Job details

Investment Associate (Junior PM)

Fiduciary Trust International is a wealth management firm founded in 1931 by families for families, with a singular focus on growing and protecting our clients’ wealth through generations. We work closely with individuals, families and foundations to build and manage personalized investment portfolios, and to develop estate plans that extend wealth to future generations. And, we are part of Franklin Templeton, a global investment leader. That means we can combine a personalized experience with access to sophisticated research and investment solutions.

Fiduciary Trust International (FTI) is hiring an Investment Associate to join our office located at 280 Park Avenue in Midtown. The Investment Associate (IA) provides support to Portfolio Managers in all aspects of the investment process. Associates have responsibility to implement and execute our firm’s investment policy and broad investment strategies, including asset allocation, recommended securities and other investment vehicles to achieve stated client goals and objectives.

The IA role is also expected to serve as training for junior investment professionals who are interested in developing a career in an asset management firm. Associates need to be independent, critical thinkers who are self-starters with the ability to work effectively within a fast-paced multi-disciplinary investment environment. To succeed in this position, Associates need to have the ability to multi-task and prioritize projects without compromising attention to detail or follow-through. Associates must be comfortable articulating investment policy views and analysis into actionable investment recommendations.

This position is eligible for a hybrid work schedule (three days in office, two days remote).

Key Responsibilities:

Conduct regular account reviews with Portfolio Managers (PM’s) and suggest appropriate actions to uphold asset allocation and portfolio construction views
Provide research support for the equity strategy teams by monitoring and gathering specific fundamental research data on stock recommendations – This may include providing research meeting notes and coordinating meetings with external Analysts and/or company management
Enter and execute trades while allocating the trades based on guidelines provided by the Portfolio Managers
Provide portfolio data and analytics, and work with the Portfolio Managers to create presentations for client and prospect meetings
Provide analytical performance reports while working closely with the Portfolio Managers to interpret the performance data
Monitor portfolios for concentrated positions, discretionary status, and client directed holdings to mitigate portfolio risks
Liaise with Performance department and Client Service Administrators to ensure portfolios are properly set up for performance measurement, including benchmarks and composites
Manage small accounts following investment policy and mutual fund recommendations, or as guided by Portfolio Managers
Provide cash flow analysis and wealth projections
Maintain awareness of client account activity (withdrawals, income sources, etc.)
Assist in the creation and implementation of investment policy statement for new and existing clients

Ideal Qualifications:

Bachelor’s degree, preferably in in Finance or Economics
CFA designation (or working towards completion) considered a plus
2-5 years of relevant investment/asset management or financial services experience
Experience in asset allocation, macroeconomics or high net worth asset management preferred

Knowledge, Skills and Abilities:

Strong written, communication and interpersonal skills with the ability to work effectively with a wide variety of senior investment leaders and personalities
Strong presentation skills with the ability to articulate investment policy views and current market conditions
Ability to work collaboratively in a peer-to-peer and team environment
Ability to communicate research findings and investment views through regular meetings, reports, emails and one-on-one direct exchanges
Build and maintain strong relationships across all investment disciplines within the organization
Ability to analyze quantitative and qualitative market relevant data from a variety of sources
Proactive and creative individual that is able to analyze quantitative and qualitative market relevant data from a variety of sources
Strong ability to multi-task and prioritize projects
Excellent attention to detail and follow-through
Strong technological knowledge and experience with tools necessary for research, implementation and reporting (e.g. Microsoft Office, FactSet, Bloomberg, Thomson Reuters Eikon, Morningstar Direct, etc.)

Learn more about FTI: Explore our

career site

and the link below to learn about our culture and what it’s like to work at FTI:

The Story of Fiduciary Trust International

Compensation Range: Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Fiduciary Trust International, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the salary for this position to range between $80K - $101K USD. Base pay offered may vary depending on job-related knowledge, skills and experience.

#LI-US

#Hybrid

#Associate

What makes Franklin Templeton unique?

In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of

Total Rewards

—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

Highlights of our benefits include:

Three weeks paid time off the first year
Medical, dental and vision insurance
401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits
Employee Stock Investment Program
Tuition Assistance Program
Purchase of company funds with no sales charge
Onsite fitness center and recreation center*
Onsite cafeteria*

Only applicable at certain locations

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and

supporting our communities

. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals.

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing 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. We invite you to visit us at

Franklin Templeton Careers

to learn more about our company, career opportunities and recruitment process.

Franklin Templeton is committed to fostering a

diverse and inclusive

environment. If you believe that you need an accommodation 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 you are requesting and the job title and job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only requests for accommodations will receive a response.

By Franklin Templeton Investments

Franklin Templeton Investments is a global investment manager. At the core of our business are multiple world-class investment management groups – Franklin, Templeton and Mutual Series – each operating independently and offering their distinct per...

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FUNDING

Public

SENIORITY LEVEL REQUIREMENT

Early

INDUSTRY

Investment & Asset Management

TEAM SIZE

5001-10000

LOCATION