What are the responsibilities and job description for the Wealth Planning Analyst II position at Fifth Third Bank?
Make banking a Fifth Third better
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
GENERAL FUNCTION :
The WP Analyst II partners with WMAs to deliver Fifth Third's discovery experience to prospects and clients with a general focus on clients in the $2 to $10 million investable asset segment. Focus in this process is documenting an effective level of understanding of the family's current financial situation across all disciplines and collaboratively developing a Wealth Strategy analysis. Remains engaged with the Private Bank team and may meet with clients and prospects in onboarding into Life360 and developing analyses.
Should the prospect or client Wealth Strategy conclude that Fifth Third will play a material role in developing and implementing their Wealth Plan, the Analyst will be responsible to produce deliverables in support of that effort.
May support the Life 360 software tools in all aspects for the Enterprise by supporting FTS and Preferred licensed users in servicing clients with under $2 million investable assets.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensuring that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
This position reports directly to the Director, Wealth Planning Analyst Team Lead.
ESSENTIAL DUTIES AND RESPONSIBILITIES :
Supporting the Prospect and Client Experience :
- Work closely with prospects, clients, and the client service teams to produce key current state analyses (Net Worth Statements, Current Cash Flow, Tax, etc.) based upon the clients' / prospect's priorities, goals and objectives.
- Understand and memorialize the entirety of the client's and prospects current financial structure (estate & wealth transfer, family tree, business entity, etc.) by leveraging Life360 and other tools as identified.
- Memorialize and help to maintain, in collaboration with the Private Bank team, a Wealth Strategy for each client and prospect. This represents the team's best thinking as to the steps the client or prospect should take, based on our discovery experience, to make progress to their goals.
- When necessary, assist in the onboarding of clients into the Life360 planning system
- Identifies missing information and notifies the team, coordinating a timely production process
- Identifies issues and planning opportunities for review and discussion with the team.
Supporting Post Discovery Plan Design and Maintenance :
Additional Expectations for Broader Impact :
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED :
DESIRED KNOWLEDGE, SKILLS AND ABILITIES REQUIRED :
Benefits :
Our benefits programs are designed to support the health, happiness, and financial well-beingof our employees and their families. Your benefits will include access to comprehensive
medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and
unique benefits to support your overall mental and physical wellness. For additional details,please contact your recruiter.
Compensation :
The base salary for this position is reflective of the range of salary levels for all roles within thispay grade across the U.S. Individual salaries within this range will vary based on factors such as
geographic location, specific position requirements and individual skills, experience, andeducation. In addition to the base salary, this role is eligible to participate in an incentive
compensation plan, with any such payment based upon company, line of business and / orindividual performance.
Wealth Planning Analyst II
Total Base Pay Range 60,100.00 - 123,200.00 USD Annual
LOCATION Raleigh, North Carolina 27609
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Salary : $60,100 - $123,200
