At a Glance
- Tasks: Manage diverse trust portfolios and ensure compliance with UK regulations.
- 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 for career growth in a dynamic legal environment.
- Why this job: Make a real difference in clients' lives while developing your skills in trust administration.
- Qualifications: 2+ years in UK trust administration and strong communication skills.
The predicted salary is between 35000 - 45000 € per year.
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.
Key Responsibilities
- Trust set‑up 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 (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, liaise with investment managers, and forecast cash flow 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.
Qualifications and Experience
- 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.
We reserve the right to close this vacancy early if we receive sufficient applications. Therefore, if you are interested, please submit your application as early as possible.
Trust Administrator employer: Progeny
Join our dynamic Private Client Legal team as a Trust Administrator, where you will thrive in a supportive and collaborative work environment. We prioritise employee growth through continuous training and development opportunities, ensuring you can advance your career while managing a diverse portfolio of trusts. Located in a vibrant area, we offer a competitive benefits package and a culture that values client relationships and professional integrity, making us an exceptional employer for those seeking meaningful and rewarding work.
StudySmarter Expert Advice🤫
We think this is how you could land Trust Administrator
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Trust Administrator role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK trust law and regulations. We recommend practising common interview questions related to trust administration so you can showcase your expertise and confidence when it counts.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance at landing that Trust Administrator position. We’re always looking for detail-focused individuals like you, and applying directly can help us see your application sooner!
We think you need these skills to ace Trust Administrator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in trust administration and related fields. We want to see how your skills match the key responsibilities listed in the job description, so don’t hold back on showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Trust Administrator role. Be sure to mention your understanding of UK trust law and your client service skills, as these are crucial for us.
Showcase Your Attention to Detail:As a Trust Administrator, attention to detail is key. In your application, highlight specific examples where your organisational skills made a difference. This will help us see that you can manage the complexities of trust administration effectively.
Apply Early!:We might close the vacancy early if we get enough applications, so don’t wait around! Head over to our website and submit your application as soon as you can. We’re excited to see what you bring to the table!
How to prepare for a job interview at Progeny
✨Know Your Trust Law
Brush up on your knowledge of UK trust law and taxation. Be prepared to discuss specific regulations like the Trustee Act and IHT, as this will show your understanding of the role and its responsibilities.
✨Showcase Your Organisational Skills
Since the role requires excellent organisational abilities, come ready with examples of how you've managed complex tasks or projects in the past. Highlight your attention to detail and how it has benefited your previous work.
✨Prepare for Client Scenarios
Think about potential client scenarios you might face in the role. Prepare to discuss how you would handle communications with clients, beneficiaries, and trustees, ensuring clarity and professionalism in your responses.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready. Inquire about the team dynamics, ongoing projects, or compliance challenges they face. This shows your genuine interest in the role and the company.
