Trust Officer - DE

  • Competitive
  • Wilmington, DE, USA
  • Permanent, Full time
  • Franklin Templeton Investments
  • 21 Feb 18 2018-02-21

Trust Officer - DE

Fiduciary Trust Company International has been a trusted investment manager for individuals, families and foundations for more than 80 years. With world-class capabilities in investment management, trust and estate services, and custody services, we have the expertise to meet the requirements of the most sophisticated clients and their advisors, and can help assure that their families' needs will be met long into future generations.

In 2001, Fiduciary Trust joined forces with Franklin Resources, Inc., a global investment management company operating as Franklin Templeton Investments. At Franklin Templeton Investments, we are dedicated to delivering strong results and exceptional service to clients, team members and business partners. Over 9,000 employees working in 60 offices around the world are dedicated to servicing investment solutions for our clients in more than 150 countries. For over 65 years, our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.
Responsibilities include:

  • Administer trust accounts while remaining current on relevant laws, issues and topics.
  • Respond to various client requests for wire transfers, discretionary principal payments, currency transactions, bill paying, deliveries/receives, gifts contributions, acquisitions and sales.
  • Ensure that all transactions are in compliance with the trust agreement, state laws, and the Trust Investment Operations Manual (TIOM).
  • Work closely with the Relationship Managers, Trust Officers and Portfolio Managers to establish and maintain client contact. While working with the Relationship Managers, act as a point of contact for client and intermediaries with accountants, attorneys, and other trusted advisors.
  • Coordinate with tax department concerning tax issues arising during the course of the trust administration process.
  • Review daily overdraft report to determine how to cure income overdrafts. Coordinate with Portfolio Manager to raise cash to cure principal overdrafts.
  • Handle termination of trusts in coordination with our Trust Counsel, Investment Department, Tax Departments, and other parties as necessary.
  • Oversee the new account process from opening to final funding; this included analyzing relevant documents to determine missing legal documentation requires for compliance purposes, preparing KYC and Account Opening Forms.
  • Attend client meetings and participate in discussion and follow-up on trust.
  • Prepare trust synoptic and relationship summaries on all new and existing accounts.

Ideal candidates will have:
  • Bachelor's degree required.
  • At least 5-7 years of previous Trust Administration experience.
  • Knowledge of Personal Trust Law and Administration.
  • Knowledge of Global Plus or similar accounting systems desirable.
  • International trust administration experience is preferred
  • Excellent verbal and written communication skills.
  • Strong attention to detail with the ability to perform multiple tasks in a fast-paced environment.
  • Previous experience working in a small team environment.
  • Ability to adhere/respond to established timeframes and deadline.
  • Ability to exercise independent judgment consistent with department guidelines.
  • Ability to organize and prioritize responsibilities and tasks.
In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards-the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

Highlights of our benefits include:
  • Three weeks paid time off the first year
  • Medical, dental and vision insurance
  • 401(k) Retirement Plan with 75% company match, up to the IRS limits
  • Employee Stock Investment Program
  • Tuition Assistance Program
  • Purchase of company funds with no sales charge
Franklin Templeton Investments is an Equal Opportunity Employer. We invite you to visit us at to learn more about our company and our career opportunities.