideally, experience will comprise of the following:

A minimum of 5 years’ experience in a Trust & Corporate Secretarial services position.

Strong knowledge of Trust law and principles. A working knowledge of Singapore corporate administration services would be preferred, but is not essential.

Knowledge of Singapore and offshore corporate law and good practices would be an advantage.

A basic understanding of financial statements for trusts and companies.

Applicants should possess strong organizational skills and be able to handle multiple tasks in a prompt and efficient manner.

Attention to detail is essential.

An understanding and appreciation for client sensitivity regarding confidentiality is also required