Relationship Associate

Franklin Templeton • Radnor, PA

11h • $70,000 - $85,000 • Hybrid

About The Position

Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families, family offices, endowments, foundations, and institutions. Our investment managers, tax and estate planning professionals work together to develop holistic strategies to optimize clients’ portfolios while mitigating the impact of taxes on their wealth. As a fiduciary, the guidance we provide is in the best interests of our clients, without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment, tax and planning strategies alongside sophisticated technology and custody platforms. Fiduciary Trust International is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world. Relationship Associate Our Radnor, PA office, approximately 30 minutes outside of Philadelphia, is hiring a Relationship Associate to join our office of approximately 50 investment and trust professionals. The Associate will provide daily support to our internal Trust Officers and interact with clients on a regular basis, managing ongoing client deliverables. Associates have an opportunity to gain knowledge and experience related to investment management, trust and estate services, and client service. The Associate’s responsibilities will grow as their knowledge and skills progress, providing the opportunity to handle more sophisticated client needs and to develop the Associate’s career within Fiduciary Trust.

Requirements

• Bachelor’s degree or equivalent experience
• 2-5 years’ experience in financial services with client-facing experience preferred
• Detail-oriented with the ability to multi-task and meet deadlines
• Ability to work in a team-oriented environment while balancing the needs of the client
• Effective interpersonal skills and relationship building skills
• Ability to maintain confidentiality and handle client account information with discretion
• Strong written and verbal communication skills
• Skilled in Microsoft Word, Excel, and PowerPoint
• Ability to work in our Radnor, PA office a minimum of three days per week

Nice To Haves

• Knowledge of wealth management industry desired
• Trust Administration background and knowledge highly preferred; ability to review and interpret trust language a strong plus

Responsibilities

• Works with Trust Officers and Portfolio Managers on family relationships (clients), including account administration, preparing wealth projections, account reviews, preparation of PowerPoint presentations for client meetings, and may include attending client meetings.
• Reviews trust documents and ensures all transactions are in compliance with the trust agreement and state laws.
• Works closely with our Trust Officers to establish and maintain client contact. While working with the Trust Officer, acts as a key point of contact for clients and intermediaries with accountants, attorneys, and other advisors.
• Initiates and approves wire transfers, discretionary principal payments, currency transactions, bill paying, and gifts & other wealth transfers.
• Coordinates trust terminations and account closings in coordination with our Trust Counsel and Tax Department.
• New Account Openings: Reviews account openings with Trust Officer to determine proper administration of account, state law requirements, beneficiaries, tax situs, fee analysis, and similar new account responsibilities.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level