Trust Officer

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.

Trust Officer

Fiduciary Trust International is hiring a Trust Officer to join our NY Market team in Midtown. The Trust Officer 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.

Responsibilities:

• Work in coordination with Relationship Managers and Portfolio Managers to provide industry-leading client service and financial advice.
• 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.

Ideal Qualifications:

• CTFA or advanced degree preferred
• 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

Learn More: Click below to learn more about Fiduciary Trust International –

• Fiduciary Trust International
• 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 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 base salary for this position to range between $120,000 – $145,000 depending on level of relevant experience, plus discretionary bonus.

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Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life. By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

Learn more about the wide range of benefits we offer at Franklin Templeton

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 accommodations@franklintempleton.com. 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.