JTC kensington – Trust Administrator

Company
JTC kensington
kensington-trust.com
Designation
Trust Administrator
Date Listed
11 Jun 2024
Job Type
Entry Level / Junior Executive
Full/Perm
Job Period
Immediate Start, Permanent
Profession
Banking / Finance
Industry
Finance
Location Name
14 Robinson Road, Singapore
Work from Home
Address
14 Robinson Rd, Singapore 048545
Map
Allowance / Remuneration
$3,500 - 5,000 monthly
Company Profile

Kensington Trust Singapore Limited established its presence in Singapore in 2015. The company is part of the Kensington Trust Group that formed a strategic alliance with JTC Group (Jersey).

Trust services include assistance to help individuals, families, and businesses establish and administer the trusts. Our fiduciary role includes acting in the best interests of our clients, ensuring proper compliance are adhered to when managing and administering to the assets. We may act in capacity as trustees, executors or administrators of estates, ensuring that assets are distributed according to the wishes or wills of the client or in accordance with legal requirements.

In August 2016, Kensington Trust Singapore Limited was granted a licence by the Monetary Authority of Singapore to conduct trust business, offering specialised jurisdiction-specific fiduciary solutions.

Job Description

Your next opportunity

Be a part of the Trust team that acts as the key contact point for clients to assist and resolve clients’ issues. The Trust Administrator will work closely with and assist the Trust Department Head(s) in ensuring all the data of the Clients, the trust structure and its assets are properly recorded and maintained within the Company’s activities.

Key Responsibilities:

  • Trust and Estate Administration: Managing the day-to-day administration of trust portfolios, including but not limited to opening new bank or brokerage accounts, distribution to beneficiaries, fund transfer, and investment management.
  • Carry out periodic reviews of assigned trust portfolios to ensure they are being administered in accordance with the trust deeds, the company’s policies, and legal and tax requirements.
  • Maintaining accurate and updated trust records. Create Viewpoint Master files, set up and uploaded all trust documents into ViewPoint and maintenance of all necessary principal records and trust files.
  • Acts as a primary point of contact for trust clients and ensures transparency in trust administration by providing high-quality customer service to clients, building strong relationships, and maintaining a client-focused approach.
  • Ability to draft trustee minutes, resolutions, or any trust related documents.
  • Administration of trusts and foundations, including its underlying structure and portfolios.
  • Work closely with other departments to coordinate services for clients.
  • Collaborate with professional advisors, investment managers and banks in the management of the assets of the trusts and foundations.

Qualifications Requirements:

  • Bachelor's degree in business administration, law, finance, accounting, or relevant field.
  • Minimum 3 years of experience in Trust Administration or relevant.
  • Solid understanding of relevant trust laws and regulations related to trusts, estate planning, taxation, and fiduciary responsibilities.
  • Strong analytical skills, attention to detail, and problem-solving abilities.
  • Excellent communication skills, both written and verbal.
  • Ability to work in a discreet and utmost confidentiality with high ethical standards to protect clients' data.
  • STEP qualification will be an added advantage.

What We Offer:

  • We offer a competitive salary and benefits package, a collaborative work environment, and opportunities for growth and development.
  • Hybrid working arrangement for confirmed staff

We regret to inform you that only shortlisted candidates will be notified.

Application Instructions
Please apply for this position by submitting your CV through email to .

Kindly note that only shortlisted candidates will be notified.

Related Company Review:

JTC Kensington
https://www.kensington-trust.com/
Type: Investment & Asset Management / Financial Services
2.7
Nice colleagues
Pros: Worklife balance, nice colleagues, not much stress
Cons: slow progression, not for very motivated people
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