Review the management and operation of funds / structures to ensure that they are being managed in accordance with the relevant rules and regulations.
This role involves day to day management aspects of a specific number of client allocated Funds. Assists with the effective management of administrative activities conducted by the business.
Ensures that the Bank’s position as Trustee / Depositary is protected and that the client receives a service commensurate with any service level in place.
Completes and implements of internal monitoring program for all Funds, ensuring that work is completed in accordance with the departmental procedures and to the required standards.
Plans and prioritizes the workload of the team ensuring there is coverage for all investment funds.
Plans, manages and develops team members, by formatting training and development plans, using coaching skills where necessary.
Sets objectives or Key Areas of Responsibility. Appraise performance against objectives and formulate staff development plans.
Plans and schedules internal meetings with the team as necessary to discuss issues and enquire into operations. Maintains minutes of meetings and follows up on any action points as required.
Arranges, reviews and authorizes periodic communication to clients / auditors per the deadlines requested.
Responsible for ensuring that all high risk and complex administrative tasks, requiring a depth of experience, are handled correctly and efficiently.
Deals with difficult transactions, investigations and client issues verbally and in writing.
Drives operational efficiencies and streamline Unit Trust / OEIC administrative processes to increase cost savings and to increase quality and quantity of output.
Identifies and implements operational efficiencies with focus on client added value’ benefits, cost saving and improved control of risk.
Arranges and reviews new investment schemes for issues, particularly of an operational nature.
Arranges and reviews operational set up of new clients.
Reviews and authorizes Trust Officers daily work in respect of business as usual matters
Determines breaches and control register ensuring timely and appropriate resolution.
Reviews and authorizes periodic audit letters, pricing checks and investment reviews on Funds.
Prepares and updates logs for internal management meetings and to follow up any action points.
Bachelor’s degree or the equivalent combinationof education and experience is required
5-7 years of total work experience is preferredwith at least 0-1 years in management.
Prior Trustee experience preferred.
Investment funds, auditing or legal experiencepreferred.