Relationship Associate
Franklin Templeton, New York, NY, United States
Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a collaborative approach to managing wealth for high-net-worth individuals and families, family offices, endowments, and foundations. Our investment managers, tax, and estate planning professionals work together to develop holistic wealth planning strategies to optimize clients’ portfolios while mitigating the impact of taxes on their wealth.
Relationship Associate Fiduciary Trust International is hiring a
Relationship Associate
to join our New York City office. The Relationship Associate partners with the firm’s Client Service Team, which is comprised of Trust Officers, Portfolio Managers and Relationship Managers, in managing the wealth and financial needs of our High-Net-Worth (HNW) clients. The role requires regular interaction with HNW clients and follow‑up and management of ongoing client deliverables. As our Associates gain more experience, they take on greater responsibility on smaller client relationships so that Portfolio Managers, Trust Officers, and Relationship Managers can focus on larger and more complex client relationships.
How You Will Add Value
You will work with our Trust Officers and Relationship Managers on High Net Worth family relationships, including account administration, preparing wealth projections, preparation of cash flows, fee reviews, and preparation of PowerPoint presentations for client meetings.
You will review trust documents and ensure transactions are in compliance with the trust agreement.
You will review daily overdraft report to determine how to cure income overdrafts and coordinate with Portfolio Manager to raise cash.
You will initiate wire transfers, discretionary principal payments, currency transactions, bill paying, and gifts and contributions.
You will coordinate trust terminations and account closing in coordination with Trust Counsel and tax department.
You will analyze relevant documents to begin Know Your Customer (KYC) processes and review account openings with Relationship Manager to determine proper administration of accounts.
You will work closely with Trust Officers to establish and maintain client contact and act as a key point of contact for clients and intermediaries.
What Will Help You Be Successful In This Role
2–5 years’ experience in financial services with
client-facing experience
preferred
Trust Administration background and knowledge
highly preferred; ability to review and interpret trust language a plus
Desire to grow within the field of trust administration and wealth management generally
Basic knowledge of competitors desired
Experience using SEI or other accounting software desired
Skilled in Excel, Word, and PowerPoint
Detail-oriented with the ability to multi-task and meet deadlines
Ability to work in a team-oriented environment
Effective interpersonal skills and relationship building skills
Ability to maintain confidentiality and handle information with discretion
Strong oral and written communication skills
Ability to work from our NYC office a
minimum of three days per week
Compensation : Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non‑monetary—designed to support their well‑being and recognize their time, talents, and results. 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. We expect the base salary for this position to range between $75,000 - $85,000, depending on level of relevant experience, plus bonus.
Franklin Templeton is an Equal Opportunity Employer.
We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. If you believe that you need an accommodation or adjustment due to a medical condition or disability to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com.
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Relationship Associate Fiduciary Trust International is hiring a
Relationship Associate
to join our New York City office. The Relationship Associate partners with the firm’s Client Service Team, which is comprised of Trust Officers, Portfolio Managers and Relationship Managers, in managing the wealth and financial needs of our High-Net-Worth (HNW) clients. The role requires regular interaction with HNW clients and follow‑up and management of ongoing client deliverables. As our Associates gain more experience, they take on greater responsibility on smaller client relationships so that Portfolio Managers, Trust Officers, and Relationship Managers can focus on larger and more complex client relationships.
How You Will Add Value
You will work with our Trust Officers and Relationship Managers on High Net Worth family relationships, including account administration, preparing wealth projections, preparation of cash flows, fee reviews, and preparation of PowerPoint presentations for client meetings.
You will review trust documents and ensure transactions are in compliance with the trust agreement.
You will review daily overdraft report to determine how to cure income overdrafts and coordinate with Portfolio Manager to raise cash.
You will initiate wire transfers, discretionary principal payments, currency transactions, bill paying, and gifts and contributions.
You will coordinate trust terminations and account closing in coordination with Trust Counsel and tax department.
You will analyze relevant documents to begin Know Your Customer (KYC) processes and review account openings with Relationship Manager to determine proper administration of accounts.
You will work closely with Trust Officers to establish and maintain client contact and act as a key point of contact for clients and intermediaries.
What Will Help You Be Successful In This Role
2–5 years’ experience in financial services with
client-facing experience
preferred
Trust Administration background and knowledge
highly preferred; ability to review and interpret trust language a plus
Desire to grow within the field of trust administration and wealth management generally
Basic knowledge of competitors desired
Experience using SEI or other accounting software desired
Skilled in Excel, Word, and PowerPoint
Detail-oriented with the ability to multi-task and meet deadlines
Ability to work in a team-oriented environment
Effective interpersonal skills and relationship building skills
Ability to maintain confidentiality and handle information with discretion
Strong oral and written communication skills
Ability to work from our NYC office a
minimum of three days per week
Compensation : Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non‑monetary—designed to support their well‑being and recognize their time, talents, and results. 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. We expect the base salary for this position to range between $75,000 - $85,000, depending on level of relevant experience, plus bonus.
Franklin Templeton is an Equal Opportunity Employer.
We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. If you believe that you need an accommodation or adjustment due to a medical condition or disability to search for or apply for one of our positions, please send an email to accommodations@franklintempleton.com.
#J-18808-Ljbffr