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a lovely widescreen perspective of some grass.

Head Trust Administration

Location: Bahamas

Salary:

The Role-Holder is responsible for the management of the Trust Administration department with 30+ people. The duty of the department is the administration and management of companies and trusts by performing the following tasks:
  • Checking trust deed provisions and requirements in relation to: capital and income distribution requests, loans, pledges, guarantees, investment appointments, account opening
  • Changes of documents of structures (Trust Deeds, LOW, etc.)
  • Termination of structures
  • Ensuring that Trustee, Director and Shareholder meetings are held as necessary
  • Interaction with Wealth Planners and Client Advisors globally and to a lesser extent with settlors and beneficiaries
  • Maintaining accurate statutory records
  • Review of structures periodically
  • Monitoring of all client activities, including transactions.

RESPONSIBILITIES:
  • results-oriented leadership
  • active management of teams, based on the leadership principles
  • ensure that an efficient and high quality service is provided
  • ensure compliance with internal guidelines and control principles and adherence to local regulatory and legal requirements.
  • deal with the most complex client groups.
  • reply to client requests in more complex non-standard situations.
  • anticipate client needs, identify short and long term solutions.
  • lead teams with a range of functions or higher complexity or several smaller/medium-sized teams with the same function.
  • prioritize organizes own work to deliver against agreed deadlines and agreed
  • objectives
  • develop the Trust Administration Department to achieve efficiency gains, to strengthen controls based on internal or external guidelines.
  • ensure proper risk management within the Trust Administration Department.