South Africa: Trust Administrator – 3 month contract (Banking) posted by Isilumko Staffing

About the Role

Our client, a respected player in the banking sector, is currently seeking an experienced Trust Administrator to join their professional team. The ideal candidate will have a solid background in trust and fiduciary administration, excellent organisational skills, and a proactive, client-focused mindset.

This role involves managing a portfolio of trusts and related entities, ensuring accurate administration in line with legal, regulatory, and client-specific requirements.

Key Responsibilities

• Administer trusts, companies, and other fiduciary structures according to governing documents and relevant laws.

• Manage trust accounting, including payment processing, investment monitoring, and financial record keeping.

• Liaise with clients, beneficiaries, legal advisors, and tax consultants to address inquiries and provide updates.

• Ensure compliance with all internal procedures and regulatory obligations (e.g., FATCA, CRS, AML/CFT).

• Assist with the onboarding of new trusts, including due diligence, document review, and client setup.

• Prepare documentation for trustee decisions, distributions, and routine transactions.

• Maintain up-to-date client records and prepare reports as needed for internal and external stakeholders.

Ideal Candidate Profile

• A diploma or degree in Finance, Accounting, Law, Business Administration, or a related field.

• Minimum of 3 years experience in trust administration or a similar fiduciary role.

• Strong understanding of fiduciary duties, trust law, and regulatory compliance.

• Exceptional attention to detail and the ability to manage multiple tasks efficiently.

• Strong communication and interpersonal skills, with a client-service orientation.

• Proficiency in relevant software and trust administration systems.