Kensington Trust Singapore Limited – Trust Administrator

Company
Kensington Trust Singapore Limited
kensington-trust.com
Designation
Trust Administrator
Date Listed
16 Jul 2024
Job Type
Entry Level / Junior Executive, Experienced / Senior Executive
Full/Perm
Job Period
Immediate Start, Permanent
Profession
Admin / Secretarial
Industry
Finance
Location Name
Robinson Road, Far East Finance Building, Singapore
Address
14 Robinson Rd, Singapore 048545
Map
Allowance / Remuneration
$4,000 - 6,000 monthly
Company Profile

Kensington Trust Singapore Limited established its presence in Singapore in 2015. The company is part of the Kensington Trust Group that formed a strategic alliance with JTC Group (Jersey).

Trust services include assistance to help individuals, families, and businesses establish and administer the trusts. Our fiduciary role includes acting in the best interests of our clients, ensuring proper compliance are adhered to when managing and administering to the assets. We may act in capacity as trustees, executors or administrators of estates, ensuring that assets are distributed according to the wishes or wills of the client or in accordance with legal requirements.

In August 2016, Kensington Trust Singapore Limited was granted a license by the Monetary Authority of Singapore to conduct trust business, offering specialised jurisdiction-specific fiduciary solutions.

Overview

To ensure a corporation thrives, we believe you need expertise not just in the day to day operations but also behind the scenes. Just like a skilled and dedicated landscape artist who can create an amazing sculptured garden, JTC Kensington has the know-how to nurture your corporate or fiduciary interests, ensuring a corporation or an entrepreneurial enterprise thrives.

With a hand-picked team of experienced professionals in the trust and fiduciary business, JTC Kensington can help you manage and administer cross border business activities; set up and administer private trusts; and provide corporate management and administrative services.

This leaves you and your management team free to concentrate on what you do best while we support you with how, where and when.

Our Mission

JTC Kensington aims to live up to its well-known namesake in the United Kingdom with its intricate formal gardens, squares, palaces and museums. Not just in its physical features but also in our depth of knowledge and understanding of the trust and fiduciary business.

Given the collective experience of our team, we have in-depth knowledge of structures and we work with advisors in the implementation of these structures. We understand the role of proper management as a pillar in sustaining long term relationships with clients. In this context, our operating philosophy centres on our commitment, hard work and dedication rather than number of clients or assets under administration.

In brief, our mission will be driven by a single-minded passion –

'Our Hands at Work' – and the proof will be seen in how we deliver on our projects.

Our Vision

We aim to be the preferred Trust Group with expertise and knowledge in understanding and fulfilling Clients needs; We nurture a culture deriving satisfaction from growing our Business and recognizing & rewarding our Employees.

Our Business Principles

We put our Clients First We value our Employees We enhance our Shareholders' value

Our Services

We help our clients achieve the success their business deserves. We take care of all their business corporate needs through our complete suite of Accounting, Payroll, and Corporate Secretarial services that covers all aspects of setup and ongoing company administration, and Trust and Trustee Services.

Visit our website at https://www.kensington-trust.com/our-services/ktg-services/

Job Description

Your next opportunity

Be a part of the Trust team that acts as the key contact point for clients to assist and resolve clients’ issues. The Trust Administrator will work closely with and assist the Trust Department Head(s) in ensuring all the data of the Clients, the trust structure and its assets are properly recorded and maintained within the Company’s activities.

Key Responsibilities:

  • Trust and Estate Administration: Managing the day-to-day administration of trust portfolios, including but not limited to opening new bank or brokerage accounts, distribution to beneficiaries, fund transfer, and investment management.
  • Carry out periodic reviews of assigned trust portfolios to ensure they are being administered in accordance with the trust deeds, the company’s policies, and legal and tax requirements.
  • Maintaining accurate and updated trust records. Create Viewpoint Master files, set up and uploaded all trust documents into ViewPoint and maintenance of all necessary principal records and trust files.
  • Acts as a primary point of contact for trust clients and ensures transparency in trust administration by providing high-quality customer service to clients, building strong relationships, and maintaining a client-focused approach.
  • Ability to draft trustee minutes, resolutions, or any trust related documents.
  • Administration of trusts and foundations, including its underlying structure and portfolios.
  • Work closely with other departments to coordinate services for clients.
  • Collaborate with professional advisors, investment managers and banks in the management of the assets of the trusts and foundations.

Qualifications Requirements:

  • Bachelor's degree in business administration, law, finance, accounting, or relevant field.
  • Minimum 3 years of experience in Trust Administration or relevant.
  • Solid understanding of relevant trust laws and regulations related to trusts, estate planning, taxation, and fiduciary responsibilities.
  • Strong analytical skills, attention to detail, and problem-solving abilities.
  • Excellent communication skills, both written and verbal.
  • Ability to work in a discreet and utmost confidentiality with high ethical standards to protect clients' data.
  • STEP qualification will be an added advantage.

What We Offer:

  • We offer a competitive salary and benefits package, a collaborative work environment, and opportunities for growth and development.
  • Hybrid working arrangement for confirmed staff

We regret to inform you that only shortlisted candidates will be notified.

This position is already closed and no longer available.  You may like to view the other latest internships here.

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