Wealth Planner - Moline, United States - Empeople Credit Union

Empeople Credit Union
Empeople Credit Union
Verified Company
Moline, United States

2 weeks ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description

SUMMARY:


The Wealth Planner is responsible for developing client solutions for individuals with high-net worth and for handling all levels of planning situations for clients.

The Wealth Planner is also responsible for maintaining and developing relationships with clients while ensuring the efficiency of the financial plan process.

The Wealth Planner is also responsible for all functions relating to IRAs and HSAs while adhering to the credit union's standard of service.


ESSENTIAL FUNCTIONS:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Design effective client strategies and prepare financial plans for clients.
  • Review financial plans for accuracy/completeness.
  • Assists with all aspects of eMoney Advisor software program; this includes assisting and training clients and Financial Advisors on the functionalities within the system. Help clients connect their outside accounts to eMoney and walk them through the features of their online access. Occasionally attend client meetings to walk through more complex planning scenarios and make on the spot adjustments to the plan.
  • Maintains eMoney Advisor software, ensures all account connections are up to date, enters client data and runs reports to review financial situation.
  • Work with clients to update their financial plans on an annual basis, at minimum.
  • Assists in preparing for client meetings; looks for opportunities to promote products and services that would benefit the clients and enhance their economic wellbeing.
  • Stay current on government policy changes affecting the financial sector.
  • Assist financial advisors with gathering information for ACH and Share and Loan requests.
  • Work with Investment Program Coordinator to schedule incoming referrals for the advisors.
  • Supports Financial Advisors in a team environment with client investment service including beneficiary changes, account transfers, contribution and distribution requests, Roth conversions, RMDs, statement consolidation, LPL Account View 2.0, and other account maintenance.
  • Maintain client data within Redtail.
  • Assist with IRA and HSA backoffice processing, including ensuring taxdeferred accounts are properly configured, documented, and transactions are properly registered. Ensures compliance with IRA and HSA regulations and policies.
  • Keep up to date on new regulations and requirements for qualified accounts.
  • Open qualified accounts and assist with service requests such as certificate updates and member questions.
  • Assist members with required minimum distributions.
  • Assist members with annual contributions adhering to the federal IRA contribution limits.
  • Assist with yearend tax requests from members and Accounting.
  • Maintain documentation of all processes for IRA and HSA functions.
  • Image and maintain electronic member files to meet compliance requirements.
  • Continually seek out and implement efficiencies and service/process improvements. Exercise strong problem solving and decisionmaking skills.

ADDITIONAL RESPONSIBILITIES:


Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job.

Duties, responsibilities, and activities may change at any time with or without notice.


QUALIFICATIONS:


Knowledge Of:


  • Credit Union's products and services.
  • Credit Union policies and procedures pertaining to member services.

Ability To:


  • Operate the Credit Union's financial software to access member accounts to perform transactions, account inquiries, and all other member service functions.
  • Operate standard office equipment and tools such as a PC, fax machine, and telephones.
  • Provide exceptional member service in keeping with the Empeople Service Commitment
  • Communicate effectively verbally and in writing.
  • Analyze problems and provide solutions.
  • Ability to make decisions using sound judgment, organize and prioritize workload, and maintain a professional relationship with members, employees and vendors.

REQUIRED EDUCATION AND EXPERIENCE:

High School diploma or General Education Degree plus two years of related experience and/or training in a financial institution.


License or Certificate:


  • Bondable
  • Acceptable Credit History

Competencies**:


  • Applicants must possess a growth mindset and present themselves with a professional demeanor in appearance, speech, and writing.

Qualified applicants will demonstrate the following qualities:
-
Ethical: Adhere to ethical values.
-
Effective Communication:Communicating ideas and concepts to groups and individuals.
-
Interpersonal Acumen:Understanding others' motivations, emotions, and behaviors.
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Learning and Self-Development:Developing one's knowledge, skills, and capabilities.
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Drive and Ambition:Proactively setting and striving for challenging work and career goals.
- **
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