Trust Operations Officer

Maybank; Taguig; On-site; PHP 420,000 - 720,000; Full time

Job summary

Maybank is seeking a Trust Operations Officer responsible for booking and settling trust transactions in line with BSP regulations. The role ensures accurate records, client reporting, and timely financial documentation.

The candidate should have 1+ year in Trust Operations or related fiduciary areas, with BSP-compliant training and a background in banking operations. A business degree is preferred and professional certification is advantageous.

Qualifications

• Experience in Trust Operations or Trust/B fiduciary activities is required.
• Understanding of BSP regulations and banking regulatory framework is needed.
• Solid grasp of financial reporting and client document accuracy.

Responsibilities

• Record and settle trust transactions in accordance with BSP regulations.
• Monitor trust activities and ensure accurate client reports.
• Maintain up-to-date internal records and documentary controls.
• Drive process improvements to enhance operational efficiency.
• Ensure compliance with bank policies and BSP/regulatory requirements.

Skills

Trust Operations

Regulatory Compliance

Financial Reporting

Banking Operations

Education

Bachelor's degree in Finance/Economics/Business Administration

Job description

Your Role

The Trust Operations Officer is responsible for Trust Accounting, Settlements, and Operations of the department. This role is essential in ensuring that all MPI Trust transactions are accurately booked and properly settled in compliance with the bank's policies and the regulations set by the Bangko Sentral ng Pilipinas (BSP).

Your Impact

• Ensure that all trust transactions, such as the purchase or sale of securities, money market activities, subscription and redemption of funds, and other related transactions are accurately recorded in accordance with bank policies and BSP regulations
• Monitor all trust transactions, including purchases, sales, money market activities, subscriptions, and redemptions
• Ensure accuracy and completeness of client reports and documents
• Continuously improve and streamline operational procedures to enhance efficiency
• Ensure all operations are in compliance with bank policies and regulatory requirements set by the Bangko Sentral ng Pilipinas (BSP) and other relevant authorities
• Prepare and submit timely and accurate financial reports
• Maintain accurate and up-to-date internal records and reports
• Manage the inventory of accountable forms and monitor securities.

Your Profile

• College graduate of any business course, preferably in the field of Finance, Economics, or Business Administration
• At least 1 years in Trust Operations, OR at least 1 years in Trust Business and must have completed at least 90 training hours in Trust, Other Fiduciary Business or Investment Management activities acceptable to BSP
• At least 1 years actual experience as officer of a bank and must have completed relevant global or local professional certification program
• Understanding of Regulation for banks and Non-Bank FIs.
• Must have certification : Trust 1-year course (TIFP)