Trust Administration Specialist

BDO South Africa; Rosebank; On-site; ZAR 360,000 - 480,000; Full time

Job summary

BDO South Africa is hiring a Trust Specialist to manage an allocated portfolio of trusts and provide trustees with professional trust administration support. The role covers onboarding, governance, compliance, meetings, resolutions and annual administration.

The ideal candidate will have about 5 years in trust administration, knowledge of the Trust Property Control Act and FICA, and progression towards a fiduciary qualification.

Qualifications

• 5+ years experience in trust administration
• Advanced Diploma in Estates and Trust Administration would be an advantage
• A good working knowledge of the Trust Property Control Act, FICA, beneficial ownership and Master of the High Court processes
• Membership of FISA or STEP, or progress towards a relevant fiduciary qualification

Responsibilities

• Managing an allocated portfolio of Trusts
• Attending to all aspects of trust administration including onboarding, governance, compliance and recordkeeping
• Reviewing trust deeds and Letters of Authority, and maintaining accurate trustee, beneficiary, beneficial ownership, FICA
• Preparing trustee resolutions, meeting agendas and minutes, coordinating annual financial statements, tax, banking and investments
• Preparing and coordinating trustee appointments, resignations, removals, trust amendments and deregistrations, and responding to Master of the High Court queries
• Monitoring annual and statutory deadlines, compliance matters, and escalating legal, tax, governance or risk concerns
• Invoicing
• Communicating with trustees, beneficiaries, clients and stakeholders

Skills

Trust administration

FICA knowledge

Governance & compliance

Communication skills

Education

Advanced Diploma in Estates and Trust Administration

Fiduciary qualification progress

Job description

BDO South Africa is hiring a Trust Specialist to manage an allocated portfolio of trusts and provide trustees with professional trust administration support. The role covers onboarding, governance, compliance, meetings, resolutions and annual administration.

The ideal candidate will have about 5 years in trust administration, knowledge of the Trust Property Control Act and FICA, and progression towards a fiduciary qualification.