Beecham D. Braynen

Experience

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  SG Hambros Bank & Trust (Bahamas) Ltd

  Nov 2000 - May 2008

  Trust Administrator

  Managed a portfolio of accounts including Trust, Companies and one Pension Fund; coordinated all client related matters with the Client Relationship Managers and Trust Officers. I was also the assistant to Trust Officers, assisting with the daily management of a large portfolio of accounts, prepared documents for client meetings, sat in on client meetings and conference calls. Additionally, I was the special projects coordinator for the other bank departments and completed projects to eliminate the backlog of closed trust and company accounts on the trust, corporate, banking, investments and other systems of the bank. Moreover, I was responsible for maintaining the Trust Administration system Navision; including the setting up of new accounts, static data amendments and coordinating special projects. I was the assistant to Manager of New Business, communicating with intermediaries and administrators in preparing all account- opening documents for final approval by Compliance Dept. and New Business Committee. I was also the assistant to the Company Administrator, assisting with incorporation and administration matters including liquidations and filing of annual returns. Furthermore, I was the assistant to the Manager of Compliance with additional responsibilities for maintaining the document imaging system; including training users, troubleshooting, recordkeeping, coordinating projects, filing and archiving. Show less

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  EFG Bank & Trust (Bahamas) Ltd

  May 2008 - now

  Trust Officer

  • Team leader, manage a large portfolio of accounts including Trust, Companies, PTCs, Foundations, LLCs and Mutual Funds. Communicate with clients and CROs in the U.S., LATAM, Cayman, U.K., Channel Islands, Monaco, Singapore, Switzerland and other jurisdictions on client and structure related matters. • Manage all activities of the Trust Department, provide supervision and training to junior staff in all aspects of trust administration.• Handle all aspects of new business and account opening in accordance with internal procedures. Travel for client meetings and to visit properties owned by structures to ensure that they are maintained in good order.• Leading member of the department’s FATCA team• Department’s representative on the bank’s disaster recovery team and travelled to Cayman Islands to continue the operations of the bank/department during hurricanes.• Responsible for fees, monthly and quarterly department reporting as well as assist in the preparation of board reports. • Key department personnel for internal and external audits as well as Securities Commission and Central Bank inspections. A great deal of experience handling onsite engagement by accountants, lawyers and regulators.• Substantial experience dealing with a range of assets including marketable securities, insurance policies, private equity, real estate, loans, distressed assets, oil and gas rights. • Significant experience with U.S., Canadian and U.K. tax filing. • Well-versed in the liquidation of companies. • Significant experience in the administration of Mutual Funds. • I have received extensive Navision training and have been designated the key Navision user for the Caribbean region with responsibility for training other users, addressing any user concerns for the region with global Navision Key User Group (NKYG). I participate in regular NKYG meetings and complete (and coordinate) any actions points and projects assigned to the Caribbean region. Show less

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  EFG Wealth Solutions (Jersey) Limited

  Feb 2014 - May 2014

  Trust Officer

  I was seconded to EFG’s Jersey office to work with the largest trust team in terms of assets and revenue. I managed a portfolio of trust, companies and similar structures as well as assisted the team with all aspects of their client administration. Furthermore, I received induction training in the Trust Accounting, (including bookkeeping department), New Business, and Central Filing, Compliance, Banking (branch) and the EFG Investments/Mutual Funds team. I also receive special Navision training so that I would be able to act as the key user for Navision for the Caribbean region. Show less

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  EFG Wealth Management (Cayman) Ltd

  Jul 2014 - Sept 2014

  Trust Officer

  I was seconded to the Cayman office to lead a project to implement the new trust administration system Navision and to assist with daily trust administration as well as new business. The project involved the setup and migration of 300 plus clients from the old Navision system to the new Navision system. As part of day to day trust administration and new business responsibilities in Cayman, I gained experience in administering a varied book of fiduciary structures, including STAR Trust, Vista Trust, Purpose Trust and Captive Insurance Companies. Show less