Hills Bank and Trust Company · 3 hours ago
Wealth Management Officer
Marion,IA,US
Full-time
Onsite
Entry, Mid Level
1+ years expHills Bank and Trust Company is a financial institution focused on providing exceptional service to its customers. The Wealth Management Officer will be responsible for the retention and development of business opportunities, administration of wealth management accounts, and providing retirement and financial planning for clients.
Financial ServicesReal EstateVenture Capital
Responsibilities
Ensure positive onboarding experience for customers and Trust and Wealth Management co-workers
Administer various wealth management accounts including all types of IRAs, Individual Portfolios, Institutional Relationships and Personal Trusts as provided under the governing instrument in accordance with Bank policy, established practice, approved procedures and legal constraints with primary focus in the area of financial and retirement planning
Work with investment team to invest client accounts in wealth management model portfolios. Maintain investment direction in all accounts under administration, including monitoring of investment objectives, asset allocations, and keeping cash invested as appropriate
Perform required annual account and investment reviews for each assigned account
Ensure that transactions in accounts under their direct administration are given proper tax codes, and have a general knowledge of tax rules
Work in conjunction with active and potential Trust and Wealth Management customers and their legal and accounting advisors to develop or improve the customer's individual and or business estate and financial planning or other trust related business. This may include review of legal documents such as wills or trusts prepared by outside legal counsel where the bank is named in some fiduciary capacity
Maintain a book of business with a minimum direct annual revenue attribution of $100,000
Sustain and develop relevant relationships with the local market area legal and accounting and professional community to enhance and garner business and referral opportunities
Sustain and develop relevant relationships with Hills Bank employees outside the department to garner referrals and other business opportunities. Participate in training bank wide staff on how referrals can be made
Participate in the Bank's business development activities. Represent the Bank in industry and professional associations, community organizations, local business groups, etc. and promote the Bank's favorable image
Cross-sell commercial, retail and mortgage banking services and products to Trust and Wealth Management customers. Develop joint marketing relationships and strategies with other areas of the Bank
Establish and promote personal and department reputation for exemplary customer service and sound investment strategy and results
Contribute to the annual department sales goals by achieving or exceeding a personal sales goal set by department management
Seek ways to improve departmental efficiencies in a proactive and constructive manner
Serve as a peer mentor
Stay current on pertinent market and regulatory developments and identify current and potential markets. Develop and implement plans and programs to respond to those developments and target desired trust and wealth management markets
Enhance and maintain department's reputation as an area leader in Wealth Management Administration
Qualification
Required
BA or BS degree required
Must sign a non-compete
Preferred
Advanced degree or professional designation(s) such as Certified Financial Planner (CFP®), Certified Retirement Services Professional (CRSP), Certified Trust and Financial Advisor (CTFA) or other related credentials are preferred but not required
One to four years of experience with direct client-facing personal banking, wealth management or financial planning account administration responsibility preferred
Company
Hills Bank and Trust Company
Hills Bank and Trust Company is a banking firm that offers banking, real estate lending, and notary services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Lisa Shileny
President and Chief Executive Officer
Recent News
Corridor Business Journal
2024-10-17
Company data provided by crunchbase