Job Description
DUTIES & RESPONSIBILITIES
- Oversee and coordinate business activities of the unit.
- Protect the interest of Bondholders by preparing and perfecting Trust Deeds. Effect payment of Bondholders Principal & Interest entitlements when due
- Maintain and keep in custody securities used for the duration of the financial obligation.
- Represent Bondholders interest and give necessary approvals/consents. Exercise discretionary powers in the interest of Bondholders.
- Render periodic reports to the Issuer and Regulators [SEC & NSE].
- Identify and prioritize trust and other opportunities, deepening relationships and enhancing revenue.
- Ensure the retention of business and fulfilment of Key's fiduciary responsibilities.
- Meet and engage with clients, attorneys, accountants, consultants & co-fiduciaries. Also coordinate team members, present ideas, and solutions to both prospective and existing clients
- Enhance key reputation with High-Net-Worth individuals and their influencers.
- Lead or participate in the closing of new business.
- Ensure the implementation of Trust policies and procedures in line with the company’s strategic objectives.
- Ensure proper documentation of all Trust Relationships and effectively maintain Trust files.
- Maintain compliance with all internal policies and procedures as well as with regulatory and legal requirements.
- Mitigate risk on individual book of business.
- Contribute to the development of new Trust products and develop proposals for prospects.
- Ensure the proper investment of funds held under Trustee or Nominee arrangement.
- Ability to assess client’s needs and adapt products to meet client’s needs and deliver them with credibility and confidence.
- Establish performance objectives & targets for team members. Monitor and evaluate the performance of the team.
- Communicate with departmental staff on relevant business and corporate matters through regular meetings.
- Have working knowledge of significant developments and trends in the industry.
- Participate actively in Management Committee meetings and other management bodies.
- Perform other duties as assigned by the Chief Executive Officer
JOB REQUIREMENTS / SPECIFICATION
- Educational Requirement: Law Degree, preferably in Company/Business Law
- Professional Qualification: Professional qualification in Law and/or Banking/Asset Management, MBA would be an added advantage.
Cognate Experience:
- A minimum of five to eight (8) years’ experience in the Trustee and Financial Services industry with experience in Private, Corporate and Public Trust
REQUIRED SKILLS AND ATTRIBUTES
- High Integrity
- In-depth Knowledge of Trustee and Investment Business
- Good Networking Skills
- Good Independent Judgment
- Ability to Think Creatively
- Excellent Writing and Communication Skills
- Credit Legal Documentation Skills
- Presentation Skills
- Marketing and Relationship Management Skills
- Industry and Product Knowledge
- Leadership, Training and Coaching Skills
- Product and Business Development Skills
PERFORMANCE MEASUREMENT
- Performance Areas
- Key Performance Indicators
- Number of Trustee Relationships Managed
- Size of Trustees Funds Managed
- Size of Trustee Fees Earned
- Number of Infractions to the SEC Rules
- Adequacy and Currency of Industry Information
- Level of Brand Recognition
- Satisfaction Level of Customers and Other Stakeholders