Occupation

521236 Trust Officer

Latest release
OSCA - Occupation Standard Classification for Australia
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Reference period
2024, Version 1.0

521236 Trust Officer

Administers trusts, estates and settlements on behalf of beneficiaries.

Alternative title

  • Trust Clerk

Skill level: 3

Main tasks

  • Receives and reviews legal documents related to trusts, estates and settlements
  • Identifies and verifies beneficiaries and their entitlements
  • Communicates with beneficiaries to provide information and answer queries
  • Manages and maintains trust accounts, including processing payments and distributions
  • Prepares and files legal documents, such as trust agreements and estate inventories
  • Conducts research and analysis to support decision-making related to trust administration
  • Prepares financial reports and statements for beneficiaries and regulatory authorities
  • Ensures compliance with legal and regulatory requirements
  • Collaborates with legal and financial professionals
  • Resolves disputes among beneficiaries or involved parties