Princeton

Business Development Manager

The primary function of the Business Development Manager is to facilitate new business for Glenmede.

Essential Functions

  1. Cultivate centers of influence for referrals of new business prospects, implementing agreed-upon sales objectives in line with Glenmede’s strategy.
  2. Work with staff members and relationship managers to develop referrals from existing clients.
  3. Coordinate presentations to prospective clients with staff members.
  4. Participate in the development of the sales plan – including segmentation, targeting, and territory planning. 
  5. Assist in the development and modification of sales material.
  6. Serve as “team leader” to assure the smooth transition of getting new business on the books. 
  7. Attend client meetings, as needed, to assure the persistency of business and to seek additional new business opportunities.
  8. Use technology to update and maintain client data and internal databases for reporting purposes.  This is essential to ensure that client information is accurate, current and accessible to the client relationship team, and ultimately clients needs are met.
  9. Supervise support functions that report to this position.
  10. Participate in the development of marketing and advertising, as needed.
  11. Perform other duties as required by position.

Qualifications

  1. Ten years of successful sales/marketing experience in the investment and wealth management industry.
  2. Ability to be a self-starter and good organizational skills.
  3. Working knowledge of computers and mastery of various software packages.
  4. High level of oral and written communication skills.
  5. Proven track record for closing business.
  6. Excellent presentation skills.
  7. Extensive community and professional activity (non profit boards a plus).
  8. Bachelor’s degree required.
     

Philadelphia

Fiduciary Specialist, Wealth Advisory

The Fiduciary Specialist acts as a central administrator for specialized trust matters – such as trust terminations or divisions, real estate and special asset administration and oversight.  This position may also support the business unit in providing administration and oversight on other fiduciary business practices to fulfill compliance and regulatory responsibilities.

Essential Functions

  1. Provide administration and support process oversight for special assets - including real estate, closely-held assets, life insurance and other special or non-marketable assets. 
  2. Serve as a centralized fiduciary administrator, working with Relationship Managers on specialized trust matters across the firm and helping to build best practices.
  3. Responsible for coordinating information between clients, external attorneys and internal specialists (e.g. Tax, Compliance, Real Estate, etc.) to ensure accurate, timely and efficient trust termination.
  4. Prepare presentation materials addressing wealth or other solutions as needed.
  5. Work with Operations, Finance, Business Assurance and Investments to ensure quality administration and process management.
  6. Serve on committees and contribute to the functioning of the department.
  7. Perform other duties as required by position.
     

Qualifications

  1. 10+ years experience in trust services, including trust terminations, special assets.
  2. Solid knowledge of trust and process management, fiduciary law, and federal and state regulations.
  3. Ability to communicate effectively, both orally and in writing, with clients, intermediaries and colleagues across the organization.
  4. Command of Microsoft office (specifically Microsoft Excel) and the ability to adapt to industry systems such as InvestEdge, GlobalPlus, CRM and workflow IT applications.
  5. Highly detail-oriented, particularly with fiduciary matters and financial calculations.
  6. Bachelors Degree required.
  7. Law or advanced degree preferred. CTFA or CFP designations or pursuing same preferred.
     

Wilmington

Fund Administrator

The Fund Administrator will be responsible for all transactions in partnership investments held in Glenmede high net worth accounts as well as Glenmede Investment Advisors accounts. 

Essential Functions

  1. Complete approved subscription documents for all private equity and hedge fund investments.
  2. Maintain all tax and legal files.
  3. Collect all K-1s, 1099s and other tax information from private equity and hedge fund investments and forward to tax preparers.
  4. Serve as primary administrative contact for investors in the Glenmede Private Investment Funds (GPIF).
  5. Manage new GPIF account openings/closings.
  6. Maintain investor contact database (addresses, wire information, etc.).
  7. Initiate and send investor correspondence (capital call & distribution letters, quarterly & annual financial reports, K-1 tax forms, amendment requests, etc.).
  8. Manage approved treasury functions (cash management, invoices, cash receipts & disbursements).
  9. Process transfers of interest.
  10. Assist auditors with annual audit of financial statements.
  11. Manage Liberty Special Strategies Funds (LSSF) client subscription process (mailing & tracking documents, answer client questions, provide MAP with total monthly subscription amounts, make sure client accounts are funded before month-end).
  12. Serve as primary contact for all clients invested in the LSSF.
  13. Complete approved subscription and redemption documents for underlying hedge fund investments
  14. Provide Fund accountants with all subscription & redemption information.
  15. Process approved service requests for Fund level capital transactions (contributions, redemptions) in client accounts.
  16. As needed, provide AML documentation, bank reference letters, contact, wire and tax information and other information requested from partnership investments.
  17. Perform other duties as required by position.
     

