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Alerus · 1 day ago

Senior Institutional Investment Advisor

Minnetonka, MN

Full-time

Onsite

Senior Level

$100K/yr - $160K/yr

7+ years exp

Alerus is a commercial wealth bank and national retirement provider dedicated to helping clients achieve their financial goals. They are seeking a strategic and relationship-driven Institutional Investment Advisor to lead business development efforts with commercial banking, nonprofit organizations, and government entities, focusing on delivering tailored investment and advisory solutions.

BankingFinancial ServicesVenture Capital

Responsibilities

Develop and execute a regional business development strategy targeting nonprofit organizations, foundations, endowments, and government entities

Build and maintain strong relationships with key decision-makers, boards, and finance committees

Serve as a trusted advisor, providing guidance on investment strategy, fiduciary oversight, governance, and financial planning

Collaborate with internal teams across retirement, investment, wealth, and banking services to deliver integrated solutions

Represent Alerus at industry events, conferences, and community engagements to enhance visibility and generate leads

Prepare and present customized proposals, RFP responses, and investment reviews

Maintain accurate records of business development activities and pipeline management using CRM tools

Qualification

CFACFPCPAInstitutional advisoryBusiness developmentFiduciary standardsInvestment strategyPortfolio constructionEntrepreneurial mindsetClient serviceCommunication skillsInterpersonal skills

Required

Bachelor's degree in Finance, Economics, Business, or related field

Minimum of 7 years of experience in institutional advisory, investment consulting, or related financial services

Proven track record of successful business development and relationship management with commercial, nonprofit or public sector clients

Deep understanding of fiduciary standards, investment policy consultation, regulatory requirements and restrictions, and portfolio construction

Exceptional communication, presentation, and interpersonal skills

Ability to work independently and collaboratively in a fast-paced, client-focused environment

Passion for serving mission-driven organizations and public institutions

Strong understanding of nonprofit governance, public finance, and regulatory frameworks

Entrepreneurial mindset with a proactive approach to client acquisition

High ethical standards and commitment to client service

Preferred

Professional designations strongly preferred: CFA, CFP, CPA

Licensing preferred: MSRB Series 50 or 54

Experience with OCIO services, public finance or nonprofit investment management is a plus

Benefits

Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance

401(k) and ESOP for retirement savings

Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave

Learning and development resources for personal and professional career development, and advancement opportunities

Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services

Support for the communities we live in through paid volunteer time and a company donation match opportunity