Our client, an independent trust company with over 20 in Singapore, is seeking a Senior Trust Administrator to join their team.
Role & Responsibilities
: Service the daily administrative requirements of the Trust structures assigned and managing the client relationships alongside with another senior member of the team.
To provide full suite of trust administration services to a portfolio of clients with a high level of service delivery, including, but not limited to, achieving high standards of corporate governance, fiduciary integrity and statutory compliance, and maintaining up-to-date records and financial reporting.
To collate Trust Formation Questionnaires, collation all the KYC documents, the preparation of Dossier, the Client Acceptance Summary Form, the W-8BEN, tax declaration form, FATCA/CRS self-certification forms and other requirements for new clients after the structure is onboarded by the business development team.
To assist with the opening of bank accounts
Follow up with PTC clients on Quarterly Due Diligence
To maintain and update clients’ KYC documents such as expiry of passport/proof of address
To maintain up-to-date records in the permanent file and the electronic folder by scanning, storing, and maintaining proper records of all documents
To prepares Directors’ Resolution and follow up with Directors’ signatories for execution
To prepares Trustees’ Resolutions and follow up with Trustees’ signatories for execution
To follow up external request such as banks for updates of KYC documentations
To liaise with the registered agent to update corporate documents and conduct the necessary filing
Organize and maintain filing system for new and existing clients
To carry out year-end follow up with insurance copies for cash surrendered value
To act with the highest standards of ethics, integrity and professionalism
To assist with projects as and when required
To send out fee invoices and collect fees timeously, and to review outstanding debtors and pro-actively raise concerns where appropriate with a view to maximising successful debt recovery.
Requirements:
Bachelor’s degree in Business Administration, Law, Accounting, or a related field.
Minimum 4 years of experience in Trust Administration.
STEP qualification is a plus.
We are a boutique executive search firm, focusing exclusively on Singapore-based executive roles, and mid to senior-level recruitment mandates across varied sectors. And our first priority is local and local-based candidates.
Built by a team of mid-career professionals with varied industry experiences. Forged on stellar client relationships and candidates network, to deliver well-matched talents with professionalism and competency.
We pride ourselves on having a thorough understanding of our client’s human capital needs and priorities. Our team specializations include:
1. General Management – HR, Accounting, Legal, Sales, Business Development, Operations, etc.
2. Information Technology – including blockchain, Biotech, Fintech, and WealthTech
3. Trust & Wealth Management – including Fund Management & Corporate Secretarial
4. Banking & Financial Services – including Front, Middle & Back Office requirements
We further realize that client needs vary continuously, so we offer a flexible service based on individual needs and budgets. Also, our dedicated candidate talent acquisition team ensures our corporate clients are updated regularly and have ready access to the most talented individuals in their market space.
We provide the right people to suit the client’s needs, thus saving time, effort, and cost. This is part of our commitment to delivering value and helping clients achieve their strategic objectives.