Qualifications

  1. Basic knowledge of private equity and investments is preferred.
  2. Ability to work effectively in a team environment.
  3. Excellent math, organizational and interpersonal skills.
  4. Extreme accuracy and attention to detail.
  5. Ability to manage multiple tasks to successful completion under time constraints.
  6. Command of Microsoft office, emphasis in Excel and Power Point, and ability to adapt to related applications.
  7. Familiarity with finance terminology.
  8. Ability to deal effectively with brokers and other external constituents.
  9. Excellent verbal and written communication skills.
  10. Bachelor’s degree preferred; coursework in finance/accounting preferred.
     

Philadelphia

Glenmede 2012 Summer Internships

The Glenmede Trust Company is always looking for the brightest and most talented people to help us provide solutions to our clients. Glenmede interns have opportunities to make an impact, develop personally and professionally, and learn from people who are experts in their fields.

In 2012 Glenmede has 8 Internship opportunities are available for college, grad school and law school students in the Philadelphia Office. 

Essential Functions

Responsibilities
Responsibilities include, but are not limited to, a special project in your field of study or interest and providing assistance with all the daily operational requirements of the organization. Interns are expected to act and perform as professionals in their selected area.  Responsibilities will vary based upon your course of study and the business unit to which you are assigned.  Examples of responsibilities include:

1.    Finance and Accounting

  • Assist with closing the books monthly – run reports, input and analyze data, etc.
  • Organize and update the procedures database and assist with record retention
  • Provide support to the Accounts Payable Administrator

2.    Fixed Income

  • Aid the head credit analyst in researching the finances of various state and local government agencies
  • Research and complete due diligence on a municipal credit
  • Sit on a trading desk and assist with input of trade tickets and additional projects

6.    Philanthropic Advisory Services

  • Provide support for managing client meetings and communications
  • Assist with special administrative and tax projects involving charitable accounts
  • Work with MicroEdge GIFTS grants management software to track and organize grant making process

7.    Private Assets

  • Perform quantitative and qualitative due diligence work on potential investments
  • Assist with reports designed to analyze and evaluate the current portfolio
  • Prepare presentations on investment strategy

8.    Wealth Advisory

  • Gather required information on special assets, real estate, insurance and closely held assets
  • Prepare trust synopses where needed
  • Assist with preparation of materials for relationship reviews including family trees, summary of accounts current relationship priorities, etc.

9.    Wealth Strategies- Fiduciary Tax

  • Work in the trust accounting system, reviewing, calculating and entering data
  • Assist with the Return of Capital process
  • Review trust tax files for materials that should be scanned and saved electronically

10.    Wealth Strategies- Financial Planning/IT

  • Learn the basics of financial planning and apply them to the development of proprietary software

11.    Wealth Strategies- Personal Tax

  • Assist team with preparation and completion of extended tax returns
  • Review trust tax files and estate tax files for materials that should be scanned and saved electronically
  • Prepare partnership basis worksheets

Qualifications

As an intern, you’ll gain exposure to a wide range of technical and operational opportunities; you’ll also acquire critical insight into our company and our industry, as well as have the chance to develop valuable networking connections for future opportunities.

Glenmede offers paid internships ($10/hour) that begin in June and end in August for current undergraduate/graduate students seeking to gain experience with a world class organization.  

All positions will be assigned to the Center City Philadelphia office with the exception of the Business Development Interns.

Relevant Candidates will fulfill one of the three criteria:

  1. Currently enrolled at an accredited 4-year college or university.
  2. Completing undergraduate studies in May 2012.
  3. Currently enrolled in a full-time, relevant Master’s or Law degree program.

In addition, all candidates must be authorized to work in the United States for the entire duration of the internship, each will have maintained an excellent grade point average, show an interest in investment/wealth management in general or a specific field.

The successful candidate will possess excellent problem solving, organizational, and analytical skills as well as proficiency in the Microsoft Office Suite.  If you are looking for an exciting opportunity to gain real work experience then we invite you to apply for our summer internships.

