Wealth Management Job Description

Wealth Management Job Description

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Wealth management provides a full array of solutions including loans, investment management, insurance, trust services, and wealth planning products and services.

Wealth Management Duties & Responsibilities

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

Sample responsibilities for this position include:

Provide advice and guidance to all levels of the business concerning rules, regulations and internal policies & procedures (global, regional and divisional) as they apply to the Wealth Management business
Develop a fee-based asset management strategy and/or a comprehensive financial plan that identifies problem areas, makes recommendations for improvement and selects appropriate investment and/or insurance concepts and products compatible and consistent with the client's goals, attitude toward risk, time-horizon and expectation of return on investment
Research and contract locations for workshops
Work with BDs, CDs and consultants to plan workshops
Create and send out invitations
Maintain invite lists
Coordinate AV, room set-up, menu selections
On-site planner as required
Manage the budget of workshops
Work with marketing and internal/external consultants for a timely release of the business development series (lnfoNET and Branch Management page)

Wealth Management Qualifications

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

Licensing or Certifications for Wealth Management

List any licenses or certifications required by the position: CFP, CISA, CPA, PLANNER, FINANCIAL, CERTIFIED, CIA, CISSP, PMP, CBA

Education for Wealth Management

Typically a job would require a certain level of education.

Employers hiring for the wealth management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Business, Economics, Management, Accounting, Financial Planning, Business/Administration, Communication, Graduate, Computer

Skills for Wealth Management

Desired skills for wealth management include:

Investment and banking products
Policies & procedures
Banking and investing products and services along the latest online and digital capabilities
Applicable compliance rules and regulations and firm policies
Investments
Excel
Insurance
Bank products
Financial planning and use of financial planning tools
Trust and investment products and services

Desired experience for wealth management includes:

OEnsures service standards and metrics are met based on needs, segmentation, asset allocation, and risk management
OActs as primary point of contact for COI within Bank
OAccountable for implementation of recommendations delivered to client
CFP or other industry certification
Stays abreast and informed of regulatory and governmental changes that impact clients
Trade in the approved instruments both on behalf of the firm on clients' request - this includes foreign exchange, equities, fixed income, mutual funds, etc

Wealth Management Examples

1

Wealth Management Job Description

Job Description Example
Our innovative and growing company is looking for a wealth management. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for wealth management
  • To liaise and work together with colleagues in other jurisdictions, departments and functions to find compliance solutions to business issues or concerns
  • Representing Compliance to the business and providing appropriate advice with regard to regulations and compliance related matters
  • Provide impact analysis and assist in providing practical solutions in respect of requirements arising from the implementation of FCA Regulations, EU Directives and other regulatory developments, in respect of new and existing businesses
  • Advise on regulatory changes to ensure WM policies and procedures can be updated on a timely basis
  • Ensure WM Compliance policies and procedures are reviewed and updated on a timely basis, incorporating regulatory changes
  • Assist in representing Compliance in the New Product Approval Process at UK and Global levels, which includes reviewing new products and business initiatives launched in the bank for WM use
  • Provide WM Compliance back up for Takeover Panel related matters and reviews
  • Develop and maintain business and marketing relationships with our Client Service Coordinators (CSCs)
  • Consult with potential clients and obtain financial information, including financial goals
  • Collaborate and coordinate with our tax partners to provide tax-efficient financial planning and asset management strategies
Qualifications for wealth management
  • At least 6 years of experience in a similar capacity as dealer is preferred, with a solid understanding of treasury dealing and execution activities
  • Ideally will have previous experience within Wealth Management and Compliance
  • Proficient in applicable software applications including PARis, Orion, Zephyr
  • Experience in organizational development, leadership development, succession planning, talent management, employee relations, and recruitment
  • In-depth knowledge of legal requirements related to management of employees
  • International HR experience is helpful
2

Wealth Management Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of wealth management. 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 wealth management
  • Continually monitor the client's financial situation (at least annually) to provide update and progress reporting, re-balancing of asset allocation model and implementation of recommendations
  • Manage and cultivate professional relationships with product and/or service providers to our Wealth Management to provide value-added service to clients and Advisors
  • Lead all aspects of business analysis activities
  • Partner with business users and technology partners, at all levels
  • Analyze business processes, requirements, data, and technology products (internal and vendor products)
  • Elicit and analyze information to define detailed business and functional
  • Documentation (BRD, FRD, Requirements Traceability Matrix, testing strategy and
  • Manage the communication of requirements through the implementation lifecycle
  • Understand current state / future state business capabilities, system processes
  • And data feeds
Qualifications for wealth management
  • Ability to lead special projects by establishing project action plans and executing against plans
  • 3 years line delivery banking experience preferably in lending, Trust investment or Wealth Management
  • Canadian Securities Course (CSC), and / or other industry-related accreditations are highly desirable
  • College degree and three (3) years delivery banking experience preferably in lending, Trust investment or Wealth Management OR
  • High School and seven (7) years experience in trust investment or wealth management
  • College degree and three (3) years line delivery banking experience preferably in lending, Trust investment or Wealth Management OR
3

