Trust Resident Manager - Trust Startup

Selby Jennings
Singapore, Singapore
11 Mar 2023
23 Mar 2023
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
The Resident Manager will work closely with the Executive Director, be responsible for managing the full range of matters related to trust administration and compliance.

The Responsibilities Include:
  • Statutory and regulatory obligations as Resident Manager and member of the Trust Committee of the company's licensed entity.
  • Joint decision-making at Trust Committee meetings on client, operational, technical, risk, compliance, financial issues and take on of new business
  • 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 on all trust accounts according to Company's policies and procedures.
  • Build and maintains relationship with lawyers, investment managers, auditors, bankers etc while carrying out the trust on-boarding/administration duties.
  • Participate in ad-hoc projects assigned by the Company from time to time

The Ideal Candidate:
  • A degree or professional qualification in law, accounting and related background.
  • Min. 7 year's experience working in the trust industry.
  • Preferably STEP qualified
  • Sound understanding and knowledge of regulatory requirements, especially in a trust company setting e.g., MAS regulations, Anti-Money Laundering, Know-Your-Customer.
  • Fluent in Mandarin preferred
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