At a Glance
- Tasks: Manage diverse trust portfolios and ensure compliance with UK legislation.
- Company: Join a leading Private Client Legal team focused on client service.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to build relationships and grow your expertise in a dynamic setting.
- Why this job: Make a real impact by helping clients navigate complex trust matters.
- Qualifications: 2+ years in trust administration and strong communication skills.
The predicted salary is between 35000 - 45000 £ per year.
Requirements
- A strong background in UK trust administration or related probate/estate management (2+ years preferred)
- Solid knowledge of UK trust law, taxation (IHT, CGT, income tax), and regulatory requirements
- Experience with trust accounting, banking, investments, and financial reporting
- Excellent organisational and project management skills with close attention to detail
- Strong written and verbal communication, with the ability to explain complex matters clearly to clients
What the job involves
We are seeking a detail-focused and client-driven Trust Manager to join our Private Client Legal team. This is an excellent opportunity for an organised and proactive individual to get involved in managing a diverse portfolio of trusts, working closely with experienced fee-earners. In this role, you will support the day-to-day administration of trusts, helping ensure everything runs smoothly and is delivered to a high standard. You will be involved across the full trust lifecycle, from core administration through to governance and financial management, making sure work is completed accurately and on time. You will also play an important role in keeping everything compliant with UK legislation, tax requirements, and professional standards. Alongside this, you’ll have the chance to build relationships with clients and colleagues, develop your technical knowledge, and become a trusted part of the team.
Trust setup and lifecycle administration
- Prepare and execute trust deeds and other documents and liaise with clients, beneficiaries, trustees, and third parties
- Manage day-to-day administration of trusts, including distributions, capital and income accounts, and record-keeping
Compliance and governance
- Ensure trust activities comply with relevant legislation (including the Trustee Act, CGT, IHT, and anti-money laundering standards)
- Maintain accurate regulatory and internal compliance records; support KYC/AML checks for new and ongoing matters
- Assist with regulatory filings (e.g. Automatic Exchange of Information, FATCA/CRS and the Trust Registration Service), annual accounts, and tax-related reporting, including trust and estate tax returns and inheritance tax returns
Financial management
- Manage banking arrangements, liaising with investment managers, and cash flow forecasting for trust funds
- Liaise with accountants and tax advisers to prepare and file trust tax returns, annual accounts, and statutory documents
Client service
- Build and maintain strong working relationships with clients, beneficiaries, trustees, professional advisers, and internal teams
- Provide timely, accurate, and clear communications on matters, including statutory deadlines, distributions, and administrative changes
- Support client meetings, prepare agendas and meeting notes, and follow up on action items
Trust Administrator in Nottingham employer: Progeny
As a leading firm in the Private Client Legal sector, we pride ourselves on fostering a collaborative and supportive work environment where Trust Administrators can thrive. Our commitment to employee development is evident through ongoing training opportunities and mentorship from seasoned professionals, ensuring you grow your expertise in UK trust law and administration. Located in a vibrant area, our office offers a dynamic culture that values work-life balance, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Trust Administrator in Nottingham
✨Tip Number 1
Network like a pro! Reach out to your connections in the trust administration field. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Trust Administrator role!
✨Tip Number 2
Prepare for interviews by brushing up on UK trust law and taxation. Be ready to discuss your experience with trust accounting and compliance. Show us you can explain complex matters clearly – it’s a key part of the job!
✨Tip Number 3
When you get an interview, ask insightful questions about the team and their approach to managing trusts. This shows us you’re genuinely interested and helps you gauge if it’s the right fit for you.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Trust Administrator in Nottingham
Some tips for your application 🫡
Show Off Your Experience:Make sure to highlight your background in UK trust administration or related fields. We want to see that you’ve got the experience and knowledge of trust law, taxation, and regulatory requirements that we’re looking for!
Be Detail-Oriented:Since this role requires excellent organisational skills and attention to detail, don’t shy away from showcasing your project management abilities. Use specific examples to demonstrate how you’ve managed complex tasks in the past.
Communicate Clearly:Strong written communication is key! When crafting your application, make sure you explain your experiences clearly and concisely. We want to see how you can break down complex matters for clients, so keep it straightforward.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the Trust Administrator role. Don’t miss out on this opportunity!
How to prepare for a job interview at Progeny
✨Know Your Trust Law
Make sure you brush up on UK trust law, taxation, and regulatory requirements before the interview. Being able to discuss these topics confidently will show that you have the solid knowledge needed for the role.
✨Showcase Your Organisational Skills
Prepare examples of how you've managed projects or portfolios in the past. Highlight your attention to detail and how you ensure everything runs smoothly, as this is crucial for a Trust Administrator.
✨Communicate Clearly
Practice explaining complex matters in simple terms. You’ll need to demonstrate your strong written and verbal communication skills, especially when discussing trust administration with clients and colleagues.
✨Build Rapport
Think about how you can build relationships with clients and team members. Be ready to share your approach to client service and how you maintain strong working relationships, as this is key in the role.
