Home Singapore Trust Manager

Home Singapore Trust Manager

Trust Manager

Full time at Fargo Wealth Group Limited in Singapore
Posted on May 8, 2024

Job details

The Job Descriptions: In addition to your role as Trust Manager , you are expected to take up the appointment as Resident Manager. As a Trust Manager , you will be responsible for managing a portfolio client, providing high-quality fiduciary services, and maintaining strong relationships with clients and other stakeholders. Your key duties will include but are not limited to:

  • Be responsible for managing a portfolio of trust clients.
  • Act as point of contact for clients, liaise with clients on the administration of trust and to attend to client queries, coordinate trust account activities, carry out trustee functions.
  • Manages the administration functions of trusts and companies, taking full responsibility for fiduciary mandates.
  • Perform and ensure timely periodic review of all trust accounts according to Company’s policies and procedures.
  • Build and maintain relationships with lawyers, investment managers, auditors, bankers etc while carrying out the trust on-boarding/administration duties.
  • Monitor and ensure accounts receivable for the clients under administration from time to time.
  • Ensure clients’ database records are accurate and up to date and ensure safekeeping of records per Company’s policies and procedures.
  • Promote an effective AML/CFT culture within the team.
  • Consider and sign off trustee decisions within agreed parameters.
  • Preparation for and participation in internal and external audits.
  • Oversee audit issue-tracking and evidence-sighting.
  • Responsible for providing timely client information to the Management Team as required.
  • Responding to requests from accounting and control departments for information and clarification about accounts or related administrative issues.
The Requirements:
  • A degree or professional qualification in law, accounting and related background.
  • Min. 3 - 5 years’ working experience in the trust industry.
  • STEP or WMI Advanced Certificate in Trust Services is an added advantage.
  • Knowledge of fundamental trust law, company law and administrative practice.
  • Ability to identify and anticipate risks occurring in the daily operation and administration.
  • Sound understanding and knowledge of regulatory requirements, especially in a trust company setting e.g., MAS regulations, Anti-Money Laundering, Know-Your-Customer.
  • Strategic mindset with strong analytical skills, strong appreciation for confidentiality and good project management skills.
  • Strong communication skills to effectively communicate complex issues effectively.
  • Organised and ability to work under pressure and meet tight deadlines.
  • Able to work well independently and within a team, in a dynamic environment.
  • Able to articulate with Mandarin speaking clients.
The Benefits
  • Salary commensurate with experience and qualifications.
  • Medical Insurance.
  • Dental Cover.
  • Opportunity to grow in other positions within the company.

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Share this job
See All Trust Jobs
Feedback Feedback