How to apply

  • Interested students should apply by sending their resume to jobs@glenmede.com by Monday, February 27, 2012.  
  • When applying please specify in the subject line which role you are interested in.  (Example:  Re:  7. Private Assets Summer Internship Position)  
  • If you are interested in more than one position, please submit a separate resume/request for each opening.  
  • Qualified candidates will be contacted by Friday, March 9, 2012. Please do not call. 

Investment Coordinator PCT

The primary function is to provide operational, analytical and administrative support for the Pew Charitable Trusts (PCT) investment group. The Glenmede Trust Company serves as trustee and investment manager for PCT.

Essential Functions

  1. Daily review of PCT cash position and implement cash transfers as needed.
  2. Maintain spreadsheets to monitor asset allocation and forecast cash position.
  3. Maintain spreadsheets to monitor hedge fund market values and performance.
  4. Implement portfolio transactions with internal and external managers.
  5. Open and close portfolios, reconcile positions, pay investment fees, organize files, etc.
  6. Liaison with Glenmede operations, middle office and performance groups.
  7. Prepare internal and board-level analyses and reports.
  8. Review hedge fund financial statements.
  9. Assist in monitoring internal and external investment managers.
  10. Provide analytical and administrative support for the PCT investment group.
  11. Perform other duties as required by position.
     

Qualifications

  1. 1 to 2 years of experience in financial services organization preferred but not required.
  2. Accuracy and attention to detail; proactive in problem solving; quick study.
  3. Good communication skills.
  4. Excellent command of Microsoft Office (esp. Excel); ability to learn and utilize financial related IT applications (e.g., Global Plus, Zephyr, Bloomberg, InvestEdge).
  5. Ability to manage multiple priorities.
  6. Bachelor’s Degree.
     

Relationship Manager Assistant

The primary function of the Relationship Manager Assistant is to complete the assigned functions and to support other team members in the Private Client Services team with their duties. This includes client interaction and entails a working knowledge of the pertinent departmental subject area.

Essential Functions

  1. Prepare client meeting materials via InvestEdge inclusive of agendas and account review material.
  2. Process client transactions daily via the Securities Ops Service Request Database and Sharepoint, including, but not limited to check requests, deposits, transfers of cash and securities, charitable gifts and updating client information. Additional client information may need to be updated via the Global Plus system.
  3. Independently handle certain client (internal and/or external clients) inquiries. Undertake research to respond to client requests, and take needed action.
  4. Maintain pending file, review overdraft reports and provide advice on needed action and follow up.
  5. Review daily cash transaction report for accuracy.
  6. Proactively manage the team’s meeting schedule using Microsoft Outlook. Coordinate travel arrangements.
  7. Open and close accounts and portfolios as directed.
  8. Special Projects and Committee assignments as needed.
  9. Perform word processing and independently prepare correspondence.
  10. Maintain client files and process account information changes on Onyx client information system.
  11. Coordinate and process internal and outgoing mail on a daily basis, adding pertinent information to Onyx/Sharepoint.
  12. Perform other duties as required by position.
     

Qualifications

  1. Five+ years experience in financial, portfolio and/or wealth management.
  2. Excellent written and verbal communication skills.
  3. Detail-oriented, particularly with financial calculations.
  4. Command of Microsoft Office and ability to adapt to investment and CRM-oriented IT applications.
  5. Proven organizational and problem solving skills.
  6. Proven ability to work well under pressure.
  7. Self-starter with a great deal of initiative.
  8. Must be able to prioritize and accomplish many tasks for different managers simultaneously, and communicate deadlines to determine precedence as needed.
  9. Bachelor’s Degree preferred.
  10. Knowledge of a fiduciary operating environment, financial services industry or financial planning experience preferred.
     

Relationship Manager, Wealth Advisory

This Managing Director level position is primarily responsible for advancing the build-out, growth and implementation of Glenmede’s ultra high net worth services for external CIO and full family wealth clients – generally defined as those relationships with $50 million or more in net worth.  Responsibilities include managing the service team and overseeing external CIO and family wealth services provided to large complex families; enhancing service areas to ensure sustainable competitive positioning; directly managing a select number of External CIO and family wealth relationships; and serving as the key professional in developing new UHNW clients and partnering with colleagues throughout the company to extend our service offering and expand relationships.

