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A leading global business services provider in Singapore is seeking an Associate Trust Operations Administrator. This role involves maintaining trust accounts, ensuring compliance with regulations, and assisting Trust Managers with client services. Candidates should have 1-2 years of relevant experience and strong accounting knowledge. The position requires excellent communication skills and the ability to work effectively within a team in a hybrid work setup.
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Associate Trust Operations Administrator
Monday - Friday, 9.00am - 6.00pm
Hybrid
Maintain and reconcile trust accounts in accordance with regulatory standards.
Review trust account reconciliations, journal entries, and financial statements prepared by ACE team.
Raise ad-hoc invoices in SAP Hana and manage billing and credit control.
Ensure compliance with FATCA/CRS reporting and filing requirements for onshore/offshore jurisdictions.
Save accounting documents and assist in audits and trust reviews.
Monitor and review trust-related transactions for accuracy, legitimacy, and compliance with AML/CFT regulations.
Perform due diligence checks for injections, distributions and payments.
Escalate suspicious transactions and ensure proper documentation for compliance reporting.
Assist Trust Managers in delivering trust and corporate services, including:
Prepare supporting documents for bank account opening (including KYC) and scan/upload documents.
Follow up on account opening status and inform the accounting team.
Update KYC information with banks and maintain compliance records.
Update VP system with client contacts and asset details (as VP Superuser).
Instruct and train ACE team to update VP accurately.
Merge and save files (e.g., ACRA receipts) and maintain accurate records.
Correspond with SG Admin, SG Finance, and other stakeholders on new initiatives and process flows.
Track fee agreements and services for project-based engagements.
Efficiently lead and manage ad hoc initiatives and projects.
Prepare share certificates, incorporation documents, structure charts (PPT format), and common seals.
Handle BVI invoices, government surveys, SBF membership fees, PC mail support, and NAV statement retrieval.
Send invoice chasers and maintain proper documentation.
What technical skills, experience, and qualifications do you need?
1-2 years’ experience in private trust, audit, legal, accounting or tax industry
Have relevant and/or adequate accounting knowledge
Familiar with local governing trust laws and regulations, and standard AML policies and requirements by Financial Institutions
Driven, energetic and self-motivated
Possess excellent communication and interpersonal skills and ability to work effectively in a team
CSC is a global business, legal, and financial services company based in Wilmington, Delaware, USA, providing knowledge-based solutions to clients worldwide. We have offices and capabilities in over 140 jurisdictions in the Americas, Europe, Asia Pacific, and the Middle East, and more than 8,000 colleagues. We are the business behind business.®
Visit our careers site to learn more about CSC and our commitment to our clients, communities, and each other.
CSC is committed to creating a feeling of belonging through a diverse and growth-oriented environment where everyone is valued.
CSC colleagues have global career opportunities and excellent benefits, including annual success-sharing bonuses or commission plans based on individual performance. To learn more, visit cscglobal.com/service/careers .
We offer a range of support to colleagues with disabilities, ensuring people have the necessary resources to thrive in their roles. We encourage candidates to work closely with our talent acquisition partners to convey their specific needs. Our commitment to accessibility reflects our broader dedication to diversity and belonging,
CSC only accepts resumes from employment agencies that are part of our approved supplier program. Resumes submitted from other agencies either to talent acquisition, our hiring leaders, employees, or through any other mechanism other than our supplier process, will not be eligible to claim related fees and the submitted resumes will be considered property of CSC.
We encourage candidates to apply directly to our website and not through third-party sources.
Disclaimer: The information above describes the general nature and level of work performed by employees in this role. It is not intended to describe all duties, responsibilities, and qualifications.
At CSC®, we’re always looking ahead, finding ways to innovate, challenge the status quo, and anticipate the needs of our clients. We exceed expectations by adapting client ambitions and goals as our own. This Fierce Client Spirit has helped us adapt and create solutions that have enabled businesses to run smoother and smarter for more than 125 years. It’s also the reason we’re the trusted partner of many of the world’s most successful organizations.
CSC is committed to attracting, developing, and retaining talented people whose values align with ours. We empower our colleagues to bring the right solutions to market to meet client demand. That’s why we are the leading provider of business administration and compliance solutions.