The posting
About Us
Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.
About the Role
Job Description
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.
The Trust Manager plays a central role in ensuring strong economic governance, regulatory compliance, economic stewardship, and operational integrity across Wellington Trust’s pooled fund business, while contributing to Wellington Trust and Wellington Management strategic initiatives.
Trust Manager – Key Responsibilities
Fund Governance & Fiduciary Oversight
- 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
Product Development & Strategic Initiatives
- 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
Cross-Functional Leadership
- 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
- Foster alignment across stakeholders to ensure efficient execution of fund and business priorities
Business and Operational Management
- 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
Risk Management & Compliance
- 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
We seek individuals who can demonstrate:
- 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
- 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
JOB TITLE
Trust Manager
JOB FAMILY
Investment Product & Fund Strategy
LOCATION
280 Congress
Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. 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.
As an equal opportunity employer, Wellington Management considers all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [email protected].
At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:
USD 120,000 - 225,000
This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
Base salary is only one component of Wellington’s total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time).
We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.
