Senior Trust Practitioner

  • Aquarius Recruitment Specialists
  • Cape Town, Western Cape, South Africa
  • Oct 12, 2017
Permanent Banking

Job Description

Job Description
• To take on the role of professional nominee of approximately 200 high asset value trusts (market value of assets in excess of R5 million) and to provide specialist trust services to high net worth clients and in support of other business development activities within the Company

Job Specification
• Act as professional trustee and manage relationships with all stakeholders on a book trust clients. Consisting of testamentary, inter vivos and 3rd party trusts. Duties will include the following
o General risk management and governance of the Trust
o Compliance with all relevant legislation
o Protection of Trust assets
o Providing of expertise as professional trustee
o Co-ordination of administration, bookkeeping, compliance and legal functions
o Conducting trustee meetings
o Drafting of resolutions
o Liaison between all stakeholders, ie. Investment managers, beneficiaries, trustees, settlors, SARS, accounting and tax consultants and all other third parties

Qualifications
• Essential Qualifications
o Matric / Grade 12 / National Senior Certificate
o Advanced Diplomas/National 1st Degrees
• Preferred Qualifications
o Law Degree; or
o Commerce Degree majoring in Finance preferably
o Higher Diploma in Tax or HDIP Tax will be an advantage
o Postgraduate Diploma in Financial Planning will be an advantage
o Admitted legal practitioner
o Registered tax practitioner - SAIT
o CFP®
o FPSA
o STEP
o FAIS

Experience
• Minimum five years' working experience in a similar role within the private-wealth environment

Industry Exposure
• Working with a group to identify alternative solutions to a problem
• Capturing data
• Completing various administrative and secretarial duties (e.g.; answering phones; making copies; filing)
• Checking accuracy of reports and rec
• Communicating internally
• Managing conflict situations
• Drafting reports
• Sharing information in different ways to increase stakeholders understanding
• Building and maintaining effective cross-functional relationships with internal and external stakeholders
• Managing customer expectations
• Comparing two or more sets of information
• Interacting with diverse people
• Interacting with external clients
• Tracking cost against a budget
• Working in a fast-paced and changing environment
• Working in a team
• Working with spread sheets

Key Skills and Competencies
• Microsoft Office
• Administrative procedures and systems
• Data analysis
• Business writing skills
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Banking knowledge
• Banking procedures
• Cluster Specific Operational Knowledge
• Business principles
• Business terms and definitions
• Governance, Risk and Controls

Behavioural Competencies
• Customer Focus
• Work Standards
• Contributing to Team Success
• Communication
• Managing Work (includes Time Management)
• Building Partnerships

 

Job Level

Skilled

Salary Range

Negotiable