Job Summary

This Officer-level role is essential in the administration and oversight of trust structures, ensuring compliance with regulatory obligations and internal governance standards. The role requires interaction with professionals at all levels, both internally and externally, so excellent communication skills are essential. Candidates must demonstrate strong initiative and the ability to independently manage projects from initiation through completion with minimal supervision.

Key Responsibilities

Trust Oversight & Administration

The following responsibilities are indicative and do not limit the assignment of additional tasks or projects within the scope of the employee’s experience and capabilities:

• Support the preparation and maintenance of trustee checklists, procedures, and control documentation.
• Participate in meetings and workshops to align trustee services with evolving business models and regulatory expectations.
• Serve as a point of contact for external stakeholders, including fund managers, auditors, and legal counsel.
• Carry out annual trust fund reviews and support the ongoing monitoring and oversight requirements of the trustee business, including the fund audit process, investment compliance monitoring, and FATCA/CRS filings and registrations.
• Coordinate with internal teams (e.g., Client Services, Fund Accounting, Transfer Agency, Legal) to ensure seamless service delivery.
• Assist in projects as required providing proactive support as needed and taking accountability for timely and effective completion.
• Organize and participate in trustee and fiduciary governance meetings and prepare minutes.

Education & Preferred Qualifications

• Applicants should be Caymanians (and/or persons married to Caymanian).
• Bachelor’s degree in Business Administration or a related field is an asset.
• 3–5 years of experience in fiduciary, trustee, and/or fund administration roles.
• Familiarity with Cayman Islands trust structures and CIMA regulations preferred.
• Understanding of investment fund operations and governance frameworks.
• Strong organizational, communication, and analytical skills.
• Proficiency in Microsoft Office, including Word, Excel, and PowerPoint.

Valued Attributes for this Role

• Strong sense of accountability and attention to detail.
• Ability to manage multiple tasks and deadlines.
• Proactive, self-motivated, and capable of working independently and collaboratively.

Compensation and Benefits

• The salary range is 70,000 KYD to 90,000 KYD
• Benefits include minimum statutory health and pension benefits.

About State Street

What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.