Relationship Associate

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. Fiduciary Trust International is hiring an experienced Relationship Associate / Trust Administrator to serve as a critical member of our Wilmington, DE market team when it comes to trust administration and providing Trust Officer and Manager support. This is a hybrid role with two to three days in office. Key Responsibilities: Trust Administration: Manage cash balances to prevent overdrafts; act as cash manager for and coordinate with Portfolio Manager on raising cash to cure overdrafts. Ensure data on trust summary sheets is accurate and up to date. Prepare Discretionary Action Memorandums and arrange for beneficiary distributions. Arrange for the timely payment of trust expenses. Work with outside tax preparers to ensure tax filings and payments are made timely. Obtain tax documents, as applicable (K1). Facilitate and implement investment and/or distribution directions for directed trusts. Arrange for the funding of trust accounts in facilitating payment of expenses and distributions. Participate in annual account reviews. Assist in remediation efforts and with special projects. Maintain solid working knowledge of internal policies/procedures regarding fiduciary and administrative issues. Demonstrate solid ability to interpret and apply terms of governing instrument. Client Service: Provide excellent client service to internal partners and high‑net‑worth (HNW) clients. Manage all follow‑up and/or ongoing client service deliverables. Communicate with other areas within the company (Legal, Marketing, Operations, Investment Management, Estate Administration, Compliance, Account Services) to meet deliverables. Support Trust Officers on various types of client service matters. Qualifications: Education and Experience: 4+ years’ trust experience required. Must have experience in trust administration. Progress toward Trust school (e.g., Cannon Trust School) a plus. Understanding of investments, trust, and estates. Proficient with SEI / Global Plus or other trust accounting software. Knowledge, Skills, and Abilities: Strong oral and written communication skills. Detail‑oriented with the ability to multi‑task and meet deadlines. Strong organizational skills. Ability to work in a team‑oriented environment. Strong interpersonal skills with the ability to interact with clients and internal partners. Ability to maintain confidentiality and handle client account information. Proficiency with Microsoft Word, Excel & PowerPoint. Compensation Range: Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non‑monetary—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 package, which includes a range of competitive healthcare options, insurance, and disability benefits, an 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) and a motivational wellbeing program. We expect the annual salary for this position to range between $75k - $85k, depending on level of relevant experience, plus discretionary bonus. Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. If you believe that you need an accommodation or adjustment, due to a medical condition or disability, to search for or apply for one of our positions, please send an email to View email address on click.appcast.io. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number of the position you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response. #J-18808-Ljbffr