Banking Advisor Job Description

Banking Advisor Job Description

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Banking advisor provides guidance and assistance as needed and serves as a resource to other Customer Services Representatives in resolving complex problems and issues.

Banking Advisor Duties & Responsibilities

To write an effective banking advisor job description, begin by listing detailed duties, responsibilities and expectations. We have included banking advisor job description templates that you can modify and use.

Sample responsibilities for this position include:

Undertake proactive promotion of "all things" CNB (culture, strategy, capabilities, products, services, ) to RBC Financial Advisors to enhance their awareness in order to influence their clients
Work with RBC Financial Advisor and clients to explain CNB products and services, areas of expertise, proposed plans and options, advantages and risks
Aid the banking team to ensure comprehensive information is received in a timely manner to prepare loan documents, and deliver them to clients
Foster and maintain good relationships with RBC Financial Advisor/clients to ensure that processes are integrated to support expected client service levels
Monitor non-compliant files and develop strategies to rectify situations
Work closely with the Mobile Sales Force (RSM, FSS)
Ensure follow-ups throughout the sale cycle
Use the salesforce tool systematically in your day-to-day business development activities
Closely monitor credit applications submitted for analysis
Ensure that activities required to complete transactions are carried out

Banking Advisor Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Banking Advisor

List any licenses or certifications required by the position: D+H, IRDA, CSC

Education for Banking Advisor

Typically a job would require a certain level of education.

Employers hiring for the banking advisor job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Business, Education, Military, Business/Administration, Finance, Accounting, Economics, Management, MBA, Financial Services

Skills for Banking Advisor

Desired skills for banking advisor include:

Ability to leverage that information in creating customized customer solutions
Anticipating
Approaches
Major products and services and product and service groups
Operational
Process problems
Resolving organizational
Techniques for recognizing
Tools
Values and practices that align customer needs and satisfaction as primary considerations in all business decisions

Desired experience for banking advisor includes:

Undergraduate Degree (preferably in commerce/finance)
Completion of the PFP or CFP designation (CFP preferred)
Certified International Wealth Manager Professional (CIWM) designation, asset Professional Designations such as MBA, CA, LLB, CFA,CIM, TEP are desirable, however not required
Anticipate needs
Demonstrate a commitment to keep up-to-date with current events, overall economic and financial environment, trends, product developments, legislative changes
Financial services experience (private client, private banking, advisory, brokerage)

Banking Advisor Examples

1

Banking Advisor Job Description

Job Description Example
Our growing company is looking to fill the role of banking advisor. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for banking advisor
  • Provide technical coaching to banking advisors for complex financing files
  • Assist verifications agents with collections doubts and concerns and/or assist delinquent
  • Minimum 7 years of experience in a Financial Services organization
  • Guide and assist relationship managers in complying with the objectives of the KYC action plan
  • Review client due diligence documentation and questionnaires
  • Complete the RRAF forms with the Banking teams
  • Contact with clients when necessary
  • Work constructively with other stakeholders such as Compliance & Middle Office in the performance of their tasks
  • Assist in the preparation of management information to enable tracking of progress versus KYC action plan targets
  • Perform all duties in accordance with the principles outlined in the KH Code of Conduct, the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long term sustainability of client relationships
Qualifications for banking advisor
  • Prior experience with bank transformation/conversion processes and procedures
  • Completion of the Chartered Strategic Wealth Professional (CSWP) designation
  • Professional Designations such as MBA, CA, LLB, CFA are desirable, however are not required
  • 10 – 15 years of experience in High Net Worth Space and Business Development
  • Completion of the Institut Québecois de planification financière (IQPF) designation
  • Completion of Certified International Wealth Manager (CIWM) designation
2

Banking Advisor Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of banking advisor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for banking advisor
  • Perform the initial analysis of the applications received, in order to ensure that the solution requested meets the client's needs and is suitable for his profile
  • Work closely with the Mobile Sales Force (RSM, FSS) and senior advisors
  • Take charge of the referrals assigned to you efficiently
  • Ensure credit applications are forwarded to representatives or directly to clients for cross-sales analysis
  • Ensure credit applications are sent for analysis and carry out all the activities required to conclude the transactions
  • Make proactive prospecting calls, with a view to encouraging financial advisors to refer potential clients with banking product needs to us
  • Follow established processes and procedures rigorously and produce high-quality files that comply with the standards in effect
  • Provide clients with an annual relationship management call and review
  • Work with the WMC primary relationship advisors on any potential referral opportunities
  • Implement practice management disciplines, partnering with WMC advisors to promote referrals resulting in new banking and lending relationships
Qualifications for banking advisor
  • Manage various activities including, but not limited to
  • Recruitment & Resourcing - manage the hiring plan including the budget process and advise on contract negotiations and the closing of candidates
  • Employee Relations - Provide managers with advice and manage a range of Employee Relations cases � including grievances, disciplinary, dismissal and redundancy
  • Learning & Performance � provide input into the development of business unit specific training and development initiatives
  • Compensation, Benefits and MIS - Support the year-end compensation round ensuring consistent and fair decisions are made in line with regulatory guidelines and frameworks
  • Change Management - Guide business managers through change management initiatives including restructuring
3

