Fiduciary Specialist

**Job Classification**

Job Family

Sales and Services

Career Stream

Fiduciary

Leadership Pipeline

Manage Self: Professional

FAIS Affected

**Job Purpose**

To provide fiduciary oversight and support on the trusts under management and administration by Nedgroup Trust, support growth and development of the Trust business enabling expansion of its strategic footprint through new and existing initiatives in line with the business strategy and give guidance on the best administrative process to meet objectives and rules of a trust, mitigating risks in trusts and improve overall service levels to clients.

**Responsibilities**:
**Fiduciary and Legal support**
- Deliver consistent fiduciary advice by developing, building, maintaining and using a repository of forms; precedents and processes and developing and maintaining a library of templates for team use.
- Provide input to structuring, design [from implementation to vesting] of new and or existing Trusts as Fiduciary Specialist including guidance on related governance aspects and trustee training;
- Undertake Due diligence reviews, recommend remedial action, implementation and monitoring to end of proposals emanating from the proposals made;
- Share opinions and knowledge by participating in internal Fiduciary Specialist Forum.
- Interpret and communicate legislative and regulatory developments by formulating and socializing processes and business views to internal and external stakeholders.
- Support team and managers in addressing client complaint matters and with technical issues in a client centric manner and resolving for client retention;
**Business development support**
- Meet business objectives by initiating; developing and maintaining relationships with internal and external stakeholders
- Introduce new business by providing deeds, SLA’s Agreements etc in place..
- Engaging ad collaboration with the distribution channel to provide the support and understanding of the trust business.
- Consideration and identification of new products to expand the current NGT offering
- Liaison and meeting with the potential new clients and managing New client requests with a view of establishing new trusts through leads and queries.
- Preparation of quotes, pitch for new business and framing of administration and service level agreements;
- Ongoing review of the pricing policy in line with industry practices and addressing any cost to service profitability issues with Clients, distribution channels and the Client Value Proposition team ,

**Continuous Improvement Culture**
- Maintain own technical knowledge of all fiduciary aspects in relation to trust administration and Tax Court cases and keeping up to date with legislation and court cases that impacts the business; Provide upskilling and technical training, to enhance the Trust Practitioner and Trust Specialist role;
- Seek opportunities to improve business processes and systems Contributing to the continuous improvement culture of revising processes and systems to ensure controls and efficiencies in place by identifying and recommending effective ways to operate [within the Fiduciary framework] and thereby adding value to the business and to clients.
- Identify training courses and career progression for self through input and feedback from management.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.

**People Specification**

Essential Qualifications - NQF Level
- Matric / Grade 12 / National Senior Certificate
- Advanced Diplomas/National 1st Degrees

Preferred Qualification

LLB Degree or Post Graduate Degree or Diploma in Law/Taxation.

Essential Certifications

Preferred Certifications

Fiduciary Institute of South Africa.

Minimum Experience Level

5-10 years in a Fiduciary environment or relevant Legal or Tax experience

**Technical / Professional Knowledge**
- Cluster Specific Operational Knowledge
- Relevant regulatory knowledge
- Principles of project management
- Business terms and definitions
- Relevant software and systems knowledge
- Communication Strategies
- Data analysis
- Research methodology
- Governance, Risk and Controls
- Principles of financial management

Behavioural Competencies
- Advancing Sales Discussions
- High-Impact Communication
- Technical/Professional Knowledge and Skills
- Coaching
- Influencing
- Decision Making
- **_Please contact the Nedbank Recruiting Team at
+27 860 555 566
_