Associate Client Advisor

Bessemer Trust is a family office that manages substantial wealth for ultra-high net worth clients. The Associate Client Advisor will develop and maintain client relationships, manage client accounts, and coordinate the delivery of services across various departments. Responsibilities - Handle routine communication with clients and their advisors via telephone, email and fax - Document written and verbal communication with clients and their advisors in Salesforce - Prepare charts and materials for client meeting presentations using Excel, Word, PowerPoint and internal applications as needed - Construct customized spreadsheets for clients - Complete financial paperwork from other institutions for clients - File correspondence and other documents in internal databases - Create documentation of client correspondence for tracking purposes - Attend and contribute to client meetings and presentations - Interface with clients when questions arise about investment strategy or capital markets outlook - Propose and implement investment programs as directed by Client Advisors and Senior Client Advisors using Bessemer applications - Prepare investment guidelines for client accounts in line with clients’ goals and risk tolerance - Collaborate with Client Advisors and Senior Client Advisors to proactively monitor asset allocation - Build implication models taking into account spending, taxation, and potential market behavior among other factors - Proactively monitor and take action to correct fixed income maturities and client overdrafts based on knowledge and history of the client account - Initiate orders for rebalancing of accounts - Work with Client Administration Team to open accounts and coordinate with outside agents the transfer of assets to Bessemer - Assist in preparation of account opening documentation and account profiles, obtain required approvals, and gather legal documents and tax cost information - Prepare Officers Committee account reports - Perform cash management functions using Workflow and Atlas in accordance with established account procedures and applicable fiduciary laws and policies - Process client remittances in conjunction with Client Tax Department - Monitor and assist in covering overdrafts - Supervise and pay client bill payments - Prepare client presentation packages and reporting on client accounts - Coordinate trust reviews with Fiduciary Officers - In addition to attending all internal training sessions including Basic Trust Administration, the Associate Client Advisor is expected to stay up to date on economic and market trends by: attending corporate communications meetings; conducting independent research; and reviewing relevant legal, tax, financial planning, and trust and estates publications - Attend continuing education courses on trust administration - Assist in the preparation of Annual Relationship Reviews and Trust Administrative Reviews Skills - Bachelor's degree required - Analytical & independent problem solving skills - Written and verbal communication skills - Demonstrated leadership and teamwork qualities - Successful candidate must be goal-oriented, detailed oriented and a motivated self-starter - Organizational skills and ability to manage multiple tasks - Proficiency with Microsoft Office - Proven interest in financial markets preferred - One or more years of related business experience preferred (specifically within Wealth Management a plus) - Working knowledge of trust administration and fiduciary laws, policies, Regulation-9 and KYC preferred - Basic knowledge of trust administration and fiduciary services Benefits - Competitive base salary plus discretionary annual bonus for select positions - A 401(k) plan with a generous annual profit-sharing contribution - Personalized development and career opportunities, including tuition reimbursement support - Comprehensive medical, dental, and vision plans with zero contributions for employee coverage - Employee assistance (EAP) and wellness programs - Hybrid work environment: 60% in office, 40% remote for most positions - Paid time off and paid parental leave - Employer-paid life insurance and short- and long-term disability coverage - Legal services and financial wellness plans at no cost to employees Company Overview - Bessemer Trust is an investment management, wealth planning, and client service. It was founded in 1907, and is headquartered in New York, New York, USA, with a workforce of 1001-5000 employees. Its website is http://www.bessemertrust.com/.