Trust Officer
9 September by Search & Select
Reference ID: 205304
Duration:
Unspecified
Salary: To be advised
End Date: 1 Nov 2024
Job Description
Our client seeks a Trust Officer to join their team. Role Profile: To provide
and maintain a superior level of effective trust administration and service to
advisers, settlors and beneficiaries of trusts administered by the company Key
Responsibilities: High calibre of Written and Verbal communication
internally/externally. Proficient in dealing with advisers, clients and all
other parties associated with the trust or the underlying bond via telephone,
letters and email. Second checking for other team members when required.
Distributing emails/post across the team if required. Actively identifying
problem areas and offering various solutions whenever possible. Adhering to all
regulatory legislation and guidance and ensuring all compliance requirements are
met. Working as part of a team and acting as a role model. Working to, and
meeting deadlines. Ability to vet new trust business applications. Ability to
process annual reviews (and all associated tasks) and highlight issues, and
process any amendments to trust or client information. Ability to vet and
process investment switch requests. Ability to vet and process requests for
distributions to beneficiaries. Ability to vet and process assignments and
Requests for Payments. Liaise effectively with colleagues across the business to
ensure interdepartmental tasks are completed effectively. Key Skills and
Experience: GCSE (or equivalent) grade C or above English and Maths. Has
obtained or is prepared to work towards a Professional Qualification for
example, STEP, DipPFS, or equivalent. Minimum of 2 years' experience in
Financial Services. Good Knowledge of Microsoft Office Applications (Word,
Excel, Outlook). Ability to compose good standard of ad hoc letters/faxes. Basic
understanding of the taxation regime for offshore investment bonds and the UK
IHT regime for the taxation of trusts. Good understanding of the structure and
administration of bonds and investment options. Knowledge of the regulatory
framework (AML/KYC)Ability to meet individual targets and goals with accurate
results. Considerable experience within a customer facing administration role.
Excellent planning and organisational skills. Ability to work within a team or
on own initiative. Can maintain a high level of accuracy and still work within
agreed service standards. Ability to work under pressure. Excellent
understanding of Customer Service. Commitment to providing outstanding customer
service. Excellent telephone manner Technical If you have the required skills
please apply online at searchandselect.com quoting reference number: 14970