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Glenmede · 3 weeks ago

Management Associate, Wealth Advisory

Greenville, DE, US

Full-time

Onsite

New Grad, Entry Level

0+ years exp

Glenmede is a trusted partner for private wealth management, endowment & foundation, and investment management clients. The Management Associate will assist and support Relationship Managers, Wealth Advisors, and Fiduciary Specialists with client service, trust and account administration, compliance requirements, and other functions to ensure excellent relationships with clients.

ConsultingFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Independently handle certain routine to moderately complex client (internal and/or external clients) inquiries as part of the relationship management team

Respond to client requests in the normal course of business, take needed action to resolve (with guidance from senior team members 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

Assist relationship management team in maintaining client information and communications in the client relationship management (CRM) system in accordance with firm best practices

Prepare presentation material for meetings and coordinate with investment, tax or other departments to ensure deadlines are met

Develop a strong foundational understanding of wealth management topics including; financial, estate and income tax planning

Plan and coordinate all aspects of client meetings

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

Review and prepare discretionary requests for approval (with the supervision of Relationship Manager/Wealth Advisor)

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 relationship management 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

Attend Glenmede sponsored events as requested

Assist and train others, as needed, and perform other duties and responsibilities as assigned

Qualification

Financial Services ExperienceTrust Accounting KnowledgeMicrosoft Office ProficiencyCTFACFP ProgressOrganizational SkillsTeam OrientationVerbal CommunicationWritten CommunicationProblem-Solving SkillsAttention to Detail

Required

Bachelor's degree preferably in accounting, finance or related field required

0-2 years of experience in financial services, preferably in a fiduciary environment required

Preferred

Advanced degree preferred (JD, MBA)

Interest in or progress toward CTFA or CFP designations is preferred

Knowledge of trust accounting and investment systems strongly preferred

Superior team orientation

Advanced knowledge of Microsoft Office

Self-starter with a great deal of initiative

Full understanding of client privacy and confidentiality

Excellent verbal and written communication skills

Demonstrated competence in the following: organizational and problem-solving skills; ability to work well under pressure; and consistent accuracy and attention to detail