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Fiduciary operations specialist

Cork
beBeeCompliance
Operations specialist
Posted: 19 August
Offer description

As a seasoned professional, this role offers a unique opportunity to oversee the management of trust companies and ensure compliance with regulatory requirements.

The Head of Workplace Solutions - Trust Administration is responsible for managing the Global Shares Trustee Ireland Limited (GSTIL) and GS Trustee (UK) Limited (GSTUKL).

This position involves overseeing trustee actions on behalf of GSTIL and GSTUKL, ensuring comprehensive oversight of all trust-related activities.

Key Responsibilities include:


Management

* Manage daily operations of GSTIL and GSTUKL
* Act as signatory
* Ensure duties as trustees are fulfilled
* Ensure compliance with laws and regulations
* Maintain fiduciary responsibility
* Develop policies
* Record-keeping
* Audits
* Liaise with auditors and regulators


Board Administration

* Implement governance structures
* Maintain minute books
* Document trustee decisions
* Ensure decisions align with trust deeds
* Record conflicts of interest
* Review fees
* Document audits and reports
* Communicate key information to stakeholders


Accounts and Assets

* Oversee account opening and management
* Asset transfers and sales
* Ensure legal and regulatory compliance
* Manage trust assets and decisions related to them


Leadership

* Lead and develop trust professionals
* Represent trust services function


Registration

* Ensure Irish trust entity registration
* Investigate UK requirements


Tax and Compliance

* Review trusts for CRBOT registration
* Conduct tax due diligence
* Ensure tax compliance for benefits


Plan Management

* Coordinate with EPM team
* Ensure accurate data and reporting
* Oversee asset reporting and transactions
* Monitor share trading activities


Termination

* Oversee activities related to trust termination


Educational/Administrative

* Devote time to personal development and training in fiduciary practices
* Participate in seminars and training courses
* Assist in staff training and performance management

* Bachelor's Degree required; MBA or advanced degree preferred
* Deep knowledge of fiduciary products, legal, tax, and regulatory requirements
* Experience in Employee Benefit Trust business, at a fiduciary or law firm

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