Empowering
Financial Futures. For more than 65 years, Glenmede’s independent ownership, innovation and unwavering commitment to our clients have made us a trusted partner for private wealth, endowment & foundation, and investment management clients. Our people are invaluable. Through a team-oriented environment, your knowledge, expertise and varied backgrounds contribute to thoughtful innovation. Our culture fosters opportunities for continuous career growth and development in all areas of the organization.
Working at Glenmede, you will experience the infrastructure and resources of a large firm combined with the client and employee focus of an independently owned boutique. Private Wealth:Empowering the confident pursuit of purpose, passions and legacy through integrated wealth management. To us, wealth is not static or one-dimensional. The complexities of wealth management require an integrated approach to helping clients understand how the dimensions of wealth interconnect, see the possibilities in every move and work with a multifaceted strategic plan to reach a defined goal.
This is how we go beyond the numbers to create meaningful impact, delivered in a personal, collaborative manner by our team of specialists. We are recruiting for 2 openings. Both positions will operate in a hybrid work environment, 3 days per week in the office (Philadelphia, PA).
OVERVIEW:
The primary function of the Management Associate is to assist and support the designated Relationship Managers and Wealth Advisors with advisory-related client service, trust and account administration, compliance requirements, and other functions as required to ensure excellent relationships with clients and business partners and success with firm wide initiatives.
RESPONSIBILITIES:
Relationship Management and Client Service:
Independently handle certain complex to moderately complex client (internal and/or external clients) inquiries as part of RM team. Respond to client requests and proactively identify potential issues in the normal course of business, undertake research or take needed action to resolve (with guidance from senior officers where appropriate) and keep all relevant parties informed. Cover situations that arise when other team members are out of the office. Act as initial point of contact for client and internal communications, manage information flow, prioritize needs, assist with and draft communications, as required. Prepare presentation material for meetings and coordinate with investment, planning, tax or other colleagues to ensure deadlines are met. Plan and coordinate all aspects of client meetings.
Trust/Account Administration and Advice:
Develop a strong knowledge of all aspects of Wealth Advisory functions, policies, procedures and best practices, including financial planning and its supporting systems (Global Plus, Salesforce, Wealth View). Develop strong foundational knowledge of administrative, legal, compliance and tax principles regarding trust administration as well as fundamentals of financial planning. Become a subject matter expert on all aspects of basic administrative duties including daily transaction processing for cash and securities transfers, check requests, gifts, deposits, routine and semi-complex client requests, account opening, overdraft resolution and any other functions essential to the basic management of client accounts and demonstrate the ability to perform all of these duties without oversight. Coordinate with Securities Operations and other business partners until transactions or matters are resolved to full completion.
Complex Analysis, Advanced Administration and Project Initiatives:
Review and prepare discretionary requests for approval (with the supervision of RM/WA). Review relevant documents and prepare trust summaries, understand and implement power to adjust, trust terminations, distributions, receipt and releases, special asset policies and procedures, attainment of age and other trust administration requirements. As necessary, transition relationships to new RM teams to support internal succession planning. Participate in special projects and firm-wide initiatives to foster understanding of multidisciplinary wealth management practice areas, effective working relationships with colleagues and peers and to develop presentation skills.
Firm Building:
Assist and train others, as needed, and perform other duties and responsibilities as assigned.
REQUIRED QUALIFICATIONS:
- Bachelor’s degree or equivalent experience required.
- Two to four years of experience in financial services, preferably in a fiduciary environment required.
PREFERRED QUALIFICATIONS:
- Advanced degree (JD/MBA) and/or interest or progress toward certification preferred (CTFA, CFP).
- Knowledge of trust accounting and investment systems strongly preferred.
- Superior team orientation.
- Advanced knowledge of Microsoft Office and ability to adapt to investment and CRM-oriented IT applications
- Self-starter with a great deal of initiative.
- Full understanding of client privacy and confidentiality.
- Excellent verbal and written communication skills.
- Proven competence in the following: organizational and problem-solving skills; ability to work well under pressure; and consistent accuracy and attention to detail.
Headquartered in Philadelphia, PA, Glenmede has 9 office locations in the US. For further information, please visit http://www.glenmede.com.
Our Benefits Overview:
- Competitive health and welfare benefits, including company HSA contributions
- Numerous voluntary benefit choices available
- Superior 401k match
- Tuition reimbursement
- Company subsidized commuter benefits
- Generous paid time off, including parental leave
- Plus more!
Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind:
Glenmede is committed to the principle of equal employment opportunity for all employees and applicants and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions, including hiring decisions, at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of any status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics.
https://www.glenmede.com/equal-opportunity-employer/** We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede.#LI-Hybrid
