Location: Cape Town, South Africa
Date Posted: January 16, 2025
Reference Number: 137165
Job Overview
Join Nedbank as a Trust Officer, responsible for administering a portfolio of trusts, primarily testamentary, to provide exceptional fiduciary services. This role is vital to building strong client relationships and ensuring the effective management of trust assets while adhering to legal and corporate standards.
Key Responsibilities
- Trust Administration:
- Administer client trusts professionally, ensuring alignment with wills or trust deeds.
- Oversee investment and administration of trust assets according to company policies.
- Risk Management:
- Minimize financial and reputational risks through adherence to internal policies and verification processes.
- Stay informed about industry changes and regulations impacting trust administration.
- Client and Beneficiary Relations:
- Manage client and beneficiary expectations by delivering timely and appropriate services.
- Identify and recommend solutions for trust-related challenges.
- Income Generation and Business Growth:
- Drive revenue through fee-taking and identifying new business opportunities by deepening client relationships.
- Operational Oversight:
- Verify daily trust administration activities to ensure compliance and accuracy.
- Enhance systems, processes, and policies to improve efficiency.
- Professional Development:
- Maintain and expand fiduciary expertise through training, certifications, and industry participation.
- Contribute to transformation and culture-building initiatives within Nedbank.
- Stakeholder Engagement:
- Share knowledge within the team and provide accurate information to stakeholders.
Qualifications and Certifications
Essential Qualifications:
- Matric / Grade 12 / National Senior Certificate.
Preferred Qualifications:
- Diploma or Higher Diploma in Banking (NQF5 or higher).
- Recognized certifications such as:
- Associated Financial Planner (FPI).
- Certified Financial Planner (CFP).
- LLB Degree.
Certifications (Preferred):
- Membership with the Fiduciary Institute of South Africa (FISA).
- Certification by the Financial Planning Institute (FPI).
Experience and Skills
Experience:
- 2–5 years of relevant experience in fiduciary or trust administration.
Technical Knowledge:
- Administrative procedures and systems.
- Banking operations and regulatory knowledge.
- Governance, risk, and control management.
Behavioral Competencies:
- Customer Focus.
- Decision Making.
- Quality Orientation.
- Earning Trust.
- Applied Learning.
- Work Standards.
Why Join Nedbank?
Nedbank values professional growth, offering a supportive environment for skill development and career progression. The organization promotes an inclusive culture that aligns with its vision and values.
Application Process
Contact Information:
- Reach the Nedbank Recruiting Team at: +27 860 555 566
Job Alerts:
- Activate job alerts on Nedbank’s website to receive updates about new openings.
If this position aligns with your career aspirations, submit your application promptly to secure an opportunity at one of South Africa’s leading financial institutions.
