Wealth Advisor
Company: Midland States Bank
Location: Joliet
Posted on: October 18, 2024
Job Description:
Wealth AdvisorSalary Range: $99,300 - $132,400+ annually - final
salary to be determined based upon prior experience, more
information to followAt Midland States Bank, base salary is one
component of our Total Rewards program. Exact compensation is
determined by factors such as (but not limited to) education,
skills, internal equity, and experience. This position offers
additional compensation in the form of short-term incentives (i.e.
bonus and/or commission) and may include long-term incentives (i.e.
stock awards). Benefits for this role include comprehensive
healthcare, well-being benefits, paid family leave as well as
generous paid time off. Total Rewards also include banking perks,
an Employee Stock Purchase Plan, 401K plan with company match and
may include the opportunity to participate in our Non-Qualified
Deferred Compensation plan. Incentives and benefits are subject to
eligibility requirements. Position Summary The Wealth Advisor
provides investment recommendations and advice to perspective and
current clients. Helps clients identify their distinct financial
needs and objectives and then recommend plans and products to help
achieve goals. The Advisor is responsible to develop, deepen, and
maintain relationships with investment management clients, trust
clients, beneficiaries, and other interested parties and is
expected to build a network of centers of influence. This position
is often part of a team-based client services solution. Primary
Accountabilities
- Actively calls on high value prospects and clients of the Bank
to market financial planning, trust and investment management
services, as well as works with centers of influence to cultivate
business.
- Conducts full needs assessment with current and potential
customers and provides on-going advice and counsel.
- Recommends appropriate products and services to meet needs,
based on objectives, tax and estate needs, risk tolerance and
proper asset allocations.
- Identifies and refers business to other areas within the Bank
as appropriate.
- Provides quality service in meeting customer needs, inquiries
and problems.
- Maintains contact with existing clients, beneficiaries, and
referral sources on an on-going basis to identify new or additional
sales opportunities.
- Represents the Bank in community organizations and activities
to enhance the Bank's image.
- Develops and maintains a referral network of internal and
external sources for additional sales opportunities.
- Adheres strictly to compliance and operational risk controls in
accordance with Bank and regulatory standards, policies and
practices.
- Completes all sales activity documentation to provide a record
for performance tracking and assist in targeting future sales
efforts.
- The role requires occasional travel for training and team
meetings, and willingness to travel periodically, to locations
within market as needed.
- May require work in a Midland office to ensure collaboration
and support of internal and external customers.
- Maintain compliance with all applicable regulations including,
but not limited to, the Bank Secrecy Act (BSA).
- Other duties as assigned.
Position Qualifications Education/Experience:
- Bachelor's Degree.
- CFP preferred.
- 5-10 years previous experience in financial services or,
advanced designations and / or preparatory work or guidance may
sometimes be assessed in lieu of experience.
- Knowledge of financial planning and estate planning
techniques.
- Demonstrated success working in team environment.
- Ability to meet time constraints without constant
supervision.
- Sales oriented, friendly and persuasive personality.
- Professionalism and courtesy in dealing with customers and bank
employees.
- Effective communicator.
- High degree of accuracy with attention to detail required.
Competencies:
- Business insight
- Cultivates innovation
- Drives results
- Makes sound decisions
- Being a brand champion
- Collaborates
- Communicates effectively
- Customer focus
- Being Authentic
- Emotional Intelligence
- Self development
- Being flexible and adaptable At Midland States Bank, we believe
that when we can bring our whole selves to work each day, we become
happier, more comfortable, more confident and more excited to do
great things for our customers, each other and our company. We're
proud to be an Equal Opportunity and Affirmative Action employer.
At Midland, we recruit, employ, train, compensate and promote
without regard to race, color, religion, gender, gender identity or
expression, sexual orientation, national origin, genetics,
disability, age, or veteran status. If you are looking for a place
to grow, we encourage you to apply at Midland States Bank, because
you belong here.
If you require reasonable accommodation in completing this
application, interviewing, completing any pre-employment testing,
or otherwise participating in the employee selection process,
please direct your inquiries to Midland States Bank Human Resources
at HR@midlandsb.com. THIS JOB DESCRIPTION DOES NOT CONSTITUTE A
CONTRACT FOR EMPLOYMENT
Compensation details: 99300-132400 Yearly Salary
PIdfa0a35497f3-37248-33261719
Keywords: Midland States Bank, Bolingbrook , Wealth Advisor, Accounting, Auditing , Joliet, Illinois
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