Trust Officer

5 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Universal Trustee Full time

Add expected salary to your profile for insights.

The candidate will be involved in the administration of the corporate trust, private trust and custodian portfolios for example private debt securities, sukuk, e-monies, trust administration and other portfolios of which the scopes of works include but not limited to the following which are subject to change as the head of department ("HOD") and/or management of company ("Management") think fit:

  1. Handle the opening and closing of accounts (for example current account, virtual accounts, investment account, STMMD, forex, fixed income, foreign cash and custody account).
  2. Manage, administer and/or execute clients' instructions from time to time include but not limited to prepare and monitor placement of funds for client's accounts, to arrange for meeting(s) and to provide authorised information reports and/or updates.
  3. Manage and administer portfolios assigned and/or relieved at all times include but not limited to vet review and/or comments documents, attend documentation meetings, communicate with relevant parties both internal and external in the respective portfolios, monitor and ensure the compliance of the terms undertakings and covenants stated therein the relevant agreements.
  4. Attend to queries and meetings with clients, solicitors, bankers, advisors, accountants, relevant stakeholders, regulators and any relevant parties as and when required from time to time.
  5. Prepare proxy forms, facilitate EGM, AGM and/or any meetings when required and/or requested to be held includes but not limited to request for ADIs list, compile bondholders' list, communicate with all relevant stakeholders of the portfolios, vet comment and review proposed resolutions, circulate notice of meetings, take minutes of EGM, AGM and/or any meetings, announce result of proposed resolutions to all relevant stakeholders after polling and report to regulators.
  6. Conduct meeting with clients on service level, client issues (if any), prepare service review minutes, follow up on any outstanding matters with periodic update to the clients until resolution.
  7. Prepare correspondences, consent letters, reports, minutes of meeting, notices and update new covenant in the trust deeds and agreements.
  8. Ensure the periodic accounts are updated by the finance team.
  9. Perform any other tasks, assignments and responsibilities as assigned and required by superior and management from time to time.

Requirements:

  1. Minimum 1 year relevant experience.
  2. Understands the duties, roles and responsibilities of a trustee, its fiduciary duties, operational risks and impacts on the company should there be any failure includes but not limited to negligence, default and/or misconduct of an individual trust officer.
  3. Possess Degree in Law / Accounting / Business Studies/Administration / Economics or equivalent; Diploma holders will be considered if candidate has more than the minimum relevant experience.
  4. Have some experience in engaging with issuers, bondholders, investment bankers, solicitors and regulators will be an advantage.
  5. Strong English communication and written skills.
  6. Meticulous and highly disciplined in meeting deadlines.
  7. Able to work independently and under pressure.
  8. Good time management and organizational skills.
  9. Self-motivated and has a pleasant personality.
  10. Computer literate and excellent knowledge of MS office.
  11. Be a good team player.
How do your skills match this job?

Your application will include the following questions:

  • Which of the following statements best describes your right to work in Malaysia?
  • How many years' experience do you have as a Trust Officer?
  • Which of the following languages are you fluent in?
  • What's your expected monthly basic salary?
  • How would you rate your English language skills?
  • How much notice are you required to give your current employer?
  • Are you willing to undergo a pre-employment background check?
  • Are you willing to undergo a pre-employment medical check?

A trustee company incorporated under the Companies Act 1965, and is also registered as a Trust Company under section 4 of the Trust Companies Act 1949. Currently, the company is the trustee of unit trust funds, private trust, public trust, estate, clubs, education trust, etc.

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