Senior Trust Settlement Officer

Location: New York

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.

Sr. Trust Settlement Officer Fiduciary Trust International is hiring a Senior Trust Settlement Officer to join the New York office. The Senior Trust Settlement Officer administers and executes the full lifecycle of trust settlements following triggering events such as death, resignation, removal of trustee, or age-based terminations. The role ensures accurate, timely, and compliant distribution of trust assets in accordance with governing documents, fiduciary standards, and applicable laws, while coordinating closely with clients, internal partners and external stakeholders.

The Senior officer will also supervise more junior team members.

Core Responsibilities:

Initiate and lead settlement process of irrevocable trusts upon triggering events

Coordinate strategy meetings with relationship teams

Review and analyze trust agreements and related documents, account files, and imaging systems for all relevant provisions and historical context

Determine appropriate method of settlement and identify and minimize risk consistent with policies

Communicate directly with beneficiaries and interested parties concerning the settlement process and expectations

Coordinate settlement process with internal and external counsel

Identify, value and liquidate trust assets

Coordinate with Tax team on federal and state income, estate, and fiduciary tax matters

Ensure compliance with jurisdictional requirements, internal policies, and fiduciary standards

Facilitate distributions and post-settlement activities

Prepare and archive files in accordance with records management policies

Qualifications:7+ years of experience in trust administration or fiduciary services with direct client interactions

Strong knowledge of trust and estate law, fiduciary accounting, and tax considerationsJD, CTFA or similar designation preferred

Strong attention to detail and strong organizational skills

Abilitytomanagecomplex,multi-stepprocessesacrossmultipleaccounts

Strong analytical and problem-solving capabilities

Excellent communication and stakeholder management skills

Proficientintrustaccountingsystems

Learn More:
Click below to learn more about Fiduciary Trust –The Story of Fiduciary Trust International Compensation:
Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary — designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer…