Senior Trust Practitioner at Nedbank

Job Purpose
To take on the role of professional nominee on a book of high net worth trusts and to provide specialist trust services to high net worth clients and in support of other business development activities within Nedgroup Trust.

Job Responsibilities

• Act as a professional trustee and manage relationships with all stakeholders on a book trust clients.
• Consisting of testamentary, inter vivos and 3rd party trusts.

Duties will include the following:

• General risk management and governance of the Trust
• Compliance with all relevant legislation
• Protection of Trust assets
• Providing of expertise as professional trustee;
• Co-ordination of administration, bookkeeping, compliance and legal functions;
• Conducting trustee meetings;
• Drafting of resolutions;
• Liaison between all stakeholders, ie. Investment managers, beneficiaries, trustees, settlors, SARS, accounting and tax consultants and all other third parties.

People Specification

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Law Degree
• Higher Diploma in Tax or HDIP Tax will be an advantage
• Postgraduate Diploma in Financial Planning will be an advantage

Essential Certifications/Preferred Certifications

• Admitted Legal Practitioner
• FPSA
• STEP
• FAIS
• Registered Tax Practitioner (SAIT)
• CFP

Type of Exposure

• Working with a group to identify alternative solutions to a problem
• Checking accuracy of reports and rec
• Sharing information in different ways to increase stakeholders understanding
• Building and maintaining effective cross-functional relationships with internal and external stakeholders
• Comparing two or more sets of information
• Interacting with external clients
• Tracking cost against a budget
• Working in a fast-paced and changing environment
• Working in a team
• Working with spread sheets

Minimum Experience Level

• Minimum five years' working experience in a similar role within the private-wealth environment.

Technical / Professional Knowledge

• Microsoft Office
• Administrative procedures and systems
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Banking knowledge
• Banking procedures
• Cluster Specific Operational Knowledge
• Business principles
• Business terms and definitions
• Governance, Risk and Controls

Behavioural Competencies

• Customer Focus
• Work Standards
• Collaborating
• Communication
• Managing Work
• Building Partnerships

Closing Date: 29th, March 2022