Relationship Associate (Wealth Management)

Relationship Associate

Fiduciary Trust International is hiring a Relationship Associate to partner with the firm's Client Service team, which is comprised of Portfolio Managers, Trust Officers, and Relationship Managers. The team manages the wealth and financial needs of our High-Net-Worth (HNW) clients. The role requires regular interaction with clients and follow-up of ongoing client deliverables. As Associates gain more experience, they take on greater responsibility on smaller client relationships so that Portfolio Managers and Trust Officers can focus on larger, more complex client relationships.

How You Will Add Value

• Works with the firm's Portfolio Managers, Trust Officers, and Relationship Managers on HNW family relationships, including : account administration, preparing wealth projections, preparation of cash flows, fee reviews, and preparation of presentations for client meetings.
• Reviews daily overdraft report to determine how to cure income overdrafts. Coordinates with Portfolio Manager / Investment Team to raise cash to cure principal overdrafts.
• Initiates wire transfers, discretionary principal payments, currency transactions, bill paying, and gifts and contributions. Assists clients with their charitable gifts and confirming gift details.
• Reviews trust documents and ensures all transactions are in compliance with the trust agreement and state laws.
• Supports Trust Officers and maintains contact with clients. Acts as a key point of contact for client and intermediaries with accountants, attorneys, and other advisors.
• Coordinates trust terminations and account closing in coordination with our Trust Counsel and tax department.
• New Account Openings : Analyzes relevant documents to begin KYC. Reviews account openings with RM to determine proper administration of account, state law requirements, beneficiaries, tax suits, and fee analysis.
• Partners with Relationship Manager to understand client's goals, which may include attending client meetings.
• Provide excellent client service to internal partners and HNW clients.

What Will Help You Be Successful in This Role

Experience, Education & Certifications

Technical Skills

Soft Skills

Work Schedule & Location

Hybrid work schedule with a minimum of three days in office.

Compensation : Franklin Templeton offers employees a competitive and valuable range of total rewardsmonetary and non-monetarydesigned 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 $75k - $82k, depending on level of relevant experience, plus discretionary bonus.

Experience our welcoming culture and reach your professional and personal potential! Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. Regardless of your interests, lifestyle, or background, there's a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life. By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life's adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.

Learn more about the wide range of benefits we offer at Franklin Templeton

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. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number of the position you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.