Wealth Management Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of wealth management. 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 wealth management
  • As a senior manager of the bank, participates in formulating, implementing, and administering strategic bank-wide initiatives
  • Manages multidisciplinary wealth teams throughout the bank's footprint
  • Ensures that Teams are delivering comprehensive, holistic wealth management approach to high net worth clientele As a senior manager of the bank, participates in formulating, implementing, and administering strategic bank-wide initiatives
  • In conjunction with the Bank’s strategic plan, determines the structure, direction, and policies of the division
  • Drives banking and investment revenue through multi-disciplined Wealth Management teams including fiduciary, advisory, investment, and banking professionals
  • Develops, implements, and controls the budget for the division
  • Accountable for achieving established sales, revenue, and expense goals to meet the division’s and bank’s performance expectations
  • Coordinates with other lines of business managers to set strategies for achieving agreed upon goals for their line of business, including the sale of Wealth Management products within Regional Wealth teams
  • Promotes the company and enhances business development opportunities through participation in community and civic activities
  • Calling into unassigned accounts
Qualifications for wealth management
  • Securities licenses 7 & 24 preferred (but not required)
  • Bachelors Degree required for consideration (or equivalent)
  • Excellent oral and written communication skills, project management skills
  • Must have some coursework or work related experience with database tools
  • Bachelor Degree required (Marketing, Finance or Economics Preferred)
  • Professional designation preferred (CFP, CHFC, CPA, MBA)
4

Wealth Management Job Description

Job Description Example
Our company is looking for a wealth management. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for wealth management
  • Analyze current client setups to see trends of opportunities
  • Learn/follow the sales process and its impact on the organization
  • Follow up with marketing generated leads
  • Extensive client contact , involved in all activities that align with prospective and existing clients
  • Receives orders from clients in diverse products, includes mastering product specific processes and applications, ensuring accuracy in completion of account and trade documentation
  • Performs account maintenance including money transfer requests, address changes, etc
  • Serves as liaison and between regional director, sales team, compliance, and other business lines throughout the firm
  • Manage account opening process, including but not limited to retrieving relevant executed documentation from clients and compliance with regulatory procedures
  • Review client account activity on a daily, weekly, and monthly basis to ensure overall accuracy, proper settlement, and reconciliation
  • May attend client meetings, prospect meeting, and client/marketing events
Qualifications for wealth management
  • 7+ years of full service brokerage, banking or fee-based financial planning experience with a book of business predominantly working with clients in a fee-based asset management capacity
  • Currently own or operate a financial advisory practice with demonstrable experience in asset management, asset-allocation models and principles
  • Bachelor’s Degree in Business Administration, Finance, related field - Required
  • Requires knowledge of FINRA and SEC rules and regulations
  • At least 5+ years of prior administrative experience
  • Prior experience working in the wealth management/finance industry
5

Wealth Management Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of wealth management. 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 wealth management
  • Learn and become fully proficient in all aspects of our CFP product attributes and how they can support student learning outcomes and the learning experience
  • Create and maintain relationships with individual students and small corporate clients
  • Prepare and oversee Wealth Management budget, forecasting, and financial reporting to achieve targeted financial objectives
  • Capitalize on strategic opportunities in the financial services industry including digitization, structural opportunities, leveraging relationships, and regulatory change impact
  • Be proficient in the use of research software and planning software
  • Support the Private Wealth management team and rendering an extraordinary high level of services to private wealth management clients
  • Facilitate day to day transactional needs of the client base, including processing deposits, payments, transfers or other routine transactions
  • Enter and maintain appropriate client records, loan document preparation and assistance
  • Respond to client requests for information and assistance within appropriate level of authority
  • Support the sales effort by scheduling appointments, making follow up telephone calls, and preparing and maintaining client marketing materials
Qualifications for wealth management
  • Minimum of five years of working experience as a Wealth Planner or Financial Advisor
  • FINRA Series 7, 63/65 (or 66 in lieu)
  • Influence, engage and lead in a positive, inspiring manner
  • Thorough knowledge of the local regulatory requirement including sales process, pertinent regulations impacting retail banking activities and delivery systems and channels, including market potential the regulatory framework
  • Operate effectively in a complex matrix driven environment
  • Specialization in holistic financial planning

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