Overview of Business Area:
A licensed Trust Company within a Private Bank is currently hiring a contractor role for Trust Manager (TM). TM will be completing the tasks involved to bring trusts and their underlying companies to state of closure.
Responsibilities:
- Complete the termination process for trust structures
- Notify client on termination, and obtain signed deeds and documents
- Working with Banking and Trust stakeholders to complete termination process
- Compliance
- Solution Structuring
- Legal
- Trust Accounting and Finance
- Bank Relationship Manager
- Transfer or liquidate Trust and Company
- Post-completion archiving
- Tracking of termination progress
Requirements:
- 1-2 years in Trust administration / corporate secretarial / account opening/closing / client documentation (KYC)
- Able to handle and progress termination status of each trust independently