Senior Client Advisor, Esop

Spinnaker Trust

Portland, ME

Spinnaker Trust is seeking a Senior Client Advisor for its Employee Stock Ownership Plan(ESOP) team. This position will be based in the Portland, ME office.

Requirements of the Senior Client Advisor, ESOP:

• Ability to commute to the office in Portland on Tuesday, Wednesday, and Thursday each week.
• Prior experience with ESOPs preferred.
• Ability to travel to visit clients (approximately once a month in New England)as well as attend and present at conferences (approximately once a quarter).
• Fundamental understanding of accounting and corporate finance as well as non-public company valuation methods and processes.
• Bachelor’s Degree in accounting, finance or economics or similar work experience.
• 7-10 years in a similar role focused on company valuation, financial analysis, fiduciary services or any combination.

Benefits of the Job:

• A collaborative team and a fun work environment with plenty of autonomy and career growth!
• Health, dental and vision coverage through a flex plan
• Business casual dress code
• Annual salary reviews
• Two retirements plans (401k and ESOP)
• Parking at the office is included
• Generous annual bonus opportunity based on individual, team, and company performance
• Competitive annual salary
• Cell phone reimbursement

Responsibilities of the Senior Client Advisor – ESOP:

• Develop strong relationships with key client employees, as well as other professionals working to support the client’s ESOP. This includes –legal counsel, valuation firm, and third-party administrator.
• Review financial statements to analyze the financial health of the client businesses.
• Managing ESOP transactions (new ESOPs, additional sales in current ESOPs and sales to third parties) including extensive review of valuation reports and legal documents.
• Offer advice to clients on basic administration and more complex strategies to manage their ESOP.
• Review, document and assist in approving annual valuations of company stock, including evaluation and selection of valuation firms as well as review, oversight, and approval of their work.
• Through documentation of steps taken and decisions made in transactions and annual ESOP process.
• Assist in general strategy for ESOP client process across the organization.

Spinnaker Trust was founded in 2001 and works with families and institutions offering financial planning, trustee services, investment management and administration of Employee Stock OwnershipPlans (ESOP). Spinnaker Trust has been named to the list of Top 10 Best Places to work in Maine for the past 4 years!

Spinnaker Trust is committed to recruiting and hiring a diverse workforce and providing equal opportunities to all candidates to better reflect our industry and community, and to provide better service for our clients.

NO PHONE CALLS OR RECRUITERS, PLEASE

Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, familial status, domestic violence status, or any other status protected by law.