Trust Administration

Overall Job Responsibility

The Assistant Manager / Manager, Trust Administration supports the realisation and advancement of the Company’s trust administration objectives, as well as the assets earmarking, trust application and administrative functions.

Duties and Responsibilities

• Assist in ensuring the proper discharge of fiduciary duties and compliance with Company’s SOP, applicable regulations / procedures in the administration of trust accounts
• Process trust applications and prepare trust-related documentations, ensuring that they are complete and in order
• Process asset injection / disbursement, maintain accounting records and reconciliation of the trust accounts
• Process trust account termination and ensure that any residual trust funds are properly distributed
• Liaise with Public Trustee’s Office, service providers, caregivers and other stakeholders on matters relating to trust accounts
• Provide support in all trust administrative matters
• Review and assess the applicability and adequacy of trust assets intended to be injected by clients and ensure proper documentation in the SNTC Portal
• Formulate and execute follow-up plans to assist clients in nominating the assets intended to be injected into the trust
• Follow up and secure possession of assets earmarked for trust accounts, enforcing all rights / claims against third parties where necessary
• Assist in performing analysis and preparing asset earmarking-related status / statistical trends / issues and work with case managers to identify gaps and implement improvements
• Undertake and perform other tasks and duties as assigned based on the Company's need

Qualifications, Knowledge and Experience

• Degree, preferably in Business / Accounts / Finance; relevant professional qualifications (e.g. STEP) would be an advantage
• Minimum 5 years of relevant experience with demonstrated hands-on knowledge in trust administration

Additional Information

Send your resume to us by clicking the “Drop your resume / Apply” button now, or you can also email us at [email protected]

Please state in your detailed resume your:

1. Current and expected salaries and annual package
2. Reason for leaving current employment (if applicable)

We regret that only shortlisted candidates will be informed.