Job Description

Our Business

International Fiduciary Services (IFS) is a core business of the Private Bank, offering discretionary and directed trust products to meet the long-term estate planning needs of our wealthiest clients domiciled in Asia, Latin America and EMEA.

The Role

The successful candidate will work within the IFS business in Singapore to ensure that fiduciary services are delivered in a manner consistent with all legal, regulatory and internal requirements. The candidate should have the ability to work independently with wealth advisors, client advisors and professional advisors, and will be expected to develop direct relationships with clients.

Key Responsibilities:

• Being primarily responsible for a portfolio of trust structures.
• Partnering with the Trust Analysts in the preparation, review and execution of documentation covering the relevant aspects of trust administration; including the onboarding of new trust structures and ongoing transactions including opening of new internal and external bank accounts, distributions, credit facilities, liquidations and transfers.
• Collaborating with the respective client facing teams, including Client Advisors and Wealth Advisors, to ensure timely and accurate communication with settlors, beneficiaries and professional advisors.
• Liaison with the new business approval team for the onboarding of new structures.
• Liaison with the bank's operations team with regards to the opening of bank accounts.
• Performing fiduciary reviews and other compliance and risk management tasks to ensure that the structures are administered in accordance with regulatory and group requirements.
• Liaison with the trust accounting team to ensure timely and accurate preparation of financial statements for the trust structures.
• Develop, retain and deepen trust account and client relationships through regular trust reviews and meetings.
• Provide guidance to Trust Analysts.
• Participate in various projects and duties as assigned by management.

Qualifications/ Attributes:

• At least a Bachelor Degree in any discipline
• A minimum of 5 years fiduciary experience, including extensive client interaction, in an international environment
• In depth knowledge of trust law and legal/regulatory requirements affecting international fiduciary locations
• TEP designation or working towards obtaining a TEP designation
• The ability to evaluate and propose effective structuring solutions
• The ability to assess fiduciary risk to make appropriate business decisions
• Experience with cross-border tax and planning issues
• Knowledge of investment and credit products and services
• Proficiency in MS Office Applications; adaptive to new systems and technologies
• Excellent written and oral communication skills
• Ability to work in a team environment with minimum supervision
• Alongside fluent English, proficiency in Mandarin is a plus as the job holder is required to support Mainland China market.

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.