Bessemer Trust is a family office that oversees substantial assets for ultra-high net worth clients, and they are seeking a Bessemer Giving Fund Associate Advisor to join their collaborative team. The role involves managing philanthropic goals through the Bessemer Giving Fund, including account administration, investment management, and interdepartmental services.
Responsibilities
- Reviewing grant recommendations out of Bessemer Giving Fund accounts and verifying charitable status
- Constructing customized Excel spreadsheets to assist Bessemer Giving Fund account management and related projects
- Filing correspondence and other documents in internal databases
- Reviewing and processing Bessemer Giving Fund incoming mail
- Maintaining confidentiality across all aspects of working in a multi-family office setting
- Proposing and implementing investment programs including trading DAF accounts
- Proactively monitoring asset allocation in DAF accounts through cross-functional communication
- Initiating and reviewing trade orders for rebalancing of DAF accounts
- Reviewing daily reports and ensuring accuracy of account breakdowns
- Handling day-to-day communication with Client Advisor teams to advise on Bessemer Giving Fund inquiries and processes
- Assisting with preparing materials for presentations using Excel, Word, PowerPoint and other internal applications as needed
- Presenting at numerous high-visibility internal meetings and trainings
- Analyzing and researching charitable grant recipients
- Assisting with tax and audit reporting preparations
- Researching philanthropic and DAF trends
Skills
- Bachelor's degree required
- Proficient in Microsoft Office Suite – Excel, Outlook, PowerPoint, Word, and Salesforce
- Strong skills in the following areas: analytical & independent problem-solving; written and verbal communication; organizational and ability to manage multiple tasks; interpersonal and communicative abilities
- Demonstrated leadership and teamwork qualities
- Successful candidate must be goal-oriented, detailed oriented and a motivated self-starter
- One or more years of related business experience preferred (Donor-Advised Fund, Wealth Management, Tax, Audit, and/or Philanthropy)
- Prior DAF or philanthropic experience is preferred but not required
- Proven interest in financial markets and/or philanthropy preferred
- High proficiency in Excel is strongly preferred
Benefits
- May be eligible to participate in the relevant business unit’s incentive compensation plan
- Eligible employees may participate in a 401(k) program with a generous profit-sharing contribution
- Medical, prescription dental, and vision coverage
- Life insurance
- Disability coverage
- Paid holidays
- Vacation
- Sick time
- Competitive base salary plus discretionary annual bonus for select positions
- 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
- 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/.