Officer, Relationship Trust

Standard Bank Group; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

An innovative financial institution is seeking a highly skilled Officer, Relationship Trust to enhance client relationships and manage trust accounts. This pivotal role involves providing expert advice on trust structures and estate planning, ensuring compliance with regulations, and collaborating with professionals to implement complex arrangements. The ideal candidate will have a strong background in trust management, excellent analytical and communication skills, and a passion for delivering tailored financial solutions. Join a dedicated team that values growth and meaningful client interactions in a dynamic environment focused on creating value across Africa.

Qualifications

• 3-5 years' experience in trust management or related financial services.
• In-depth knowledge of trust laws and financial markets.

Responsibilities

• Manage client relationships and administer trust accounts effectively.
• Provide expert advice on trust structures and estate planning.

Skills

Analytical Skills

Communication Skills

Problem-Solving Skills

Attention to Detail

Client Relationship Management

Education

Bachelor's degree in Finance

Professional certifications in trust management

Tools

Financial Software

Job description

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

We are seeking a highly skilled and trustworthy Officer, Relationship Trust to join our esteemed financial institution in Johannesburg, South Africa. In this pivotal role, you will be responsible for managing and nurturing client relationships whilst ensuring the effective administration of trust accounts and estate planning services.

1. Develop and maintain strong, long-lasting relationships with trust clients and their families
2. Provide expert advice on trust structures, estate planning, and wealth management strategies
3. Analyse and assess clients' financial situations to recommend appropriate trust solutions
4. Ensure compliance with all relevant trust laws, regulations, and internal policies
5. Collaborate with legal and tax professionals to implement complex trust arrangements
6. Monitor and review trust portfolios, making informed investment decisions
7. Prepare and present detailed financial reports and proposals to clients
8. Identify and pursue new business opportunities to grow the trust portfolio
9. Act as a key point of contact for high-net-worth individuals and families
10. Stay abreast of industry trends, regulatory changes, and best practices in trust management

Qualifications

1. Bachelor's degree in Finance, Business Administration, or a related field
2. Professional certifications in trust management or financial planning

Required Experience

1. Minimum of 3-5 years' experience in trust management or related financial services
2. In-depth knowledge of trust laws, regulations, and financial markets
3. Strong analytical skills with the ability to assess complex financial situations
4. Excellent communication and interpersonal skills to build and maintain client relationships
5. Proven track record in providing tailored trust and estate planning solutions
6. Proficiency in financial software and tools used in trust management
7. Attention to detail and ability to manage multiple client accounts simultaneously
8. Strong problem-solving skills and ability to work under pressure
9. Understanding of investment strategies and portfolio management principles
10. Familiarity with South African financial regulations and tax laws

Additional Information

Behavioural Competencies:

1. Articulating Information
2. Checking Things
3. Conveying Self-Confidence
4. Embracing Change
5. Following Procedures
6. Interacting with People
7. Meeting Timescales
8. Producing Output
9. Resolving Conflict
10. Team Working
11. Thinking Positively
12. Upholding Standards

Technical Competencies:

1. Client Knowledge
2. Client Servicing
3. Customer Understanding ( Consumer Banking)
4. Risk Awareness
5. Risk Identification