trust-practitioner-at-nedbank

Job Description:

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Nedbank Group Limited is a bank holding company that operates as one of the four largest banking groups in South Africa. The companys shares have been listed on the JSE Limited since 1969. The group offers a wide range of wholesale and retail banking services through four main business clusters, namely Nedbank Corporate and Investment Banking, Nedbank Retai...

Trust Practitioner

Job Purpose

To administer a portfolio of trusts, mainly testamentary, for the purpose of generating fees and leads as part of a full range of fiduciary services, in order to make Nedbank the great place to bank for our clients.

Job Responsibilities

Adhere to company policies and procedures through appropriate investment of trust assets and overall trust administration.
Keep up-to-date with legislation and regulation by reading up on the industry-related information.
Ensure risks are minimised by following a checking and verification process.
Ensure that there is no financial and reputational risk to the company by adhering to the internal knowledge base.
Administer the clients trust in a professional manner in terms of the will or trust deed.
Manage clients and beneficiary needs and their expectations by taking the appropriate action and delivering the required service in a timeous manner.
Assist colleagues in trust-related problem solving by giving them advice on any specific query.
Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.
Generate an income stream through fee-taking in a timely manner in order to meet companys financial goals.
Identify new business opportunities/leads by getting to know our clients better.
Provide an oversight of daily administration activities by checking and verifying data.
Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.
Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team