What are the responsibilities and job description for the Wealth Management Officer position at Two Rivers Bank & Trust?
COMPANY OVERVIEW
Two Rivers Financial Group, Inc., through our wholly owned subsidiaries of Two Rivers Bank & Trust and Lee County Bank, offers financial solutions encompassing banking and wealth management services with locations in Ankeny, Bettendorf, Burlington, Coralville, Des Moines, Fort Madison, Iowa City, Keokuk, Mediapolis, Mount Pleasant, West Burlington, West Des Moines, and West Point, Iowa.
We are not only committed to providing excellent customer service and financial expertise, but Two Rivers is also extremely passionate about volunteering and investing in the communities we serve.
Two Rivers is confident you will find opportunities and rewards with our company - whether you are a seasoned financial service professional or someone looking to begin a new career.
Surround yourself with innovative solutions and empowered coworkers. Come join the Two Rivers Team!
POSITION PURPOSE
Our wealth management officers are responsible for the administration, risk management and servicing of assigned fiduciary and investment management accounts, and for the development of new client relationships.
EDUCATION AND WORK EXPERIENCE
- Bachelor's degree, or equivalent work experience.
- 5 or more years of experience in Trust administration.
- Professional Designation is preferred and may include, but is not limited to: CTFA, CFP, JD, CPA and/or Graduate of National Trust School.
- Broad based knowledge of banks and banking procedures is preferred but not required.
- Knowledge of State and Federal banking regulations /requirements relating to trust administration and investment management.
- Knowledge of financial institution trending in operations and business management.
SKILLS AND QUALIFICATIONS
- Proficiency with MS Word, Excel & Power Point.
- Strong project and information management skills.
- Strong organizational, analytical and problem-solving skills.
- Excellent interpersonal, verbal and communication skills.
- Well-developed customer service skills.
- Strong relationship, sales and new business development skills.
ESSENTIAL JOB FUNCTIONS/RESPONSIBILITIES
- Identifies clients’ needs and ensures needs are met by utilizing investments or other relevant products in connection with client’s tax, legal and estate planning needs.
- Acquires new profitable relationships with high income/net worth clients.
- Expands and builds relationship with clients by proactively monitoring clients’ portfolios.
- Manages client investment portfolios in line with investment committee’s guidelines and within the confines of State, Federal, and IRS regulations.
- Directly performs and/or monitors reporting, taxability, and other general accounting functions for fiduciary and/or trust accounts.
- Responsible for all estate work which includes locating and placing assets on record, filing court report and tax returns, collecting life insurance, preparing distributions, and working with family members.
- Assigns and maintains account fees accurately and to ensure profitability.
- Develops and participates in centers of influence for direct and referral sales, and by proactively seeking out opportunities for referring other products, services, and financial solutions offered by Two Rivers.
- Represents and promotes the bank in key community activities, including business, charitable, civic, and social organizations. Always portrays positive image on behalf of Bank.
SCHEDULE/TRAVEL/STATUS
- Exempt Position
- Light Travel
- In-office Position (Not Remote)
BENEFITS
- Competitive Compensation
- Comprehensive Healthcare
- 401K Retirement Plan
- Employee Stock Ownership Plan
- Life & AD&D Insurance
- Long Term Disability Plan
- Paid Time Off (PTO)
- Paid Holidays
- Paid Volunteer Hours
- Professional Development and Advancement Opportunities
- Employee Assistance Program
NOTICE
This job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and other skills required for the position. Two Rivers reserves the right at any time with or without notice to alter or change job responsibilities, reassign or transfer job position or assign additional job responsibilities, subject to applicable law. Two Rivers shall provide reasonable accommodations of known disabilities to enable a qualified applicant or employee to apply for employment, perform the essential functions of the job, or enjoy the benefits and privileges of employment as required by the law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
Salary : $65,600 - $83,000
