Job Description

Assistant Trust Officer

• 6 months contract
• Office Location: Downtown

The Client

• MNC Bank

The Opportunity

• Assist the Trust Administration Team in managing client accounts
• Process transactions and billings and taking care of day to day administration
• Responding to requests from clients, outside professionals and Banker/Assistant Banker for execution of transactions or provision of information and clarification
• Ensuring that the trust's data base system contains accurate and up to date information
• Ensure all trust documentation is correctly signed and is logged and placed in the secure vault
• Liaise with the account opening units to ensure new bank accounts are established
• Collection of any outstanding third party bank statements

Client Instructions / Requests / Wishes

• Documentation preparation & execution of transactions authorised by TO
• Tested telex/fax instruction / approval - preparer and initiator (A/P)
• Relevant System Approval (if TSO is an authorised signatory), if not TO
• Daily tracking and reconcilement of client instructions
• Call back / MIFT - reconcilement
• Update notes on 4 series (depending on the tasks)

Corporate / PIC Maintenance Work

• Maintenance of Shareholder / Directors / Officers Register
• Maintenance of Register of Mortgages & Charges
• Registered Office / Government Fees
• Annual General Meetings of shareholders
• Preparation of Directors' Resolutions for the following (to be approved by TO):

• Purchase & Sale of Real Estate / Art Works / Shares of Private companies
• Purchase & Sale of Private Placement Mutual Funds (not publicly traded)
• Loans / Pledge / Credit / Mortgages
• Opening of new bank a/cs and closing of bank a/cs
• Issuance of LPOA or POA to clients, Professional 3rd parties
• Appointment of Property Managers, Portfolio Managers, Lawyers etc..
• Annual Returns & List

Termination

• Account Closing checklist & Termination Process (subject to review by TO)
• Archiving of closed files

Fee Billing

• Follow up & collection of all fee billing
• Payment of billings to 3rd parties / Agents / Lawyers etc.

Vaulting - Lodgement and retrieval Your Background

• Experience within a Trust or Banking environment an advantage
• Good computer literacy (Word, Excel, Outlook)
• Good verbal and written communication skills
• Flexible and prepared to undertake in a variety of functions
• Good time management and organisational skills
• Ability to work under pressure and meet strict deadlines
• High level of accuracy and attention to detail
• Good inter-personal skills
• Good team player

Interested parties please click "Apply Now" or contact Chevelle (EA Reg no: R1762272) at chevelle.tan@peoplebank.asia

Peoplebank Singapore Pte Ltd, EA Licence Number: 08C5248

EA Licence: 08C5248