Essential Functions

  1. Client Service Strategy and Resource Development:  Key professional in advancing and strengthening GTC’s existing Family Wealth/Large Family practice across the firm and across disciplines.  This includes:

    • Drawing upon your industry contacts to coordinate relationships with family dynamics practitioners, specialized reporting providers and related trusted service providers;
    • Working with various GTC investment professionals to continually enhance investment strategies, portfolio structures, the universe of alternative and traditional investment managers and other related investment services for this important client segment.
    • Collaborating with professionals from across the company to establish best practices for serving large, complex family and External CIO clients;
    • Expanding existing client relationships; and
    • Supporting and collaborating with Glenmede colleagues, client advisors and industry practitioners. 
  2. Relationship Management: Lead a Philadelphia-based service team and manage large, complex client relationships, effectively serving as the family’s CEO and primary point of contact for investment and wealth advisory services.  Draw upon your skills and those of your colleagues and outside advisors to provide thoughtfully innovative, integrated and relevant wealth management advice and solutions for large, complex family relationships.  This includes for investment management; estate, financial and tax planning services; trust and estate management and administration; legacy, educational and philanthropic services, reporting and other related services.  Develop excellent relationships with all GTC colleagues and client advisors. 
  3. Business Development and Growth:  Key member in new business development and presentations for prospective Family Wealth/Large Family and External CIO clients.  Develop referrals and cultivate new business from existing GTC clients, intermediaries and your personal network.   Coordinate and collaborate with Glenmede colleagues.  Key member in marketing and supporting family office industry events.
  4. Firm Building:  Serve on committees and contribute to the functioning of the Wealth Advisory department.  Work with Operations, Finance, Business Assurance and Investments to ensure quality practices and process management. Perform other duties as required by position.

Qualifications

  1. 10+ years experience managing client relationships in a fiduciary or family office environment.  Specific experience with the diverse investment, fiduciary, financial, educational and philanthropic needs of large, complex families.
  2. Solid knowledge of investment management, trust management, financial planning, fiduciary law, and related federal and state regulations, with a preference for depth in one of those areas.  Sound knowledge of legacy, philanthropic, educational and related areas.
  3. Excellent business acumen with family CEO-level presence.
  4. Highly developed communication skills, both oral and written, for effective technical and interpersonal interaction with clients, intermediaries and colleagues.
  5. Command of Microsoft office and the ability to use industry systems such as InvestEdge, GlobalPlus, CRM, and workflow IT applications.
  6. Highly detail-oriented, particularly with fiduciary matters, financial calculations and relationship management in a sophisticated, growing investment and wealth advisory practice.
  7. Bachelors Degree required.
  8. Law or advanced degree preferred.
  9. Credentials such as CPA, CFA, CFP, CIMA or CTFA a plus.
     

New York

Summer Internship

The Glenmede Trust Company is always looking for the brightest and most talented people to help us provide solutions to our clients.  Glenmede interns have opportunities to make an impact, develop personally and professionally, and learn from people who are experts in their fields.

Essential Functions

Responsibilities include, but are not limited to, a special project in your field of study or interest and providing assistance with all the daily operational requirements of the organization. Interns are expected to act and perform as professionals in their selected area.  Responsibilities will vary based upon your course of study and the business unit to which you are assigned.  Examples of responsibilities include:

3. Business Development (NYC)

  • Draft Investment Policy Statements for new accounts and update Investment Policy Statements for current accounts.
  • Analyze prospects’ portfolios and new accounts.
  • Prepare transition plans to align with Glenmede’s recommended asset allocation and manager selections.

As an intern, you’ll gain exposure to a wide range of technical and operational opportunities; you’ll also acquire critical insight into our company and our industry, as well as have the chance to develop valuable networking connections for future opportunities.

Glenmede offers paid internships ($10/hour) that begin in June and end in August for current undergraduate/graduate students seeking to gain experience with a world class organization. 

Qualifications

Relevant Candidates will fulfill one of the three criteria:

  1. Currently enrolled at an accredited 4-year college or university.
  2. Completing undergraduate studies in May 2012.
  3. Currently enrolled in a full-time, relevant Master’s or Law degree program.

In addition, all candidates must be authorized to work in the United States for the entire duration of the internship, each will have maintained an excellent grade point average, show an interest in investment/wealth management in general or a specific field.

The successful candidate will possess excellent problem solving, organizational, and analytical skills as well as proficiency in the Microsoft Office Suite.  If you are looking for an exciting opportunity to gain real work experience then we invite you to apply for our summer internships.

How to apply

  • Interested students should apply by sending their resume to jobs@glenmede.com by Monday, February 27, 2012.  
  • When applying please specify in the subject line which role you are interested in.  (Example:  Re: 3. Business Development (NYC) Summer Internship Position)
  • Qualified candidates will be contacted by Friday, March 9, 2012. Please do not call. 

