Head of Trust - Bank Trustee

The Head of Trust will lead the Trust Services division, overseeing the administration, development, and compliance of trust structures for ultra-high-net-worth individuals (UHNWIs). This role is critical in ensuring fiduciary excellence, regulatory compliance, and the strategic growth of the bank's trust business in Singapore and the region.

Key Responsibilities:

• Leadership & Strategy

  • Lead and manage the Trust Services team, ensuring high standards of client service and operational efficiency.
  • Develop and execute the strategic direction of the trust business in alignment with the bank's private banking goals.
  • Represent the trust business in internal committees and external industry forums.

• Client Relationship Management

  • Act as a senior point of contact for key clients and intermediaries.
  • Provide expert advice on trust structures, estate planning, and fiduciary solutions.
  • Support relationship managers in structuring bespoke trust solutions for clients.

• Risk & Compliance

  • Ensure full compliance with MAS regulations, FATCA, CRS, and internal policies.
  • Oversee risk management processes, including KYC/AML, due diligence, and periodic reviews.
  • Maintain robust governance and control frameworks.

• Operational Oversight

  • Supervise the administration of trust accounts, ensuring accuracy, timeliness, and adherence to trust deeds.
  • Oversee documentation, reporting, and audit processes.
  • Drive process improvements and digital transformation initiatives.

• Team Development

  • Mentor and develop trust officers and managers.
  • Foster a culture of continuous learning and professional development.
  • Ensure succession planning and talent retention.
    
    

Qualifications & Experience:

• Bachelor's degree in Law, Finance, Accounting, or related field; STEP qualification preferred.
• Minimum 12+ years of experience in trust administration, with at least 5 years in a leadership role.
• Strong knowledge of Singapore trust law, international fiduciary standards, and cross-border estate planning.
• Proven track record in managing HNWI/UHNWI client relationships.
• Excellent leadership, interpersonal, and communication skills.
• Ability to work collaboratively across departments and jurisdictions.
• Multilingual capabilities (especially Mandarin or regional languages) are a plus.
  

Desired Skills and Experience

The Head of Trust will lead the Trust Services division, overseeing the administration, support the wealth planning team and compliance of trust structures for ultra-high-net-worth individuals (UHNWIs). This role is critical in ensuring fiduciary excellence, regulatory compliance, and the strategic growth of the bank's trust business in Singapore and the region.