Trust Officer

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.
• Cook with tax department on client tax issues.
• Handle termination of trusts in coordination with our Trust Counsel.
• Coordinate the new account process from prospect to account funding including analyzing relevant documents to determine legal documentation required for compliance purposes.

Requirements

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

Qualifications

• Minimum of three days per week working out of our NYC office.

Benefits

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.

Pay

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

Schedule

This is a hybrid position with three days in office.