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:
RESPONSIBILITIES:
- 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.
