Financial Advisor I

Greek Peak Mountain Resort; Salem (MA); On-site; USD 31,000 - 42,000; Full time

Job summary

First Community Bank is seeking a Financial Advisor I in Salem, MA to provide tailored financial advice, support branch operations, and maintain client accounts in alignment with regulatory requirements and licensing standards.

You will work with Branch Manager and other Advisors to gather client information, develop strategies, and monitor plan performance while expanding client relationships and services.

Qualifications

• Bachelor’s degree or equivalent education required or with applicable work experience.
• Licensing to sell financial products preferred (Series 6/7/63/65, state life/health insurance).
• CFP® or similar designation preferred.
• Strong knowledge of financial markets and investment strategies.
• Excellent verbal and written communication and customer service skills.

Responsibilities

• Meet with clients to gather and assess financial information for planning.
• Develop strategies to help clients meet financial goals.
• Monitor plan performance and realign investments as needed.
• Maintain knowledge of investment trends and opportunities.
• Assist FAs/Branch Manager with account paperwork and client files.
• Refer clients to other bank services and ensure regulatory compliance.

Skills

Communication skills

Analytical skills

Customer service

Brokerage platforms

Office software

Detail-oriented

Education

Bachelor's degree or equivalent

CFP or similar designation

Licenses ( Series 6/7/63/65, etc.)

Tools

Brokerage platforms

Office software

Job description

Company Description

At First Community Bank, we are committed to making our community, the places where we live and work, a better place each day. With a true focus on “community banking,” employees find that they can make an impact through company-sponsored programs such as paid volunteer time, matching gifts for charitable contributions, and team participation in charitable events. We offer comprehensive benefits including health, vision, and dental insurance, 401(k) plan with employer match, life insurance, and paid vacation days, holidays, and other time off options. With over 60 locations in four states, First Community Bank offers the personal service you would expect from a company that knows your community. We welcome all applicants and look forward to new colleagues joining our community!

Job Description

The Financial Advisor I provides financial advice to clients based on knowledge of investment and tax strategies, securities, insurance, pension plans, and real estate. They may assist the Branch Manager (BM) and/or other Financial Advisors (FA) in the establishment and maintenance of accounts that are current to prospective clients and, within their level of experience, licensing and registration, handle routine transactions and account relationships while supporting the assigned BM and/or FAs. They provide the highest quality of service to every customer.

Duties & Responsibilities

• Meet with clients to gather, discuss, and assess personal financial information such as current income, expenses, insurance coverage, tax status, financial goals and objectives, assets, liabilities, risk tolerance, and other information necessary for financial planning.
• Based on analysis of personal financial data, develop strategies and plans to help clients meet financial goals.
• Monitor plan performance for clients; realign and redistribute funds to maintain objectives.
• Maintain knowledge of new and emerging investment trends and opportunities.
• Support assigned BM and/or FAs by reviewing and submitting account paperwork to Broker/Dealer and/or annuity and mutual fund companies for processing and creating client files.
• Maintain appropriate records as required for all transactions and follow through to confirm all elements of a transaction are successfully implemented.
• Answer telephone calls and respond to customer requests and service issues. Research customer account issues including account errors, name and address changes, dividend payment modes, and status of securities.
• Assist BM and/or FAs with coordination of business plan elements for prospecting to secure new clients such as coordinating strategic partner seminars or branch meetings and regular and consistent communications such as direct mail campaigns and scheduling review meetings to help retain existing clients.
• Perform clerical duties including typing of general correspondence, making copies, ordering supplies, filing and other special assignments, and projects.
• Build additional skills and knowledge in the industry including obtaining additional licenses and certifications as appropriate.
• Complete continuing education as required by professional designations, and to meet licensing and regulatory requirements and/or participate in elective industry related seminars and conferences or other training, as assigned, within the expected timeframes.
• Refer clients to other bank services.
• Understand, report, respond to, manage, and monitor the risk encountered daily as required by First Community Bank’s Risk Management Program.
• Ensure compliance with regulatory laws and Company policies and procedures.
• All employees are expected to support First Community Bank’s mission, vision, and values by exhibiting commitment to the Company Standards of Conduct and executing to the fullest extent possible the duties detailed within this job description.

Requirements

• Bachelor’s degree in related field or equivalent education and work related experience
• Two years of related experience preferred
• License to sell at least one financial product (Series 6, Series 7, Series 63 and Series 65, state insurance license, etc.) preferred
• Additional professional designations preferred: CFP® or similar certification
• Extensive knowledge of financial markets and investment strategies
• Excellent verbal and written communication skills
• Excellent interpersonal and customer service skills
• Excellent organizational skills and attention to detail
• Strong analytical and problem-solving skills
• Strong commitment to delivering outstanding customer service
• Ability to consistently set a positive example for fellow employees
• Demonstrated proficiency using brokerage and banking platforms and common office software and systems
• Ability to sit in front of a computer for extended periods of time
• Ability to travel, occasionally overnight

* The salary range is based on market data associated with the position and where the pay rate falls within the range is commensurate with experience, education, and other qualifications. *

Salary Description

$22.23-$30.32/hour - Grade 7*