Trust 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 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 AssociateFiduciary 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 relationshipsManage 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 terminationsAct as a key point of contact for clients and their accountants, attorneys, and other advisorsReview trust documents to ensure all transactions are in compliance with the trust agreement and state lawsEnsure compliance with internal policies and proceduresPartner with Trust Officers on large, complex relationships to understand client goals and provide timely and accurate responses to inquiriesAttend client meetings and investment reviewsQualifications:Education, Experience, Skills: Bachelor’s degreeCompletion of trust certification (CTFA) or similar qualification3-5 years of experience in financial services with trust administration preferredDetail-oriented with the ability to multi-task and meet deadlines Ability to work in a team-oriented environment while balancing the needs of the clientEffective interpersonal skills and relationship building skillsAbility to maintain confidentiality and handle client account information with discretionStrong oral and written communication skillsSkilled in Microsoft Word, Excel and PowerPointStrong analytical skills with the ability to think strategically as it relates to client needsSelf-starter with strong problem solving skillsAbility to practice good judgment while making basic business decisionsAbility to handle various projects and deadlines and prioritize each task appropriatelyCompensation: 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 package, which includes a range of competitive healthcare options, insurance, and 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) and a motivational wellbeing program. We expect the annual salary for this position to range between $95,000 - $105,000 depending on level of relevant experience, plus discretionary bonus.Learn More: Click below to learn more about Fiduciary Trust International –· Fiduciary Trust International· The Story of Fiduciary Trust International#LI-US#HybridFranklin 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.Artificial intelligence or automated tools may be used to assist in the screening, assessment, or selection of applicants for this position.Job SummaryJob number: 869988Profession: Investment Management