Trust Manager

at  Fargo Wealth Group Limited

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.

• 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