We are seeking a Director - Trust Administration for our Family office client.
This role will be responsible for the day to day administration of a number of off-shore trusts.
This is a varied position, that will require a high level of communication both written and verbal to be successful, the ideal candidate may come from a legal background.
Your role:
Manage communications and reporting to beneficiaries as well as assist beneficiaries with regulatory compliance related to distributions.
Oversee trusts' investment activities and compliance.
Administer the trusts investments in accordance with the documents, review redemptions or sales to pay trust expenses and distributions.
Support economic interest allocation policies and appointment processes for beneficiaries.
Implement economic interest allocations and distribution policies.
Prepare documentation for distributions to beneficiaries, including charitable allocations and distribution annual report
Coordinate quarterly financial statements, prepare net asset valuation management
Oversee annual audits and financial reporting.
Review the preparation of quarterly cash flow forecasts of each trust
Ensure compliance with tax laws and regulations (FATCA, CRS, AML, KYC).
Prepare compliance and risk management reports.
Manage records and information policies.
Oversee service providers and statutory compliance.
Qualifications:
Bachelor's degree in a related field (business, accounting, finance, or legal).
MBA or LLM preferred; relevant certifications (TEP, CTFA, CFA) are a plus.
10+ years of experience in offshore trust management and fiduciary services and ideally some experience in finance, accounting, and compliance.
Strong analytical abilities and attention to detail.
Excellent communication and organizational skills.
Ability to manage multiple priorities in a fast-paced environment.
Proficient in analyzing data and developing solutions.