SINGAPORE EXECUTIVE SERVICES PTE. LTD. Hiring! Full Time Senior Trust Administrator in Islandwide (Singapore), Earn up to SGD 6,500 - Ricebowl

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.