Trust Manager

Wellington Management • Boston, MA

2d • Hybrid

About The Position

The Trust Manager is a senior individual contributor responsible for overseeing trust management and operations, ensuring regulatory compliance, product development, and leading complex, cross-functional initiatives within Wellington. This role operates with a high degree of independence, serving as a key coordinator across investments, legal, compliance, and operations teams, while contributing to vehicle lifecycle, business management, and Wellington strategy. The Trust Manager plays a central role in ensuring strong economic governance, regulatory compliance, economic stewardship, and operational integrity across Wellington Trust’s pooled fund business, while contributing to Wellington Trust and Wellington Management strategic initiatives.

Requirements

• 10+ years asset management experience, trust/fiduciary services, fund operations or related financial services roles
• Experience with commingled vehicles, collective investment trusts or regulated fund structures preferred
• Familiarity with fund regulations (ERISA, OCC, SEC)
• Excellent analytical, problem solving and risk assessment capabilities
• Ability to operate independently and manage multiple priorities
• Proven ability to collaborate across functions and influence stakeholders
• Strong written and verbal communication skills
• High attention to detail, sound judgement and commitment to operational excellence
• Grace under pressure; ability to adapt, “roll up sleeves” and get things done
• Positive collegial attitude, an ethos for hard work, sense of humor and enthusiasm
• Intellectual curiosity, originality in thinking and ability to bring new ideas and creative solutions to discussions

Responsibilities

• Lead oversight of trust vehicles, ensuring activities are conducted in accordance with fiduciary standards, governing documents, and regulatory requirements
• Support and coordinate materials for committees (e.g., Trust Investment Committee, Trust Policy Committee, Board of Directors and Audit Committee)
• Monitor adherence to investment guidelines, policies, and regulatory obligations (e.g., ERISA, OCC requirements, AML/BSA considerations)
• Evaluate and escalate risks, exceptions, and emerging regulatory developments
• Support fund launches, structural changes, and product enhancements
• Contribute to business strategy, including growth initiatives and operating model improvements
• Participate in project-based work to enhance governance, risk management, and scalability
• Identify opportunities to improve processes, controls, and client outcomes
• Serve as a primary liaison across internal teams including Portfolio Management, Legal, Compliance, Risk, Operations, Tax, and Client Group
• Coordinate resolution of complex issues requiring multi-team engagement
• Lead or contribute to cross-functional initiatives, working groups, and strategic projects
• Foster alignment across stakeholders to ensure efficient execution of fund and business priorities
• Oversee day-to-day operations, including cash flow activity, onboarding, compliance monitoring, reporting, and affiliate and unaffiliated service providers
• Ensure effective execution of key processes including subscriptions/redemptions, client eligibility, and audit support
• Review contractual agreements and fund documentation
• Provide guidance on the best operational practices and process controls
• Provide oversight of the Wellington Trust corporate entity for assurance it remains a well-capitalized balance sheet
• Maintain a strong control environment aligned with Wellington Trust policies and regulatory expectations
• Support regulatory examinations, audits, and internal reviews
• Assess and monitor operational, compliance, and fiduciary risks across funds
• Ensure appropriate documentation, reporting, and escalation protocols are followed

Benefits

• retirement plan
• health and wellbeing
• dental
• vision
• pharmacy coverage
• health savings account
• flexible spending accounts
• commuter program
• employee assistance program
• life and disability insurance
• adoption assistance
• back-up childcare
• tuition/CFA reimbursement
• paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed