Trust Manager

Apex Group Ltd; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global financial services provider based in London is seeking an experienced trust manager to handle a diverse portfolio of UK trusts. The ideal candidate will possess a STEP qualification and at least five years of relevant experience. Responsibilities include managing trusts, preparing tax calculations, and maintaining client relationships. This role offers competitive compensation and opportunities for professional development.

Qualifications

• 5 years of relevant industry experience required.
• Sound technical knowledge of trusts and estates.
• Ability to act as a point of contact for clients.

Responsibilities

• Manage a varied portfolio of UK trusts.
• Prepare and review all tax calculations.
• Ensure compliance with legal requirements.

Skills

Trust portfolio management

Client relationship management

Tax calculations

Regulatory compliance

Education

STEP qualification or equivalent

Job description

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Role Purpose

To manage a varied portfolio of UK trusts, and deal with estate administration.

Competently and autonomously manage a portfolio of trusts and estates and have client relationship management responsibility. Carry out duties in a professional manner and in accordance with policies and procedures, legal/regulatory requirements, service levels and company standards so as to meet with business expectations.

Accountabilities & Main Responsibilities

To manage a portfolio of trust structures and estate administration in all aspects, in accordance with the relevant documentation and all new and amended legislation, case law and practice, including but not limited to:

• Arrange income and capital distributions to beneficiaries and to correctly document the same.
• Prepare and review all tax calculations for your client portfolio.
• Maintain and monitor diary notes and workflows for your client portfolio on CCH Central
• Ensure that the investment policy statement is relevant, up to date and any restrictions correctly documented.
• Prepare and maintain accurate trust summaries across your client portfolio.
• Deal with the establishment of new structures and the onboarding of new clients, in accordance with company policy and procedures
• Deal with the termination of trusts following the death of a life tenant, coming of age or other event ensuring that all trust closing procedures are followed.
• Be responsible for the annual fees calculated for your portfolio of clients. Capture additional work undertaken and invoice this as agreed with Senior Management.
• To be responsible for the client relationship management for own portfolio of clients. To ensure service delivered meets company policy and/or service level agreement.
• Represent the Group to beneficiaries, potential clients and their professional advisers.
• Participate and provide support to all new business activities.
• Liaise with the Operations Team as appropriate with regards to billing, data entry and bank reconciliations
• Contribute to any relevant tasks arising out of on-going projects.
• Ensure that the client information on CCH Central is accurate at all times.
• Provide accurate and timely monthly reports of key management information to Senior Management or as required.
• Review the work of junior members of the team for completeness and accuracy.

Additional Responsibilities

• Report any identified issues and risks, including legal/regulatory matters and client complaints, to senior management promptly;
• Ensure that all compliance and mandatory training is completed within required timescales.
• To act in accordance with all legal and regulatory requirements affecting the Company and ensuring that actions comply with both departmental procedures and this job description.
• Ensure personal development records are kept up-to-date on relevant systems and annual/semi-annual appraisals are held and documented in a timely manner

Qualifications & Skills

• The jobholder must be STEP qualified or equivalent.
• Typically 5 years of relevant industry/specialist experience
• Has sound technical knowledge of their respective field
• Act as a point of contact with internal or external clients/stakeholders
• The jobholder will be required to manage a portfolio of trusts and requires a combination of accounting, taxation, legal, investment, and commercial experience.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.