Director, Financial Planner / Wealth Advisor, Private Bank

Webster Bank; Hamilton; On-site; CAD 100,000 - 130,000; Full time

Job summary

A leading commercial bank in Ontario, Canada, is seeking a Managing Director in Financial Planning, Private Banking. This role involves conducting comprehensive client analyses, preparing financial projections, and presenting plans to high-net-worth individuals. The ideal candidate has a Bachelor's degree, CFP designation, and strong communication skills. This is an opportunity to expand your career in a supportive environment with robust development opportunities.

Qualifications

• Minimum seven to ten years relevant experience.
• Experience providing financial planning analyses to high-net-worth individuals.

Responsibilities

• Conduct detailed data gathering sessions to summarize client information.
• Prepare analyses and projections for client objectives.
• Present financial plans and analyses to clients.
• Update financial plans reflecting changes in client situations.
• Research technical issues related to estate planning and taxes.
• Assist with drafting quarterly financial planning newsletter.

Skills

Attention to detail

Strong analytical skills

Excellent communication skills

Proficient in Excel

Education

Bachelor's degree

MBA or JD

Certified Financial Planner (CFP) designation

Tools

eMoney

Job description

Overview

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Managing Director, Financial Planning, Private Banking

This position is based in Stamford, CT

Major Duties & Responsibilities

• Conduct detailed data gathering sessions - collect, review and summarize client’s personal and financial information. Identify and fully understand client’s concerns, goals and objectives.
• Prepare analyses and projections including, but not limited to, cash flow, education prefunding, executive benefits analyses, philanthropic giving, gift and estate planning, etc. based on data collected and client objectives using software such as eMoney and / or Excel spreadsheets.
• Present financial plans and analyses to clients.
• Update financial plans to reflect changes in client’s personal or financial situation as well as for changes in tax law and investment environment.
• Address client and colleague questions and concerns as they arise.
• Research technical issues for clients and colleagues such as complex estate planning techniques, GRATs, CRTs, etc., executive benefits considerations, Section 16(b), etc., and various tax related issues.
• Maintain up to date knowledge of tax law, regulations and investment climate.
• Assist with the drafting and editing of quarterly financial planning newsletter.
• Work collaboratively with Private Bank colleagues to strengthen and expand client relationships. Attend and participate in prospect and Webster colleague informational meetings.
• Travel to various locations, within Webster’s footprint, to attend client / COI / prospect meetings.

Education, Experience & Skills Required

• Bachelor's degree required; MBA or JD a plus.
• Certified Financial Planner (CFP) designation required.
• Minimum seven to ten years relevant experience.
• Attention to detail with strong analytical skills.
• Proficient in Excel and strong aptitude in mastering financial planning software such as eMoney.
• Excellent communication skills both written and verbal a must.
• Cover letter indicating experience with providing financial planning analyses to high-net-worth individuals.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.