South Africa: Trust Administrator – 3 month contract (Banking) posted by Isilumko Staffing
Posted on 2025-07-05 00:00:00
Employer | Isilumko Staffing |
---|---|
Category | Banking |
Location | South Africa / South Africa |
Job Summary
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
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Administer trusts, companies, and other fiduciary structures according to governing documents and relevant laws.
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Manage trust accounting, including payment processing, investment monitoring, and financial record keeping.
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Liaise with clients, beneficiaries, legal advisors, and tax consultants to address inquiries and provide updates.
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Ensure compliance with all internal procedures and regulatory obligations (e.g., FATCA, CRS, AML/CFT).
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Assist with the onboarding of new trusts, including due diligence, document review, and client setup.
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Prepare documentation for trustee decisions, distributions, and routine transactions.
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Maintain up-to-date client records and prepare reports as needed for internal and external stakeholders.
Ideal Candidate Profile
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A diploma or degree in Finance, Accounting, Law, Business Administration, or a related field.
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Minimum of 3 years experience in trust administration or a similar fiduciary role.
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Strong understanding of fiduciary duties, trust law, and regulatory compliance.
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Exceptional attention to detail and the ability to manage multiple tasks efficiently.
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Strong communication and interpersonal skills, with a client-service orientation.
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Proficiency in relevant software and trust administration systems.
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