Banking Advisor Job Description

Job Description Example
Our growing company is hiring for a banking advisor. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for banking advisor
  • Manage and retain a portfolio of 200-300 high value branch based Business clients
  • Deliver an outstanding experience to Chase Business Banking clients by providing comprehensive and customized business banking solutions tailored to the financial needs and circumstances of the businesses
  • Conduct regularly-scheduled, agenda-based meetings with each client to profile client needs and goals
  • Understand how Chase Cash Management, Card, and Merchant Services solutions can work within the clients’ technical capabilities and resolve gaps
  • Own client experience survey results for all assigned clients
  • Partner with the PCA to build a loan and deposit portfolio through existing relationships, business development and internal referrals from commercial banking partners
  • Provide loan and deposit products to affluent individuals and families including interim construction loans, mortgages, securities-based lending, private aircraft lending and exclusive deposit products
  • In partnership with Credit Underwriting,Structure loan facilities, oversee underwriting and preparation of credit packages, and obtain credit approval for loan opportunities
  • Maintain primary responsibility for management of the team’s loan portfolio on an on-going basis in conjunction with the PCA, and Relationship Associates (Lending Assistants)
  • Partner with teammates to deliver investment management, trust and estate administration, and wealth strategy capabilities to clients
Qualifications for banking advisor
  • Experienced HR Advisor who is able to operate at a senior level in a challenging, fast paced environment
  • Proven practical experience managing employee relations issues and complex compensation structures
  • Experience within the professional or financial services sector, specifically with front office clients
  • Deputise for Team Leader
  • Assist the team leader in driving the team to ensure performance targets and deadlines are met and SLs maintained and performance is tracked and reported against SLA
  • Completed Bachelor's degree in Business Administration, Finance, Economics or other related field, and 4 years of relevant experience or completed Master's degree in Business Administration, Finance, Economics or other related field, and 2 years of relevant experience or graduate NB University Program
4

Banking Advisor Job Description

Job Description Example
Our company is growing rapidly and is hiring for a banking advisor. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for banking advisor
  • This is a Tuesday -Saturday role
  • Must be mobile to several branches amongest the 401 community
  • As Private Banking Advisor, you will meet with all new Private Banking clients and outline how the Advisor role provides support as part of the client relationship team
  • Identify new and existing client needs, partner with the Private Banker to prepare for client meetings and lead client meetings focused on day-to-day banking advice
  • Proactively identify client needs and provide advice to enhance retention, revenue growth and referrals
  • Deliver financial literacy education to Private Banking clients and their family
  • Using your technological knowledge, you will also maximize the use of technology to maintain data integrity, documenting all relevant client sales and service contacts and results
  • Focus on student education and demonstration, leveraging new digital solutions to deliver a memorable client experience, drive brand value and retain relationships
  • Actively listen and engage students in conversation to further understand their individual needs
  • Cultivate and maintain relationships with students, colleagues and partners to make the most of advice opportunities and referrals
Qualifications for banking advisor
  • Experience in sales and business developement in the financial industry
  • Experience in the retail credit industry, a strong asset
  • Experience in analyzing large credit files ($500,000 or more), a strong asset
  • Coaching experience, an asset
  • Leader within an established or large challenger Telecom Strategy or Transformation & Change function
  • Chief Operating Officer within an established or large challenger Banking company
5

Banking Advisor Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of banking advisor. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for banking advisor
  • Respond to client-initiated contact, assisting them with a range of self and assisted service financial transactions
  • Provide accurate and timely information to facilitate product implementation for retail facing clients
  • Owning escalated issues to ensure timely resolution and follow up with internal / external customer
  • Manage activities through virtual channels to support client needs
  • Support Business Service Center through all virtual channels to meet / exceed business need
  • Acts as a central resource for retail bankers as a SME for business products and services
  • Provide effective communication and one on one guidance with retail bankers to ensure that products and services provided clients meet and/or exceed client expectation
  • Verify necessary information and compile documents for implementation of treasury services in accordance with all standards, compliance regulations and indemnity
  • Work with other departments including Compliance, Onboarding, and Treasury Management to coordinate the Implementation of the products requested
  • Utilize the Product Implementation (PI system), once completed paperwork is received, to request product setups
Qualifications for banking advisor
  • Chief Digital Officer or Head of Digital / Channels within an established or large challenger Banking company
  • Senior strategy focused Industry Consultant / Architect within an established or large challenger Banking company or within a competitive organization Client Partner / Client Architect
  • Senior Manager or Partner level management consultant focused on the Banking sector
  • Focusing on case management, campaign support, policies and procures and best practice advice
  • Working with, guiding and supporting the off shored HR administration teams and employee contact centre, MyHR
  • Ability to advise on HR policy and procedures, previous ER case management experience

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