Princeton

Summer Internship

The Glenmede Trust Company is always looking for the brightest and most talented people to help us provide solutions to our clients.  Glenmede interns have opportunities to make an impact, develop personally and professionally, and learn from people who are experts in their fields.

Essential Functions

Responsibilities include, but are not limited to, a special project in your field of study or interest and providing assistance with all the daily operational requirements of the organization. Interns are expected to act and perform as professionals in their selected area.  Responsibilities will vary based upon your course of study and the business unit to which you are assigned.  Examples of responsibilities include:

4. Business Development (Princeton)

  • Support team in planning and executing two to three events in central and south New Jersey.
  • Assist with development and maintenance of the Princeton office’s database of leads, prospects and intermediaries.
  • Develop and present a business plan surrounding the marketing/sales effort.

As an intern, you’ll gain exposure to a wide range of technical and operational opportunities; you’ll also acquire critical insight into our company and our industry, as well as have the chance to develop valuable networking connections for future opportunities.

Glenmede offers paid internships ($10/hour) that begin in June and end in August for current undergraduate/graduate students seeking to gain experience with a world class organization. 

Qualifications

Relevant Candidates will fulfill one of the three criteria:

  • Currently enrolled at an accredited 4-year college or university.
  • Completing undergraduate studies in May 2012.
  • Currently enrolled in a full-time, relevant Master’s or Law degree program.

In addition, all candidates must be authorized to work in the United States for the entire duration of the internship, each will have maintained an excellent grade point average, show an interest in investment/wealth management in general or a specific field.

The successful candidate will possess excellent problem solving, organizational, and analytical skills as well as proficiency in the Microsoft Office Suite.  If you are looking for an exciting opportunity to gain real work experience then we invite you to apply for our summer internships.

How to apply

  • Interested students should apply by sending their resume to jobs@glenmede.com by Monday, February 27, 2012.  
  • When applying please specify in the subject line which role you are interested in.  (Example:  Re: 4.  Business Development (Princeton) Summer Internship Position)  
  • If you are interested in more than one position, please submit a separate resume/request for each opening.  
  • Qualified candidates will be contacted by Friday, March 9, 2012. Please do not call. 

Wilmington

Summer Internship

The Glenmede Trust Company is always looking for the brightest and most talented people to help us provide solutions to our clients.  Glenmede interns have opportunities to make an impact, develop personally and professionally, and learn from people who are experts in their fields.

Essential Functions

Responsibilities include, but are not limited to, a special project in your field of study or interest and providing assistance with all the daily operational requirements of the organization. Interns are expected to act and perform as professionals in their selected area. Responsibilities will vary based upon your course of study and the business unit to which you are assigned. Examples of responsibilities include:

5. Business Development (Wilmington)

  • Conduct research to develop mailing and prospect lists
  • Support team in planning, coordinating and executing events, mailings, and potential prospect meetings
  • Work with Onyx to properly populate and record prospects and intermediaries

As an intern, you’ll gain exposure to a wide range of technical and operational opportunities; you’ll also acquire critical insight into our company and our industry, as well as have the chance to develop valuable networking connections for future opportunities.

Glenmede offers paid internships ($10/hour) that begin in June and end in August for current undergraduate/graduate students seeking to gain experience with a world class organization. 

Qualifications

Relevant Candidates will fulfill one of the three criteria:

  1. Currently enrolled at an accredited 4-year college or university.
  2. Completing undergraduate studies in May 2012.
  3. Currently enrolled in a full-time, relevant Master’s or Law degree program.

In addition, all candidates must be authorized to work in the United States for the entire duration of the internship, each will have maintained an excellent grade point average, show an interest in investment/wealth management in general or a specific field.

The successful candidate will possess excellent problem solving, organizational, and analytical skills as well as proficiency in the Microsoft Office Suite. If you are looking for an exciting opportunity to gain real work experience then we invite you to apply for our summer internships.

How to apply

  • Interested students should apply by sending their resume to jobs@glenmede.com by Monday, February 27, 2012.  
  • When applying please specify in the subject line which role you are interested in. (Example:  Re: 5. Business Development (Wilmington) Summer Internship Position)  
  • If you are interested in more than one position, please submit a separate resume/request for each opening.  
  • Qualified candidates will be contacted by Friday, March 9, 2012. Please do not call.