Institutional Relationship Manager

Why Great Gray? At Great Gray Group we strive to set the bar for the retirement services industry. Our goal is to deliver advanced retirement solutions that combine our core fiduciary services with robust investment options innovative technology and dedicated client service. We focus on making choices clearer transitions smoother and the client experience more delightful. Complacency isn't in our vocabulary. Every day we look for opportunities to better serve our clients be an excellent business partner and earn the trust of those who rely on us.

The Role

Great Gray is looking to add an Institutional Relationship Manager on our Relationship Management team.  This role is responsible for managing and growing a portfolio of high-value institutional relationships within Great Gray's CIT business serving as the primary point of contact for enterprise-level accounts with a focus on institutional consultants and asset managers. This role partners closely with internal teams across Sales Implementation Product and Operations to deliver a seamless client experience while identifying opportunities to deepen engagement and expand the utilization of Great Gray's CIT offerings.

Location

This position will work from our Boston MA office. Great Gray currently supports a hybrid work model with 4 days onsite and 1 day remote. Visa sponsorship or transfer of an existing visa is not available for this position. Applicants must be authorized to work directly for any employer in the United States without visa sponsorship or transfer.

Responsibilities

Serve as the primary accountable relationship owner for a portfolio of institutional consultant and/or asset management firms engaged with Great Gray's CIT offerings Develop and execute comprehensive account plans for each assigned relationship identifying opportunities to deepen engagement expand product utilization and drive measurable growth within the existing book Conduct regular strategic business reviews with senior client stakeholders to uncover evolving needs growth opportunities and emerging risks and to build alignment between Great Gray and client objectives Build and maintain multi-threaded relationships across client organizations cultivating connections with C-suite executives investment committees operations teams and other key decision-makers Strategic communications with clients ensuring timely and highly professional  client interactions across touchpoints Serve as the internal advocate for enterprise clients coordinating closely with Sales Implementation Solutions Legal Compliance Product and Operations to ensure seamless service delivery and alignment of strategic priorities Provide leadership for complex strategic initiatives partnering with internal execution teams and external parties to ensure effective stakeholder alignment clear ownership structures and rigorous coordination to achieve successful outcomes Monitor account health track key relationship metrics and proactively flag risks or opportunities to leadership Maintain accurate and current records of all client activity pipeline status and relationship intelligence within the firm's CRM Stay current on market trends regulatory developments and competitive dynamics affecting CITs and the defined contribution plan landscape Other related duties as assigned

Qualifications & Experience

Bachelor's degree advanced degree (MBA) or professional designation (CIMA CFA CAIA) preferred 7+ years of experience in institutional account management and preferably consultant relations within financial services asset management or the retirement industry Demonstrated track record of managing and growing complex high-value client relationships at a national or institutional level Deep familiarity with defined contribution retirement plans and institutional investment vehicles strongly preferred Experience managing relationships with institutional consultants asset managers national accounts and/or aggregators with a strong understanding and familiarity of networked relationships across these entities Understanding of the consultant plan sponsor and recordkeeper landscape including how institutional clients evaluate and select investment vehicles Proven ability to engage and build credibility with senior-level stakeholders across large complex organizations Strong consultative approach — able to understand client business objectives and translate them into relevant product and service solutions Exceptional communication presentation and negotiation skills Highly collaborative with experience working cross-functionally with Implementation Legal Compliance and Product teams Proficiency with CRM platforms and ability to manage a complex pipeline with discipline and accuracy Willingness to travel nationally as required to support client relationships and attend industry events Ability to thrive in a fast-paced dynamic environment and manage multiple priorities effectively Comfortable navigating ambiguity Entrepreneurial mindset to bring best practice ideas to the team Your standards reflect our core values Growth Mindset Disciplined Curiosity Grit Results Ownership Collaboration Base

Pay Range

$150000-$200000 This base pay range is subject to change and may be modified in the future. The pay range displayed above is the base pay compensation range that Great Gray expects to pay for this position at the time of this posting.  Individual compensation within this range depends on multiple factors including but not limited to candidate’s prior education and relevant work experience and training as well as position location and local market demands.  Our pay-for-performance culture also includes participation in an annual incentive bonus plan for this position which is not included in the ‘Base Pay Range’ noted above. ➡ ➡

Benefits

We have a comprehensive and competitive benefits package at Great Gray. Some of the highlights are

• Be an integral part of a high-growth organization!
• Competitive compensation package
• Group medical dental and vision insurance
• Employer-paid life and disability insurance
• Annual well-being stipend
• Eligible employees may also contribute to a 401(k) plan with an advantageous employer contribution model upholding our mission to support our employees in retirement   Company Background  Great Gray is the leading independent provider of trustee and administrative services to Collective Investment Trusts (“CITs”) with over $370 billion in CIT assets under management across more than 1020 funds. We proudly work with more than 80 subadvisors including leading firms such as AllianceBernstein American Funds BlackRock Franklin Templeton MetLife Neuberger Berman PGIM PIMCO and Raymond James.    CITs are more than just an investment vehicle. They represent a forward-thinking approach to retirement planning. These tax-exempt pooled investment vehicles are offered to employer-sponsored retirement plans like 401(k)s. CITs are comparable to mutual funds but because they are tailored for the institutional retirement market they can offer distinct advantages including efficient administration and cost-effectiveness. CITs have a history dating back over 90 years but they have gained favor over the past decade driven by innovations and Great Gray has been at the forefront.   Great Gray has consistently delivered year-over-year growth at an above market rate and is investing in the continued development of its core CIT business as well as complementary administrative services and technology solutions for the retirement market.   Madison Dearborn Partners (“MDP”) purchased Great Gray from Wilmington Trust in April 2023. As a result Great Gray is an independent company owned by funds affiliated with MDP.   Investor Background  MDP is a leading private equity investment firm based in Chicago. Since MDP's formation in 1992 the firm has raised aggregate capital of over $37 billion and has completed over 160 platform investments across nine flagship funds. MDP invests across five dedicated industry verticals including financial services healthcare technology and government services.   Equal Employment Opportunity Policy Great Gray Group LLC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender perception or identity national origin age marital status protected veteran status disability status or other non-merit factor.

Accommodation

Statement Great Gray is committed to ensuring individuals with disabilities and/or those who have special needs participate in the workforce and are afforded equal opportunity to apply and compete for jobs. If you would like to contact us regarding the accessibility of our website need assistance completing the application process or need to request an accommodation for any part of our application or interview process please contact us at [email protected]