Purpose of the role:
A Trust Officer ("TO") is responsible for the efficient and profitable administration of a Portfolio of Trusts and Companies. The TO is a key member of the Trust Administration Team and expected to meet the goals of the team and contribute towards delivering a high service quality level to clients. In addition, a TO is expected to provide administrative, technical, product and client related support to Relationship Managers ("RMs") of the Private Bank and to meet their personal team goals.
Responsibilities:
• Responding to requests from clients, outside professionals and RMs for execution of transactions or provision of information and clarification
• Responding to requests from accounting and control departments for information and clarification about accounts or related administrative issues
• Preparation and assistance with presentation of periodic reviews of trusts and companies to ensure that they are being administered in accordance with company policies, jurisdictional and legal requirements
Skills required:
• Has a sound knowledge of fundamental trust law, company law and administrative practice
• Easily reads, understands and analyses trust and corporate documentation
• Has a fundamental knowledge and understanding of investment instruments and credit concept