Purpose of the role:
As the FRU Officer, you will be expected to deliver to the Fiduciary Review Committee (FRC) a detailed review of a client structure and provide solutions to any issues identified. You will also be expected to meet the goals of the team and contribute towards delivering a top quality service to the Trust Centre.
Responsibilities:
- Preparation of documentation and FRC report for Annual / Bi-Annual Administrative Reviews
- Liaising with Trust Officers in preparation and presenting annual/bi-annual reviews to FRC
- Identification and corrective action of data integrity issues
- Approve non-financial changes in the system as part of a maker/checker function
- Identification and resolution of issues through liaising with Trust Officers
- Completion of Annual / Bi-Annual Administrative Reviews and presentation to FRC
- Tracking resolution of FRC follow-ups with Team Leaders
- Actioning applicable FRC follow-ups
- Managing and equalizing the allocation or reviews throughout the year
- Provide reports and metrics to management
- Assist in general project initiatives for the department
Skills required:
- You should have worked as a Trust Officer. Be technically sound, demonstrates sufficient technical knowledge and experienced around the business
- You will work in a small but unique team and will be required to interact with the Trust Officers and Senior Management as well as presenting his review findings to our Fiduciary Risk Committee
- Have a sound knowledge of fundamental trust law, company law and administrative practices
- Have a fundamental knowledge and understanding of banking produces and how they are used in the overall management and administration of wealth
- Have a fundamental knowledge and understanding of investment instruments and credit concept
- Have a basic understanding and working knowledge of account concepts and your applications
- Ability to communicate in a concise and coherent manner and present issues and possible solutions to the Fiduciary Committee and to Trust Officers