Wealth Management Associate Jobs

Summary

This is an innovative opportunity to work within both the Trust and the Wealth Management divisions to develop your knowledge while working with established books of business.

Responsibilities

• Reviews all financial transactions in each account for accuracy and fee charges
• Responsible for developing 401(k) proposals
• Actively pursues new business opportunities
• Processes contributions and distributions as requested by the client
• Maintaining compliance with all rules and regulations in the financial industry
• Committing to learning and developing as a professional financial advisor
• Delivering advice on products and services, such as investments, insurance coverage and financial planning
• Seeking opportunities to expand relationships with existing clients through gathering additional assets or referrals to bank partners
• Meeting with clients to determine their financial objectives, risk tolerance, and asset allocation
• Administers assigned accounts in accordance with applicable laws, regulations and policies and terms specified in the governing instrument
• Responsible for the day-to-day administration of qualified retirement plans, IRAs and self-directed Health Savings Accounts
• Maintain an ongoing relationship with clients via written and oral communication
• Monitors Trust accounts to assure administrative compliance with established policies, procedures and applicable statutes and codes
• Assist Plan Sponsor in plan design-401(k) and Profit Sharing
• Attend client’s meetings -Enrollment/Education
• Identifying and pursuing potential clients to maintain a strong client base
• Responsible for reviewing legal documents of prospects prior of account acceptance
• Responsible for annual administrative and investment account reviews

Required Skills/Experience/Education

• Proficient with Microsoft Office Suite
• Knowledge of ERISA, DOL and IRS guidelines
• FINRA Series 7, Series 66, and LAH insurance licenses, strongly preferred (or ability to promptly acquire after hire)
• Self-motivated with excellent interpersonal and communication skills
• Knowledge of trust principles and regulatory matters relating to the administration of trust accounts
• Life, Accident and Health Insurance License (or ability to acquire within ninety days of hire)
• 2-5 years of experience in insurance, investments, or Trust sales and operations, preferred
• Bachelor’s Degree, or equivalent experience

Essential Mental & Physical Requirements

• Ability to work under stress and meet deadlines.
• Prolonged periods of sitting at a desk and working on a computer may be required.
• Ability to travel if required to perform the essential job functions.
• Ability to lift/move/carry approximately 15 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division any “undue hardship” then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.
• Ability to read and interpret a document if required to perform the essential job functions

Gulf Coast Bank & Trust Company and its subsidiaries is committed to a diverse and inclusive workforce. We are committed to equal employment opportunities without regard to race, color, genetic information, religion, sex, affectional or sexual orientation, gender identity or expression, age, marital status, military and veteran status, physical and mental disability, and any other characteristic protected by applicable law. We believe in attracting, retaining, and promoting quality talent and recognize that our diversity is critical to the success of the company.