Job Purpose
The Private Trust Officer supports the administration of trust structures and related fiduciary arrangements. The role is responsible for day-to-day trust operations, documentation and ensuring compliance with regulatory and internal governance requirements.
Job Duties And Responsibilities
- Provide support to Business Unit in relation to Private Trust Business
- Provide administrative and operational support to Trust Managers in the day-to-day management of trust structures.
- Assist in trust onboarding, including preparation and review of account opening documentation and due diligence requirements.
- Prepare trustee resolutions, exco minutes, distribution documentation and other trust-related materials for review by Trust Managers.
- Support execution of trust transactions, payments, asset transfers and investment related documentation.
- Maintain accurate trust records, statutory registers and document repositories in accordance with internal policies.
- Track outstanding documentation and follow up with relevant internal teams to ensure timely completion.
- Ensure proper documentation and approvals are obtained prior to trust-related activities.
- Assist in monitoring of trust accounts and administrative matters, highlighting exception to Trust Managers.
- Support audits, compliance reviews and regulatory reporting requirements.
Requirements
- Degree/Diploma holder in Business/Finance/Accountancy or related discipline
- 3 years of experience in trust administration, private banking operations or wealth management support preferred.
- Basic understanding of trust structures and fiduciary concepts
- Ability to work in a fast-paced environment, managing multiple priorities and tight turnaround timelines
- Resilience and ability to handle pressure
- Strong administrative and documentation skills
- Good coordination and stakeholder management skills
- Effective time management and prioritisation across completing deliverables
- High attention to detail and able to work independently.
Location:
DBS Asia Gateway
Job:
Operations
Schedule:
Regular
Employee Status:
Full time
