Wealth Management, International Trust Services – Jersey, Channel Islands Trust Analyst, Sr. Associate

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.​

Wealth Management, International Trust Services – Trust Analyst, Jersey, Channel Islands 

J. P. Morgan Trust Company (Jersey) Limited is seeking a Trust Associate to join our growing fiduciary team in Jersey, Channel Islands. You will support the day-to-day administration of trust and corporate structures, help deliver a high standard of client service, and partner closely with experienced colleagues and internal stakeholders to ensure timely, accurate execution and strong governance.

Our Business

InternationalTrustServices(ITS)isacorebusinessofthePrivateBank,offeringdiscretionaryanddirectedtrustproductstomeet the long-term estate planning needs of our wealthiest clients domiciled in Asia, Latin America and EMEA.

TheRole

Thesuccessfulcandidatewill workwithintheITSbusinessin Jersey toensurethatfiduciaryservicesaredeliveredinamanner consistentwithalllegal,regulatoryandinternalrequirements. Thecandidatewilladministertheend-to-endexecution ofspecific functions in support of trusts and corporate administration.These functions include, but are not limited to, investment subscription and redemption support, payments, corporate administration, trust and corporate entity closing.

KeyResponsibilities:

 

• Partnering with Trust Officers in the preparation and execution of relevant documents related to the various aspects of trust administration; including account opening forms for the opening of internal and external bank and investment accounts,processingallrequireddocumentationincludingLettersofDirection,Minutes,PowerofAttorney,Resolutions and subscription documents.

• Processtransactionsforthestructureincludingdistributions,creditfacilities, invoice settlement liquidationsandtransfers,includingthe preparation of entries in the trust administration system.

• Collaborating with the respective client facing teams, including Client Advisors and Wealth Advisors, to ensure timely and accurate communication with settlors, beneficiaries and professional advisors.

• Liaisonwiththenewbusinessapprovalteamfortheonboardingofnewstructures.

• Liaisonwiththebank’soperationsteamwithregardstotheopeningofbankaccounts.

• Liaisonwiththetrustaccountingteamtoensuretimelyandaccuratepreparationoffinancialstatementsforthetrust structures.

• Ensurepropercommunicationtoaccountingandfeebillingonaccountactivities.

• Assistingintheperformanceoffiduciaryreviewsandothercomplianceandriskmanagementtaskstoensurethatthe structures are administered in accordance with regulatory and group requirements.

• Assistinthepreparationofclientmeetingsandotherprojectsanddutiesasassignedbymanagement.

• This is a client-facing role that supports the servicing of clients by preparing work for review by a Trust Officer and Team Leader, maintaining accurate records and liaising with internal and external stakeholders. The role requires strong organisational skills, attention to detail and the ability to manage deadlines effectively.

• Reducing risk of error by following set procedures.

• Taking part in ad-hoc project work — any project deadline will need to be met along with daily workloads.

• Adhere to Risk & Associate Compliance procedures in relation to regulatory requirements and AML legislation.

Qualifications/Attributes:

 

• Ideally aminimumof 2-5years’fiduciaryexperience

• Proficiency in MS Office Applications; adaptive to new systems and technologies

• Excellent written and oral communication skills

• Ability to work in a team environment with minimum supervision

• High level of accuracy and attention to details.

• Willingness to complete STEP qualification 

Thispositionislocatedin Jersey, Channel Islands.