Trainee Trust Administrator
Job Description:
Trainee Trust Administrator is responsible for assisting with the establishing, maintaining and terminating trust/company structures, and may include some or all of the following functions:
- Maintaining accurate statutory records and updating computer database and electronic records;
- Checking trust deed provisions and requirements particularly in relation to capital and income distributions, loans, pledges, guarantees, investment/asset manager appointments and asset transactions to ensure compliance with the terms of the trust;
- To become familiar with and attain a working knowledge of the companies and trusts laws and regulatory requirements (in particular Jersey laws);
- Checking and reviewing company's articles of association to ensure activity is compliant with its terms;
- Preparing and processing bank transfer instructions with the relevant checklist;
- Undertaking PEP and Initial reviews, together with assisting with the clearing of periodic review action points;
- Assisting the trust administrator to ensure that Trustee, Director and Shareholder meetings are held as necessary, with minutes and resolutions prepared;
- Providing administrative support to the team as required;
- Compliance with internal processes, guidelines and best practices according to regulatory requirements and company policy;
- Working within clearly defined processes with instruction, guidance and direction when required; and
- Other projects as assigned and other duties that may be deemed appropriate to this role.
Competencies:
- Attention to detail;
- Strong time management and organisational skills;
- Willingness to study for professional qualifications;
- Excellent interpersonal skills and ability to communicate effectively with clients and colleagues at all levels; and
- Ability to work under pressure and meet deadlines.
Professional Qualifications and Minimum Relevant Experience:
- No professional qualifications required entry level position; and
- General competency in Microsoft Office e.g. Word, Excel, and Outlook.
Required Skills:
Capital Outlook Compliance Resolutions Structures Regulatory Requirements Word Loans Articles Instructions Reviews Attention To Detail Excel Interpersonal Skills Records Pressure Time Management Microsoft Office Management