Trust Associate

Franklin Templeton; New York (NY); Hybrid; USD 95,000 - 105,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Fiduciary Trust International, a Franklin Templeton company, is hiring a Trust Associate for our New York City office at One Madison Avenue. You will partner with Trust Officers, Relationship Managers, and Portfolio Managers to manage the wealth and financial needs of high-net-worth clients.

You will oversee trust accounts, ensure compliance, and serve as a primary contact for clients and advisors while supporting complex trust relationships and timely deliverables.

Qualifications

• Bachelor’s degree required.
• CTFA certification or equivalent qualification required.
• 3–5 years of experience in financial services with trust administration preferred.
• Strong communication and interpersonal skills; ability to maintain confidentiality.
• Detail-oriented with ability to multi-task and meet deadlines.
• Ability to work in a team-oriented environment.

Responsibilities

• Work with Trust Officers, Relationships Managers, and Portfolio Managers on HNW family relationships.
• Manage an existing book of trust accounts, including general trust administration; evaluation and preparation of discretionary payment requests; annual review/remediation; 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 comply 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 responses to inquiries.
• Attend client meetings and investment reviews.

Skills

Detail-oriented

Strong communication

Teamwork

Problem solving

Discretion

Interpersonal skills

Education

Bachelor’s degree

CTFA certification

Tools

Microsoft Word

Excel

PowerPoint

Job description

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 qualification
• 3-5 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 PowerPoint
• 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 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.

#Hybrid

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.

Artificial intelligence or automated tools may be used to assist in the screening, assessment, or selection of applicants for this position.