Demo

Director of Trust Administration

Ascendo Resources
Miami, FL Full Time
POSTED ON 2/3/2025
AVAILABLE BEFORE 3/4/2025

We are seeking a Director - Trust Administration for our Family office client.

This role will be responsible for the day to day administration of a number of off-shore trusts.

This is a varied position, that will require a high level of communication both written and verbal to be successful, the ideal candidate may come from a legal background.


Your role:

  • Manage communications and reporting to beneficiaries as well as assist beneficiaries with regulatory compliance related to distributions.
  • Oversee trusts' investment activities and compliance.
  • Administer the trusts investments in accordance with the documents, review redemptions or sales to pay trust expenses and distributions.
  • Support economic interest allocation policies and appointment processes for beneficiaries.
  • Implement economic interest allocations and distribution policies.
  • Prepare documentation for distributions to beneficiaries, including charitable allocations and distribution annual report
  • Coordinate quarterly financial statements, prepare net asset valuation management
  • Oversee annual audits and financial reporting.
  • Review the preparation of quarterly cash flow forecasts of each trust
  • Ensure compliance with tax laws and regulations (FATCA, CRS, AML, KYC).
  • Prepare compliance and risk management reports.
  • Manage records and information policies.
  • Oversee service providers and statutory compliance.


Qualifications:

  • Bachelor's degree in a related field (business, accounting, finance, or legal).
  • MBA or LLM preferred; relevant certifications (TEP, CTFA, CFA) are a plus.
  • 10 years of experience in offshore trust management and fiduciary services and ideally some experience in finance, accounting, and compliance.
  • Strong analytical abilities and attention to detail.
  • Excellent communication and organizational skills.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Proficient in analyzing data and developing solutions.

Salary : $180,000 - $200,000

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