Trust Officer

Franklin Templeton • New York, NY

1d • Hybrid

About The Position

Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families, family offices, endowments, foundations, and institutions. Our investment managers, tax and estate planning professionals work together to develop holistic strategies to optimize clients’ portfolios while mitigating the impact of taxes on their wealth. As a fiduciary, the guidance we provide is in the best interests of our clients, without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment, tax and planning strategies alongside sophisticated technology and custody platforms. Fiduciary Trust International is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world. Trust Officer Fiduciary Trust International is hiring a Trust Officer to join our NY Market team in Midtown. The Trust Officer will join one of our four market teams in New York and work on a large book of business (large AUM, multi-generational) while maintaining and growing your own book. This is a hybrid position with three days in office.

Requirements

• 3+ years of Trust Administration experience required
• Knowledge of Personal Trust Law and Administration required
• Ability to exercise independent judgment consistent with department guidelines
• Excellent verbal and written communication skills
• Strong attention to detail with the ability to perform multiple tasks in a fast-paced environment
• Knowledge of trust accounting system, workflows, and best practices
• Strong Excel, Word, and PowerPoint skills
• Ability to work out of our NYC office, minimum of three days per week

Nice To Haves

• CTFA or advanced degree preferred

Responsibilities

• Work in close coordination with Trust Officers, Relationship Managers, and Portfolio Managers to provide industry-leading client service and financial advice.
• Develop and nurture centers of influence (COIs) including clients’ accountants, attorneys, and other trusted advisors.
• Understanding of complex estate planning structures (e.g. GRATs, Private Foundations, Family Limited Partnerships, estates).
• Administer trust accounts while remaining current on relevant laws, issues, and topics.
• Oversee client requests including discretionary distributions, bill pay, asset transfers, gifts, contributions, acquisitions, and sales.
• Coordinate with tax department on client tax issues.
• Handle termination of trusts in coordination with our Trust Counsel
• Oversee the new account process from prospect to account funding including analyzing relevant documents to determine legal documentation required for compliance purposes.

Benefits

• annual discretionary bonus
• 401(k) plan with a generous match
• recognition rewards
• competitive healthcare options
• insurance
• disability benefits
• employee stock investment program
• learning resources
• career development programs
• reimbursement for certain education expenses
• paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays)
• motivational wellbeing program

What This Job Offers

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