Principal Duties and Responsibilities
- Liaise with potential clients and attorneys, review potential trust business opportunities and trust referrals and prepare fee proposals
- Coordinate the client onboarding process in accordance with AGS policies and procedures
- Conduct risk assessments together with the Compliance Manager and submit client intake documentation for approval by the Business Acceptance Committee
- Provide day-to-day management and administration of a portfolio of trusts in accordance with applicable laws, regulations, and the terms of governing instruments
- Review trust documents where AGS is engaged as Trustee and ensure statutory and regulatory compliance, overseeing corporate governance and best practices
- Handle communications with beneficiaries and other persons connected with trusts in a timely and efficient manner
- Demonstrate an understanding of financial, investment and tax issues as they relate to clients and apply this to the day-to-day administration of cases, coordinating with tax and legal advisors (as necessary)
- Review client financial statements in a timely and accurate manner, and where applicable complete bookkeeping accurately and in accordance with policies and procedures
- Ensure client data for Trust engagements in ViewPoint is accurate and current in accordance with AGS policies and procedures
- Undertake periodic risk and client reviews on a frequency determined by the business
- Ensure all trust assets are correctly identified, allocated, protected and under full custody and control
- Follow up to obtain and maintain Know Your Client (KYC) and Anti-Money Laundering documentation in accordance with AGS procedures, as well as FATCA and CRS procedures
Knowledge, Skills and Experience Required:
- A minimum of 5 years’ knowledge and experience as a trust officer in the offshore trust and fiduciary services industry within a regulated financial services provider
- A legal, business or accounting degree
- Active professional membership with the Society of Trust and Estates Practitioners and full TEP qualification or willingness to undertake the STEP qualifications to become a full TEP
- An understanding of the principles and practices of trust and company administration, to include funds and SPVs with a proven track record in handling complex fiduciary issues
- A detailed understanding of different corporate and trust structures used in the offshore trust and fiduciary services industry and strong working knowledge of trust and corporate legislation
- A proven record in business development and the ability to develop and implement strategies for both existing and prospective clients
- A broad knowledge of the market in which AGS operates, consequently having the ability to balance client needs and AGS commercial expectations in developing client strategies
- The ability to recognise and respond to risk situations, in addition having excellent knowledge of anti-money laundering detection and reporting, compliance (KYC) regulations, policies and standards regarding due diligence
- Knowledge and experience of AML/ATF laws, FATCA and CRS requirements
- An understanding of the principles of double entry bookkeeping and ability to read, understand and critically review a set of company or trust accounts or other financial reports
- A sound understanding of the principles of managing financial assets, property and investments
- A keen attention to detail, good time management skills as well as a high degree of integrity, professionalism and a proven ability to maintain strict confidentiality
- Highly developed interpersonal and communication skills, both written and verbal
- Excellent time management, sound organizational skills and ability to work under time pressure and extended work hours when required
- Strong analytical and problem-solving skills
- Experience with ViewPoint, iManage, Microsoft Office and AdEx would be an asset
- DAO and fintech experience would be an asset
Remuneration will be commensurate with qualifications and experience.
Applications will be treated as strictly confidential.
Only applicants selected for an interview will be contacted.
Closing Date: 26 July 2024