Trust Administrator Trust Administrator …

Standard Chartered Bank Singapore
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 30 Sep 19
Competitive compensation and benefits package
Standard Chartered Bank Singapore
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 30 Sep 19
Competitive compensation and benefits package
Full-time permanent role MBFC, Singapore

Our client, Standard Chartered, is a global bank which is big enough to be relevant to the world’s most sophisticated corporations but small enough to be local, nimble and innovate. They tap into their DNA as a global trade bank, committing to the dynamic markets where they have operated for over 150 years.  They link these markets with each other, as well as to Europe and the Americas, to help their corporate and institutional clients manage their global investing and financing needs. In addition, Standard Chartered use their deep knowledge in local markets to help their customers and clients grow, invest and protect their wealth. Standard Chartered Bank can offer [role, e.g. Development Managers] outstanding opportunities.


Why work at Standard Chartered?

Standard Chartered believes that every one of their colleagues plays a tangible role in delivering their purpose – “Driving commerce and prosperity through our unique diversity.” They all feel strongly about living their valued behaviors – Never settle, Doing the right thing, and Better together and their culture makes this organization special. Standard Chartered Bank has always sought continuously to improve, to challenge themselves and to drive change within the industry, the world we live in, and with themselves to live up to their brand promise - to be Here for good.

The success of the Bank and the achievement of their business strategy hinges on the way they invest in, manage and organize their people, the employee experience they create and the culture they build. Standard Chartered is building a future-ready workforce enabled by digital skills, organizational adaptability, and leadership at every level. They are committed to creating an inclusive and flexible environment where their diverse talent feels able and inspired to make a meaningful contribution to the prosperity of our clients.


The Role Responsibilities


Trust Administration

  • Demonstrate a good understanding of international trust concepts and practices, typically developed over 3 years’ experience in trust administration and company management
  • Manage new and existing fiduciary structures with Clients, Wealth Planners, and Relationship Managers
  • Promote business growth from existing clients by providing the support that is responsive, accurate, timely and delivered in a professional manner
  • Participate as required in client facing aspects of trust administration
  • Prepare and provide appropriate documentation to Relationship Managers and Clients, addressing all trust administration queries including bank account opening documentation, insurance application, and distribution request

Compliance and Risk 

  • Ensure the trust company is compliant with the banks CDD policies for clients
  • To undertake timely remedial Fiduciary Review or Operational Risk action if required by the review team
  • Have a basic understanding of bank policies, procedures, and products
  • Ability to recognize and identify other potential problems/risks and report these to the Team Leader and/or the appropriate Committee/Compliance/Managing Director
  • Adhere to internal procedures and policies ensuring all legal, ethical and regulatory requirements are understood and maintained

Personal and Professional

  • Keep up to date with new developments in fiduciary services and products
  • Recommend improvements in operational processes, procedures to facilitate enhancement of service levels and efficiency
  • Good analytical skills
  • Be willing to travel on trust company business when required
  • Additional SCTS responsibilities as agreed from time to time with Management


Knowledge / Skills / Experience Required:

  • Minimum of 3 years fiduciary experience
  • Knowledge of relevant fiduciary and banking products, services and procedures
  • Good interpersonal and communication skills, ability to deal with all levels of people, often in complex and difficult situations
  • Team player


  • Progression towards membership of at least one of STEP; or relevant Degree or alternative legal /accountancy equivalent exam when accompanied by relevant experience; or extensive experience in trust and company administration typically developed in over 3 years in the industry


What you can expect from Standard Chartered.

At Standard Chartered their unrivaled network and unique markets not only delivers value for their clients, makes the biggest difference in their communities, but also created opportunities for unparalleled career and development experiences. Your hard work and talent are valued very highly, which is why you can expect a carefully chosen package of rewards with a total offering including a flexible working policy to support your work-life balance. After all, your wellbeing is just as important as salary and benefits. Standard Chartered also offers career and development opportunities, plus the chance to build your skills, they believe in investing in your development, so you can go as far as you want. High-quality managers are an important part of that and their leaders ensure you’re supported, inspired and recognized. 



If you think that Standard Chartered could be the right home for your skills, you can apply here.