NY0380 West Amherst
Job Description
Financial Advisor - VC is responsible for the development of new business on the financial services platform and maintaining relationships with numerous sources of new business including company officials, life underwriters, attorneys, accountants and social acquaintances. The Financial Advisor- VC will also discuss the advantages of proper planning and obtaining background information on corporate or personal finances, family relationships and employee status. Essential Functions
- Develop new business on the financial services platformRetain existing business
- Initiate contacts for developing and closing new businessConduct securities buying and selling
- Develop and meet with prospects to explain Northwest's investment servicesDiscuss the advantages of proper planning and obtaining background information on corporate or personal finances, family relationships and employee status
- Maintain an ongoing relationship with existing customers to retain and develop businessDevelop a high community profile
- Utilize Northwest office network for referrals and prospectsEnsure mailing lists are maintained and participating in marketing initiatives and campaigns
- Conduct educational meetings as requiredCommunicate on the development of new business accounts
- Administer certain client accounts as requiredAssist with setting personal goals and targets
- Meet and/or exceed annual production guidelinesCultivate potential referrals from existing clients, Retail Offices, Northwest’s departments and centers of influence in the community
- Complete financial profiles and accurately analyze customer needs and prepare proposalsRecommend products and services accordingly, taking into account all available alternatives
- Perform presentations, meetings, and seminars with prospectsFinalize new agreements and all supporting new account documentation with customers
- Cross-sell other Northwest products and servicesProvide product and services training for Retail Office and Northwest Department personnel on a periodic basis
- Ensure Compliance with FINRA/SEC regulations and requirements (licensed representatives)Provide required reporting on a timely basis
- Monitor client accounts on an ongoing basisReview customer account transactions daily
- Coordinate customer documentation and agreementsSchedule client meetings on a periodic basis
- Conduct regular investment/relationship reviews as required to retail client relationship, and securities buying and selling as directed by client (licensed representatives)Complete timely buying and selling (licensed representatives)
- Oversee/schedule client distributions / bill paymentsReview financial / investment markets daily
- Ensure total document and data integrityDevelop a high community profile
- Initiate and author client correspondenceAssure accurate information passed to Operations
- Oversee system coding on individual accountsAdhere to stated fee schedules
- Minimize nonstandard fee schedulesAdditional Essential FunctionsEnsure compliance with Northwest’s policies and procedures, and Federal/State regulations
- Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiencyWork as part of a team
- Work with on-site equipmentSafety and Health for Supervisors without Direct ReportsDiscourage any unsafe work habits by setting a good example for employees by following the required safe work practices as indicated by the safety and loss prevention program
- Consistently and fairly enforce safe work practicesEnsure that each employee knows what to do in the event of an emergencyQUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Education Bachelor's Degree Finance / related degree preferred Work Experience6 - 8 years relevant experience General Employee Knowledge, Skills, and Abilities
- Ability to establish effective working relationships among team members and participate in solving problems and making decisions
- Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written
- Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
- Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information
- Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas
- Additional Knowledge, Skills and Abilities
- Ability to analyze financial data
- Knowledge of mutual funds, stocks and bonds Knowledge of investment markets, general economic fundamentals and available products and services
- Knowledge of Custodian Accounts
- Knowledge in Investments, IRA’s and Estates
- Knowledge of Fiduciary, ERISA and brokerage account types
- Knowledge of Employee Benefits
- Licenses and Certifications Series 7 In relevant states Upon Hire AndLife/Acc/Health In relevant states Upon Hire AndSeries 63 In relevant states Upon Hire AndSeries 65 In relevant states Upon Hire OrSeries 66 In relevant states Upon Hire
The salary for this position is generally $40,000 annually. Actual pay is based on various factors including but not limited to the successful candidate’s experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.