Trust Administrator - 3 month contract (Banking)

Isilumko Staffing

  • South Africa
  • Contract
  • Full-time
  • 16 days ago
About the RoleOur 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 ResponsibilitiesAdminister 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 ProfileA 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.

Isilumko Staffing

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