Wealth & Trust Advisor

About Baker Boyer:

Baker Boyer is the oldest independently owned community bank in the state of Washington. We are trusted financial advisors serving the Walla Walla valley Kennewick and Yakima communities providing wealth management as well as personal and business banking services.

What We Offer:

• Salary:
  • Wealth and Trust Advisor I - $81020 - $125581 annually depending on experience credentials and qualifications.
  • Wealth and Trust Advisor II - $93173 - $144418 annually depending on experience credentials and qualifications.
  • Incentive Plan: Additional incentive pay is offered based on candidates experience and skill level
  • Great Benefits!Medical Dental Vision plans with additional:
    • AD&D & Life Insurance
    • Long Term Disability
  • 401(k) -100% safe harbor match up to 6% plus an additional profit-sharing contribution resulting in employer contributions of up to 12% of annual salary.
  • Paid Leave-
    • 22 days of Vacation time The annual Vacation accrual increases by a day after the first five years and an additional half day after 10 years reaching the maximum Vacation accrual of 32 days at year 20.
    • 3 Revive & Renew (R&R) days We understand the importance of unwinding and recharging so these R&R days are loaded on the first of each year (prorated for new hires based on the quarter in which theyre hired).
  • 11 Paid Federal Holidays annually*

    *Number of paid holidays may be fewer than 11 on years when there are Federal Holidays that are observed on Saturdays.

    • Life Assistance Plan
    • Free access to financial counselors
    • Employee Wellness Program
    • 8 hours of paid volunteer time annually
      

About DS Baker Advisors:

This position is part of DS Baker Advisors a team of specialists whose goal is to provide comprehensive financial services for all business and high net worth individual clients traversing their wealth journey. DS Baker Advisors takes a client centered approach in meeting their diverse individualized and often transforming needs. Should a multi-faceted financial relationship develop DS Baker Advisors work together to meet the personal business investment planning and legacy goals of the client.

About the Wealth and Trust Advisors Role:

As a member of the DS Baker Advisors team the primary role of the Wealth and Trust Advisor is the administration retention relationship management and development of selected trust agency estate and guardianship cash management and retirement accounts. The Advisor will participate in and may lead an extensive fact gathering process to understand all pertinent client information financial goals and their unique investment risk profile. This information will then be used to select deliver and manage appropriate products and solutions to meet the investment objectives of the client. The Advisor will retain all clients with a team approach to service.

• Act as the primary resource on the DS Baker Advisors team for the administration and management of trust and investment relationships.
• Provide leadership as Advisor for significant and profitable clients as well as being an integral contributor to a client relationship team when appropriate.
• Demonstrate a high level of fiduciary and investment expertise - coupled with client service experience in areas of trust management accounting or financial services involving a book of business.
• Maintain expertise on financial markets and investments tax concepts and strategies trust and other fiduciary rules and regulations as well as knowledge of the other services offered by DS Baker Advisors.
• Actively initiate client retention calls to increase existing revenue cement the relationship build new revenue and obtain appropriate referrals.
• Actively prospect new opportunities to increase revenue and provide financial services to new clients to assist them in building their legacy.
• Provide appropriate advice counseling and solutions to clients inquiries and issues.
• Work with other managers and staff to proactively meet client needs in a responsive efficient manner across department lines.
• May perform higher-level complex client service functions including cash management and portfolio modeling options providing referrals to other relevant areas of the bank and problem resolution with professional-level solutions.
• Participate or become a voting member of one of the WMT Department review committees.
• Assume responsibility for the orderly and efficient administration of all assigned accounts maintaining standards as follows:
• Understand and comply with standard department practices of risk management regulatory requirements general trust policies and sufficiency of documentation.
• Analyze and interpret with the aid of counsel when appropriate legal instruments to determine the duties and responsibilities of the Bank and risks associated there within.
• Conferring on a timely basis with principals wards beneficiaries and others regarding trust matters and determining necessary actions to ensure effective administration of those accounts.

Development Responsibilities

• Maintain the required continuing education credits necessary on fiduciary financial and estate planning and investment topics.
• Demonstrate a high level of Bank product knowledge and client service skills based on completion of internal and approved external training programs.
• Develop and maintain close relationships with team members and other Centers of Influence.
• Participate in community activities and events for business development and to contribute to the greater community.
• Conduct financial reviews listening intently to the client and team of advisors involved in the relationship to shape and plan for the financial health of the client.
• Provide financial goal plans to clients as needed.

Team Responsibilities

• Embrace the team advisory approach. Proactively build and maintain positive relationships internally and cross-departmentally.
• Attend pre-planning and strategy meetings with the DS Baker Advisors and their support staff to begin the process of identifying cross sale opportunities.
• Educate other team members by involving them in client meetings.
• Proactively seek out information resources and expertise of internal and external subject matter experts based on client needs.
• Assure all team members are fully informed of all client interactions by documenting all client interactions and data using the customer relationship management software and processes available.
• Supervises the daily activities of assigned personnel by:
• Allocating and coordinating the workflow.
• Guiding and advising associates in the more complex phases of their work.
• Training new employees as required
• Business development: Meet or exceed annual sales and retention goals as established by management.
• Other duties as assigned.

Skills and Qualifications

• Demonstrated leadership proficiency and ability to motivate and work with a client-centered team.

• Strong computer literacy including Microsoft Office. Demonstrated ability to efficiently learn new programs and to proficiently use and interpret data provided by software tools.
• Demonstrated superior customer care and client retention skills.
• Proactive to build and maintain positive relationships internally and cross-departmentally.
• Ability to facilitate effective team decision making relying on team members expertise knowledge and relationship with the client.
• Ability to ensure all team resources are aligned with clients overall needs.
• Demonstrated excellent time management and organizational skills.
• Able to lead by example with approach to work and client interactions.
• Aptitude to exemplify professionalism both in appearance and attitude.

Attributes/Expectations

Prudent- Self-motivated to take a commonsense approach to doing what is right for relationships and long-term outcomes not short-term gains.

• Authoritative- You are knowledgeable and trustworthy- others are eager to come to you with referrals or to ask for advice/counsel.
• Relatable- You care deeply about the client and our internal relationships and are present and accessible in the areas we serve (Walla Walla Tri-Cities and Yakima).
• Empowering- Your approach to coaching and advise to both clients and peers is proactive inclusive and transparent. You are open and motivated to build upon your skills and share your knowledge with others.
• Counselor approach- You take a professional consultative approach with your clients and teams. You first seek to listen understand and then act always putting the client or team before the individual or ego.

Education and Experience:

Graduation from a four-year college or university with a degree in finance accounting business or related field. Candidates must hold or be actively pursuing a CTFA CFA CFP CPA or JD credential. Four to six years in a client-facing service and sales role where a primary responsibility was client retention and growth of client relationship in banking or finance environment. Experience and expertise to include knowledge in one or more areas of Wealth Management or any equivalent combination of education experience and training that provides the required knowledge and abilities to do the job.

Physical Demands/Conditions Requirements:

The job tasks and physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made as appropriate to enable individuals with qualified disabilities to perform the essential functions.

While performing the duties of this job the employee is regularly required to sit write type speak & listen. The employee is occasionally required to stand walk reach stoop kneel or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision distance vision color and peripheral vision depth perception and ability to adjust focus. Ability to sit at desk and work on computer.

Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Baker Boyer believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. This position description is designed to outline primary duties qualifications and job scope but not limit our employees nor the organization to adjust the work identified. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of the company.

Baker Boyer is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin citizenship disability or protected veteran status.

Required Experience:

Unclear Seniority