Fiduciary Independent Review Officer

Employment Type

: Full-Time


: Miscellaneous

Cititrust (Jersey) Limited provides a wide range of personal Trusts and estate management services to UHNW clients of Citibank Private Bank.Cititrust (Jersey) Limited is part of a global fiduciary business with trust companies around the world that are integrated by both management, systems and responsible for the global business strategy and delivering capabilities across all market regions. A Fiduciary Review Unit Officer reporting to the FRU Manager is responsible for an independent annual review of all entities administered by Citi Trust centres. A FRU officer is expected to deliver to the Fiduciary Review Committee (FRC) a detailed review of a client structure and provide solutions to any issues identified. The FRU officer is expected to meet the goals of the team and contribute towards delivering a top quality service to the Trust Centre. Key Responsibilities: * Preparation of documentation and FRC report for Annual / Bi-Annual Administrative Reviews. * Liaising with trust officers in preparation and presenting annual/bi-annual reviews to FRC. * Identification and corrective action of data integrity issues. * Approve non-financial changes in the system as part of a maker/checker function. * Identification and resolution of issues through liaising with trust officers. * Completion of Annual / Bi-Annual Administrative Reviews and presentation to FRC * Tracking resolution of FRC follow-ups with team leaders. * Actioning applicable FRC follow-ups. * Managing and equalizing the allocation or reviews throughout the year. * Provide reports and metrics to management. * Assist in general project initiatives for the department. Knowledge/Experience: Our ideal candidate should have worked as a Trust Officer. Be technically sound, demonstrates sufficient technical knowledge and experienced around the business. The candidate will work in a small but unique team and will be required to interact with the Trust Officers and senior management as well as presenting his review findings to our Fiduciary Risk Committee. Skills: Technical Skills * Has a sound knowledge of fundamental trust law, company law and administrative practices. * Has a fundamental knowledge and understanding of banking produces and how they are used in the overall management and administration of wealth. * Has a fundamental knowledge and understanding of investment instruments and credit concept * Has a basic understanding and working knowledge of account concepts and their applications. Communication Skills * Ability to communicate in a concise and coherent manner and present issues and possible solutions to the Fiduciary Committee and to Trust Officers. Relationship Management & Client Service * Identify opportunities for relationship deepening through reviews. Risk Management * Identify potential risk issues with particular focus on trust risk policy. * Report on trends and recurring issues to management. Qualifications: Ideally STEP qualified or part qualified or working towards a professional qualification. Minimum of 5 years' experience working in a Trust environment. Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.

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