Job Description

The Global Trusts & Estates Practice of JPM Trust Company is an integral part of the services we offer to clients. With over 160 years of experience in serving as a corporate fiduciary for families, it is important that our Trusts and Estates services are delivered by the most capable people, with technical experience as well as the ability to interact well with a variety of types of families and individuals.

As a Vice President in the ITS business, you will work within the ITS business in Singapore to ensure that fiduciary services are delivered in a manner consistent with all legal, regulatory and internal requirements. You should have the ability to work independently with wealth advisors, client advisors and professional advisors, and will be expected to develop direct relationships with clients.

Job Responsibilities

Be primarily responsible for a portfolio of trust structures.
Partner with the Trust Administrators in the preparation, review and execution of documentation covering the relevant aspects of trust administration; including the onboarding of new trust structures and ongoing transactions including opening of new internal and external bank accounts, distributions, credit facilities, liquidations and transfers.
Collaborate with the respective client facing teams, including Client Advisors and Wealth Advisors, to ensure timely and accurate communication with settlors, beneficiaries and professional advisors.
Liaise with the business development team and new business approval team for the onboarding of new structures.
Liaise with the bank's operations team with regards to the opening of bank accounts.
Perform fiduciary reviews and other compliance and risk management tasks to ensure that the structures are administered in accordance with regulatory and group requirements.
Liaise with the trust accounting team to ensure timely and accurate preparation of financial statements for the trust structures.
Develop, retain and deepen trust account and client relationships through regular trust reviews and meetings.
Provide guidance to Trust Analysts.
Participate in various projects and duties as assigned by management.

Required Qualifications, Capabilities And Skills

Bachelor's degree or equivalent in any discipline
A minimum of 7 years fiduciary experience, including extensive client interaction, in an international environment.
In depth knowledge of trust law and legal/regulatory requirements affecting international fiduciary locations
TEP designation or working towards obtaining a TEP designation
The ability to evaluate and propose effective structuring solutions
The ability to assess fiduciary risk to make appropriate business decisions
Experience with cross-border tax and planning issues
Knowledge of investment and credit products and services
Proficiency in MS Office Applications; adaptive to new systems and technologies
Excellent written and oral communication skills
Ability to work in a team environment with minimum supervision

Preferred Qualifications, Capabilities, And Skills

Proficiency in Mandarin language is preferred as the team engages with clients located across the region in Hong Kong and China.

ABOUT US

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants and employees religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

Wealth Management - International Trust Services, Trust Officer - Vice President