Trust Administration

Overall Job Responsibility

The Assistant 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 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.