United Bank is an Equal Opportunity employer. Applicants and employees are considered for positions and are evaluated without regard to mental or physical disability, race, color, religion, gender, national origin, age, genetic information, military or veteran status, sexual orientation, marital status, gender identity, or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.
Institutional Services Advisor, Sr
Date: Nov 26, 2024
Location: Charlotte, NC, US, 28211
Company: United Bank
Job Description
The Senior Institutional Services Advisor's primary role is to serve as the relationship manager for a diverse group of clients and focus on business development. This position requires a broad and deep understanding of sophisticated investment management practices and 401(k) retirement plans. The Senior Institutional Services Advisor actively participates in the retention of existing clients, including assisting in the preparation and presentation of client proposals. The ideal candidate will be able to operate in a semi-autonomous and entrepreneurial environment while maintaining a sales and client-centered focus.
Senior Institutional Services Advisors are team players and methodical business builders with experience and expertise as trusted advisors serving the sophisticated needs of companies and institutions. The position requires an exceptional understanding of the full range of investment expertise in investment management and related products, services, and processes.
RESPONSIBILITIES:
Responsible for team initiatives, including participation in joint prospect and client meetings and responding to inquiries as appropriate.
Ability to discuss investment performance, economic and financial market trends with clients and prospects.
Meet with clients on a quarterly basis, or as needed, to review investment manager and portfolio performance and present appropriate recommendations.
Responsible for leading client meetings for investment reviews, plan reviews, participant education/enrollment, updating plan documents, etc.
Coordinate retirement plan service provider search, selection and monitoring, including recordkeepers, investment fund managers and third-party administrators as necessary.
Develop leads and referrals from current clients and outside contacts; solicit requests for proposals where appropriate.
Responsible for preparing and executing a business development plan.
Prepare and present sales materials to prospective clients.
Implement financial services and products offered through the Investment Management platform; recommend changes when necessary.
Maintain internal contact management database and monitor frequency of client and prospect contact.
Foster open communication with other Bank departments.
Provide strategic input to the Wealth Management department and management as necessary.
Qualifications
Bachelor's degree required
Minimum of ten (10) years of sales, investment, and portfolio management experience required
Minimum of five (5) years of wealth management experience required
Professional designation is highly encouraged (i.e., advanced degree, CPA, CFP, QKA, QFPC, CRSP)
Leadership experience preferred
Strong, successful track record that consistently meets or exceeds goals
Ability to foster teamwork and motivate colleagues required
Client-centered focus with excellent strategic thinking ability and consultative skills
Proficiency in Microsoft Office products (Microsoft Word, Excel, and PowerPoint) required
Demonstrated experience in effective account / relationship management required
Excellent verbal and written communication and interpersonal skills required
Enthusiastic and positive energy demeanor
Ability to accommodate work outside normal business hours required
Ability to travel as client or business needs required
KEY COMPETENCIES:
Account management
Relationship building
Industry knowledge & Expertise
Presentation skills
Entrepreneurial spirit
ESSENTIAL FUNCTIONS:
Sitting/standing for extended periods of time
Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse, and other computer components
Ability to converse and exchange information with all levels of staff within organization
Ability to observe, perceive, identify, and translate data
Ability to travel via air, rail, automobile, and/or bus
