Purpose of the role:
A Trust Officer ("TO") is responsible for the efficient and profitable administration of a Portfolio of Trusts and Companies. The TO is a key member of the Trust Administration Team and expected to meet the goals of the team and contribute towards delivering a high service quality level to clients. In addition, a TO is expected to provide administrative, technical, product and client related support to Relationship Managers ("RMs") of the Private Bank and to meet their personal team goals.
Responsibilities:
Responding to requests from clients, outside professionals and RMs for execution of transactions or provision of information and clarification
Responding to requests from accounting and control departments for information and clarification about accounts or related administrative issues
Preparation and assistance with presentation of periodic reviews of trusts and companies to ensure that they are being administered in accordance with company policies, jurisdictional and legal requirements
Skills required:
Has a sound knowledge of fundamental trust law, company law and administrative practice
Easily reads, understands and analyses trust and corporate documentation
Has a fundamental knowledge and understanding of investment instruments and credit concept