Trust Business Development Manager
Ascentium Fiduciary · Singapour
Job description
About the role
Ascentium, a global business services platform backed by over 50 years of Harneys Fiduciary's experience in the British Virgin Islands, Cayman Islands, Cyprus, Hong Kong and Singapore, is looking for a commercially driven Trust Business Development Manager. The role accelerates revenue growth in trust and fiduciary services by originating new business from HNWI/UNHWI and family office clients, cultivating intermediary relationships and expanding share of wallet in existing accounts.
Key responsibilities
- Develop and execute a market development plan to hit quarterly and annual revenue targets across HNWI/UNHWI, family offices, private banks, law and tax firms
- Sourcing and qualifying leads through the network, events, referrals and outreach, and building a forecasted pipeline
- Conduct discovery on client objectives (wealth transfer, asset protection, succession, philanthropy) and prepare proposals, pitch materials and pricing with Product, Legal and Trust Administration
- Build relationships with private bankers, EAMs, lawyers, tax advisors and corporate service providers, negotiate introducer agreements and track referral performance
- Represent the firm at industry events and speak at client and intermediary briefings
- Identify cross-sell and up-sell opportunities with Relationship Managers and Trust Administration, and lead account planning for top clients
- Coordinate end-to-end conversion: proposal, KYC/AML, source-of-wealth, fee agreements and onboarding, partnering with Compliance on due diligence
- Track market trends and competitor offerings, give feedback on client needs and help package new products
- Follow AML/CFT, sanctions and regional regulatory requirements, and provide forecasts and activity reports to management
Required profile
- Bachelor's degree in law, finance, business or a related field; STEP, CFA, CA or CFP preferred
- 5-8+ years in trust and fiduciary services, private banking, wealth planning or similar, with a strong new-business track record
- Solid understanding of trust law, fiduciary duties and regulatory frameworks in Singapore, Cayman and BVI
- Proven success closing complex, multi-stakeholder deals with HNWI/UNHWI and family offices
- Established intermediary network in the region and ability to develop introducer channels
Required skills
- Consultative selling, solution structuring and executive communication
- Pipeline management and forecasting
- Ability to explain technical trust concepts clearly to clients
- High integrity, discretion and cultural sensitivity; comfort engaging C-suite and family principals
- Preferred: experience across Asia, multilingual capability and entrepreneurial, hands-on approach
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Published 4 hours ago
Expires 1 month from now
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Ascentium Fiduciary
Singapour