Trust Admin Specialist | AML/KYC & Account Onboarding

British and Malayan Trustees Limited; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

British and Malayan Trustees Limited in Singapore is seeking an experienced Trust Administrator to manage day-to-day administration of a portfolio of trust accounts, reporting to the Head of Trust Administration.

Responsibilities include onboarding new clients with AML/KYC checks, drafting trust documents, asset transfers, liaison with lawyers/tax advisers/bankers, and distributing funds to beneficiaries per the Trust Deed. You will also perform periodic reviews and nurture client relationships.

Qualifications

• 2-4 years of proven Trust and Company administration experience
• Degree/ Diploma holder (Accounting preferred)
• STEP qualified or part qualified / pursuing
• Clear track record of garnering client confidence in trust structures
• Strong written and verbal communication skills
• Ability to work under pressure to meet deadlines

Responsibilities

• Onboard new clients and obtain AML/KYC documentation
• Draft trust documents such as resolutions and letters of wishes
• Assist in asset transfers into the Trust setup and opening bank accounts
• Coordinate collection of earnings, dividends or sale proceeds
• Liaise with lawyers, tax advisors and bankers for trust structures
• Distribute funds to Beneficiaries per the Trust Deed
• Perform periodic reviews of trust estates under administration
• Manage and develop relationships with existing trust clients
• Address risks from annual reviews of trust structures
• Undertake ad hoc assignments
• Raise AML/KYC issues to management promptly

Skills

Onboarding

AML/KYC

Communication

Client relationship

Attention to detail

Team player

Independent

Education

Accounting degree/diploma

Job description

British and Malayan Trustees Limited in Singapore is seeking an experienced Trust Administrator to manage day-to-day administration of a portfolio of trust accounts, reporting to the Head of Trust Administration.

Responsibilities include onboarding new clients with AML/KYC checks, drafting trust documents, asset transfers, liaison with lawyers/tax advisers/bankers, and distributing funds to beneficiaries per the Trust Deed. You will also perform periodic reviews and nurture client relationships.