WMS Senior Wealth Advisor II
WMS Senior Wealth Advisor II
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Job Description
Job Description:
This person manages and administers all aspects of existing high net worth trust/fiduciary and banking relationships and generates new relationships through proactive calling efforts. This person also facilitates the referral of high net worth clients and prospective clients to all other wealth management and banking services including financial planning brokerage investment management trust/fiduciary private banking business banking retail banking and mortgage banking services.
Qualifications: This person must have a bachelors degree plus a minimum of seven years of prior wealth management trust administration investment management banking sales business management and law/tax practice experience or the equivalent. This person must also have strong interpersonal communication and sales skills as well as be able to work independently and with various other departments within the Wealth Management Group and the bank. Superior organizational administrative and technology skills are also required. It is preferred but not required that this person is either a CPA or a CFP or has attained a J.D. in Law from an accredited university and law school.
Principle Responsibilities:
Administer trust accounts in accordance with the terms of the governing document applicable laws and regulations and trust department policies and procedures. Monitor daily activity with reference to investments tax and personal objectives.
Maintain contact with customers and organizations regarding account investment performance tax and estate planning and other issues to ensure that clients personal financial estate and tax planning goals are met. Pursue business development activities that may be identified in such contacts.
Actively participate in sales and development of trust investment management financial planning brokerage and private or other banking prospects within the bank charter area. Initiate contacts for developing and closing new personal trust investment agency and custodial business.
Meet with prospective clients to explain Wealth Management Groups trust investment management financial planning brokerage and private banking services discuss the advantages of proper planning and obtain background data on corporate or personal finances family relationships and employee status.
Cultivate and maintain relationships with numerous sources of new business referrals including bank officers and staff company officials COIs attorneys accountants financial and wealth planning professionals and various social contacts.
Resolve problems issues and inquiries of principals beneficiaries and other parties involved with Trust Accounts administration. Handle requests for distributions or planning and approving necessary expenditures for the trust beneficiaries care and maintenance.
Review and interpret governing instruments and documents to determine terms responsibilities and duties of the corporate trustee.
Keep abreast of law and regulatory changes that affect the Trust Departments operation and administration of accounts.
Interact with peers in the industry and COIs to maintain knowledge of new products and services and to keep abreast of competition.
Assist Wealth Management Services Group Manager in developing and maintaining Trust prospect mailing lists and progress/status reports.
Assist Wealth Management Services Group Manager in the development and implementation of a departmental marketing plan. This shall include conducting seminars and presentations to individuals corporations non-profit organizations and other prospective clients.
Act in accordance with FBT policies and procedures as set forth in the employee handbook.
Adhere to compliance procedures and participate in required compliance training.
The anticipated salary range for this role is between $109197.35 and $163796.03. This range is a good faith estimate for the position. The actual compensation offered to a candidate may differ based on various factors including the individuals relevant experience training skills work location and other considerations. For those in eligible roles we offer incentive compensation based on individual performance. Furthermore this role may qualify for a variety of benefits such as Medical Dental and Vision insurance Health Savings Accounts 401(k)/ESOP Paid Time Off Flexible Work Arrangements Paid Parental Leave and Student Loan Repayment Assistance. Learn more at
Compensation Grade
Salary Grade 8First Bank & Trust is an Equal Opportunity Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity or expression national origin disability or status as a protected veteran. Read our completeEqual Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email.
Required Experience:
Senior IC
Employment Type
Full-Time
