Senior and Trust Administrator

Position: Senior Company and Trust Administrator
Location: Lanark

Overview Our client is a well-respected independent fiduciary services provider, long established on the island and with a strong reputation for professionalism. Their Fiduciary team have identified the requirement for a further Senior Company and Trust Administrator to join them.

As Senior Company and Trust Administrator here you will:

Administer a portfolio of client entities to a high professional standard and to exercise specified signatory powers on designated client entities

Work with and generally cooperate with all members of your team and with the other departments within the organisation with the aim of ensuring that all client requests are dealt with in a timely and professional manner.

Supervise the team's Company Administrator's workload and provide general support and assistance to the Client Portfolio Manager Respond to existing client enquiries and provide quotes for specific work requested as and when required

Respond to new client enquiries in the absence ofthe New Business Assistant or when deemed appropriate to do so Develop and maintain awareness of due diligence requirements and anti-money laundering provisions within the organisation and ensure proper compliance with the same Submit applications to the Companies Registry or request agent to apply for name approval and reserve names, as appropriate, in all jurisdictions

Arrange the incorporation of companies in all jurisdictions and the establishment of trusts and attend to structuring of incorporated companies and trusts for designated clients including preparation of all documentation required internally and externally

Laise with the Business Development Team with regard to the ongoing administration of companies and trusts sold to new clients

Receive, review and sign off the New Company Checklist following preparation of the transfer documents and to ensure that all ongoing/pending matters are diarised and/or dealt with accordingly

Prepare and/or obtain Powers of Attorney, Certificates of Good Standing, Certificates of Incumbency, certified and/or legalised documents, additional resolutions and any other documentation requested by clients

Where the businessa provide company secretarial services or on a client's specific request, attend to the preparation and filing of Annual Returns and the preparation of AGM minutes for relevant jurisdictions

Monitor and remind clients of deadlines for thefiling of Annual Returns and the payment of taxes in all jurisdictions to ensure that penalties are not unnecessarily incurred by either the business or its clients

Attend to alterations to company structure including the appointment and resignation of officers, allotment and transfer of shares, issue of share certificates, changes of company names, alteration of share capital and/or Memorandum and Articles of Association Attending to the preparation and filing of all related documentation and liaising with client, agent and Companies' Registries as necessary

Corresponding with trust protectors to ensure the correct management of trusts, attending to distributions from trust funds and review and consideration of transactions. Consideration of investment opportunities and liaising with brokers/investment managers to facilitate trades, consideration of beneficiary loan requests and attending to payments

Review trust instruments and powers to ensure that breaches of trust do not occur

Preparation of supplemental deeds, liaising with advocates for trust advice and with tax advisors

Reconciliation of trust bank accounts in accordance with the Rule Book and the trustees' direction and attend to the termination of trusts

Ensure that bookkeeping records are maintained or annual accounts prepared for both companies and trusts as appropriate under company policy

Open bank accounts as required and, where the company provide directors and signatories, ensure that the accounts are operated and instructions dealt with efficiently, Further, to act as a 'B' signatory on client company/trust bank accounts and to ensure same are operated in accordance with company policy

Keep cash sheets on all company controlled accounts where appropriate and ensure that all bank account details are entered on View Point Act  as signatory on in-house companies providing corporate officer, secretary, trustee and nominee services in accordance with company policy

Where the company are directors or trustees, to review all contracts and agreements for signature and be able to provide a summary of its content to the signing director(s) or trustee. Prepare appropriate minutes or resolutions of the authority of the directors or trustee in respect of the same

Open files for correspondence, statutory documents, bank related items and clients as and when necessary. Ensure the good order of such files and to open new files when old files become full and cumbersome

Follow the correct procedure and arrange for the proper closure and archiving of files as necessary

Arrange company searches in any offshore jurisdiction…