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 expertise in trust management.
- Qualifications: 2+ years in UK trust administration and strong communication skills.
The predicted salary is between 40000 - 50000 £ 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 Manager employer: Progeny
Join our dynamic Private Client Legal team as a Trust Manager, 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 compliance excellence, making us an exceptional employer for those seeking meaningful and rewarding work.
StudySmarter Expert Advice🤫
We think this is how you could land Trust Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and trust management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK trust law and compliance regulations. We recommend practising common interview questions with a friend or in front of a mirror. Confidence is key, so show them you know your stuff!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in making a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to navigate!
We think you need these skills to ace Trust Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in trust administration and UK trust law. We want to see how your skills match the role, so don’t be shy about 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 Manager position. Be specific about your experience with compliance and client service – we love detail!
Showcase Your Communication Skills:Since strong written communication is key for this role, make sure your application is clear and concise. We appreciate well-structured applications that reflect your ability to explain complex matters simply.
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 to avoid missing out on this fantastic opportunity.
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 projects or portfolios in the past. Highlight your attention to detail and how it has benefited your previous clients.
✨Prepare for Client Scenarios
Think about potential client scenarios you might face as a Trust Manager. Prepare to discuss how you would handle client communications, manage distributions, or ensure compliance with regulations. This will demonstrate your proactive approach.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the team dynamics, the types of trusts you'll be managing, or how they measure success in this role. This shows your genuine interest and helps you assess if it's the right fit for you.
