Private Trust Associate
5 days ago
Representing our Asian-based regulated financial entity, with offices located in Hong Kong, Taiwan and SE Asia, to search for a trilingual Private Trust Associate.
Job Duties- Manage daily trust administration and ongoing operations including vesting of shares, injection/distribution of assets, incorporation of holding company, bank account openings.
- As the key gatekeeper in reviewing trust and KYC documents in accordance with the proper compliance.
- Maintain client relationships and conduct regular reviews to cope with clients' trust needs.
- Liaise with both internal and external parties such as lawyers, bankers and accountants.
- Preparation of a full set of trust-related documents including trust deed, letter of wishes, trustee resolutions and other statutory documents.
- Resolving daily enquiries from affluent professional investors.
- Accountable for managing life insurance case management for UHNW Private Clients in Greater China markets.
- Serve as the bridge between insurance companies, private bankers and Clients.
- Support Bankers/Clients with medical booking, and preparation of documents for new/annual renewal of applications to ensure compliance with regulatory requirements.
- Assisting Relationship Banker(s) to provide high-quality services to high-net-worth individual clients in Greater China, SE Asia and Hong Kong Markets.
- Working closely with external counterparties in account opening, pricing quotation, bank and fund operations.
- Participating in ad hoc regional and local projects.
- KYC, Name Screening & Account Documentation.
- Responsible for name screening, KYC and existing client accounts documentation support.
- Conduct basic due diligence checking under respective AML requirements.
- Trigger events and post transactional review.
- Oversight KYC and Client On-Boarding functions.
- Report to the Regional Head of KYC.
- Assume team lead functions to oversight KYC and client onboarding for low to high risk cases.
- Accountable for CDD Review to ensure fulfilment of regulatory, corporate governance.
- Degree holder in law, accounting, business related disciplines.
- Relevant 4 years of working experience in Private Wealth Management/trust companies.
- Experience in customer service or administrative support roles is preferred.
- Familiar with MS Excel.
- Able to work under pressure with high efficiency.
- Detail-oriented and able to work with a high level of accuracy.
- Strong communication skills and self-motivated.
- Fluent in both spoken and written English and Chinese.
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