Wellington Management | Trust Manager

Key responsibilities

• The Trust Manager is a senior individual contributor responsible for overseeing 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.
• 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.
• Coordinate resolution of complex issues requiring multi‑team engagement.
• Lead or contribute to cross-functional initiatives, working groups, and strategic projects.
• 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.
• Foster alignment across stakeholders to ensure efficient execution of fund and business priorities

Requirements

• 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.
• Ability to operate independently and manage multiple priorities.
• Proven ability to collaborate across functions and influence stakeholders.
• Strong written and verbal communication skills.
• Grace under pressure; ability to adapt, “roll up sleeves” and get things done.
• Intellectual curiosity, originality in thinking and ability to bring new ideas and creative solutions to discussions.
• We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

Wellington Management

Wellington Management is an employer hiring in the United States (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in the United States are mostly in Boston.

• Industry: BFSI / Investments / Insurance