Our client is seeking a Trust Officer to join their Trust Services Provider team. This full-time role involves working collaboratively within a supportive environment to deliver high-quality client trust services. The successful candidate will assist in the administration of a diverse range of trust structures and companies, ensuring compliance with statutory and regulatory requirements. You will play a key role in day-to-day operations, including the administration, governance processes, and monitoring of transactions for various clients. Additionally, you will have the opportunity to contribute to the continuous improvement of processes and service innovations that enhance client experiences while ensuring top-notch regulatory compliance and risk management.
Job Duties:
Administer a portfolio of trust structures in compliance with internal policies and Bermuda's statutory and regulatory requirements.
Assist in analysing and interpreting trust deeds and related documents, focusing on legal, tax, administrative, and investment issues.
Maintain up-to-date information on beneficiaries and their needs, ensuring adherence to the trustee's fiduciary duties.
Ensure that trust transactions are accurately recorded and that statutory registers are correct and complete.
Organise meetings by preparing agendas, drafting minutes, and follow up on action items.
Handle routine filings with the Registrar of Companies, Bermuda Monetary Authority, and other relevant government bodies.
Liaise with tax, accounting, legal advisors, investment managers, and banks as needed.
Respond independently to email queries and proactively engage within the business.
Request and review Client Due Diligence information to ensure compliance with AML/ATF, sanctions, and related requirements.
Maintain awareness of operational risk, AML, and compliance risks, taking appropriate actions to mitigate exposure and report issues to management.
Job Requirements:
At least 3 years of client-facing trust services experience.
Bachelor's Degree in a relevant field.
Holding or actively studying towards a Diploma in International Trust Management (STEP) is desirable.
Excellent verbal and written communication skills; minute-taking experience is a distinct advantage.
Strong attention to detail and exceptional organisational skills.
Experience with Viewpoint entity administration software or equivalent is desirable.
What You’ll Love:
You will appreciate a supportive work environment that fosters personal growth and professional development. Our client offers a competitive benefits package, including 25 days of annual leave with the option to buy/sell 5 days, a discretionary bonus scheme, private medical insurance from day one, pension, permanent health insurance, and life assurance.
Could this be your next move? Submit your CV confidentially to our friendly and dedicated recruitment team by clicking here.
