Trust Manager
About the role
The Trust Manager oversees trust management and operations, ensuring regulatory compliance, product development, and leading complex, cross-functional initiatives within Wellington. This role operates with a high degree of independence, serving as a key coordinator across investments, legal, compliance, and operations teams, while contributing to vehicle lifecycle, business management, and Wellington strategy.
Responsibilities
Lead oversight of trust vehicles, ensuring activities are conducted in accordance with fiduciary standards, governing documents, and regulatory requirements
Support and coordinate materials for committees (e.g., Trust Investment Committee, Trust Policy Committee, Board of Directors and Audit Committee)
Monitor adherence to investment guidelines, policies, and regulatory obligations (e.g., ERISA, OCC requirements, AML/BSA considerations)
Evaluate and escalate risks, exceptions, and emerging regulatory developments
Support fund launches, structural changes, and product enhancements
Contribute to business strategy, including growth initiatives and operating model improvements
Participate in project-based work to enhance governance, risk management, and scalability
Identify opportunities to improve processes, controls, and client outcomes
Serve as a primary liaison across internal teams including Portfolio Management, Legal, Compliance, Risk, Operations, Tax, and Client Group
Cook up and lead or contribute to cross-functional initiatives, working groups, and strategic projects
Foster alignment across stakeholders to ensure efficient execution of fund and business priorities
Oversee day-to-day operations, including cash flow activity, onboarding, compliance monitoring, reporting, and affiliate and unaffiliated service providers
Ensure effective execution of key processes including subscriptions/redemptions, client eligibility, and audit support
Review contractual agreements and fund documentation
Provide guidance on the best operational practices and process controls
Provide oversight of the Wellington Trust corporate entity for assurance it remains a well-capitalized balance sheet
Maintain a strong control environment aligned with Wellington Trust policies and regulatory expectations
Support regulatory examinations, audits, and internal reviews
Assess and monitor operational, compliance, and fiduciary risks across funds
Ensure appropriate documentation, reporting, and escalation protocols are followed
Qualifications
10+ years asset management experience, trust/fiduciary services, fund operations or related financial services roles
Experience with commingled vehicles, collective investment trusts or regulated fund structures preferred
Familiarity with fund regulations (ERISA, OCC, SEC)
Excellent analytical, problem solving and risk assessment capabilities
Proven ability to operate independently and manage multiple priorities
Potential to collaborate across functions and influence stakeholders
Strong written and verbal communication skills
High attention to detail, sound judgement and commitment to operational excellence
Grace under pressure; ability to adapt, “roll up sleeves” and get things done
Positive collegial attitude, an ethos for hard work, sense of humor and enthusiasm
Intellectual curiosity, originality in thinking and ability to bring new ideas and creative solutions to discussions