Our client is seeking an experienced and detail-oriented Trust professional to join their growing business. The successful candidate will be responsible for managing a diverse portfolio of trusts and entities, ensuring compliance with regulatory requirements, and providing expert guidance on tax efficiencies for high-net-worth clients.
Key Responsibilities:
- Manage a portfolio of trusts, including UK, offshore, and charitable trusts.
- Liaise with clients, their professional advisers, and other stakeholders to ensure the smooth operation of trust entities.
- Conduct periodic reviews of client files, investment performance, and trust operations.
- Review and prepare trust accounts, tax returns, and financial statements.
- Prepare inheritance tax forms, calculate trust distributions, and ensure accurate maintenance of ledgers and cash-flow schedules.
- Prepare bills, perform WIP analysis, and manage financial aspects of client portfolios.
- Ensure compliance with relevant regulations, including CRS, FATCA, Economic Substance, BO Registers, Trust Registers, and AML..
- Review and draft deeds, trustees' resolutions, and other required documentation.
- Liaise with tax authorities (e.g., HMRC, IRS) and work towards tax efficiencies for UK-domiciled clients, focusing on inheritance tax (IHT), capital gains tax (CGT), and other relevant areas.
- Prepare and review trust-related documents, including minutes, resolutions, and other legal documents.
- Maintain accurate and up-to-date records of trust activities, ensuring that all necessary documentation is in place and compliant with regulatory standards.
- Maintain and strengthen client relationships through regular communication, meetings, and by addressing any concerns or issues that arise.
- Work closely with investment managers, lawyers, corporate trustees, and other professionals to ensure seamless trust administration.
Qualifications and Experience:
- Relevant demonstrable experience gained within trust and probate professional services. Formal qualifications are not necessarily required but CTA or STEP considered a bonus.
- Extensive experience in trust administration, with a proven track record in managing high-net-worth client portfolios.
- Strong understanding of UK and offshore trust structures, tax implications, and regulatory compliance requirements.
- Excellent communication and interpersonal skills, with the ability to manage client relationships effectively.
- Demonstrated ability to work independently and as part of a team, with a focus on delivering high-quality client service.