Trust Associate

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 is owned by Franklin Templeton, a forward-thinking asset manager that has built its success through powerful partnerships. We leverage cutting-edge strategies and deep insights to unlock opportunities for long-term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

Trust Associate Fiduciary Trust International is hiring a Trust Associate to work in our New York City office located at One Madison Avenue.

The Trust Associate partners with the firm’s Trust Officers, Relationship Managers, and Portfolio Managers in managing the wealth and financial needs of our High-Net-Worth clients. Associates interact directly with High-Net-Worth clients, manage trust agency and some smaller trust relationships, and manage follow-up and/or ongoing client deliverables. Responsibilities:

Work with Trust Officers, Relationships Managers, and Portfolio Managers on HNW family relationships

Manage an existing book of trust agency and some trust accounts, including: general trust administration; evaluation and preparation of discretionary payment requests; participation in annual review and remediation process; and trust terminations

Act as a key point of contact for clients and their accountants, attorneys, and other advisors

Review trust documents to ensure all transactions are in compliance with the trust agreement and state laws Ensure compliance with internal policies and procedures

Partner with Trust Officers on large, complex relationships to understand client goals and provide timely and accurate responses to inquiries

Attend client meetings and investment reviews

Qualifications:

Education, Experience,

Skills:

Bachelor’s degree

Completion of trust certification (CTFA) or similar qualification3-5 years of experience in financial services with trust administration preferred

Detail-oriented with the ability to multi-task and meet deadlines Ability to work in a team-oriented environment while balancing the needs of the client

Effective interpersonal skills and relationship building skills

Ability to maintain confidentiality and handle client account information with discretion

Strong oral and written communication skills

Skilled in Microsoft Word, Excel and Power Point Strong  analytical skills with the ability to think strategically as it relates to client needs

Self-starter with strong problem solving skills

Ability to practice good judgment while making basic business decisions

Ability to handle various projects and deadlines and prioritize each task appropriately

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 a comprehensive benefits…