Institutional Wealth Trust Strategist

Simmons Bank; Fort Worth (TX); On-site; USD 100,000 - 160,000; Full time

Job summary

Simmons First National Corporation is seeking an Institutional Wealth Trust Strategist to ensure proper administration of accounts and collaboration with clients, their advisors, and the portfolio manager.

The role supports the Portfolio Management Group to ensure appropriate asset allocation, drives new trust and investment management client acquisition, and provides leadership in staff management and training.

Qualifications

• Bachelor's degree and 4–6 years wealth management experience.
• CPA, CFP, Law Degree or ABA designation preferred.

Responsibilities

• Administers assigned accounts per governing documents, laws and policies.
• Collaborates with Portfolio Management to allocate assets appropriately.
• Supports sales efforts and acquires new clients.
• Maintains client contact with advisors and clients.
• Develops new trust and investment management clients with bankers and professionals.
• Manages accountings for Trust Administrators' clients.
• Oversees staff performance, hiring, training and development.

Skills

Asset analysis

Communication

Regulatory understanding

Financial reporting

Education

BS/BA Degree

4–6 years wealth mgmt

CPA/CFP/ABA preferred

Tools

MS Word

Excel

Outlook

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

The Institutional Wealth Trust Strategist ensures that the accounts will be administered appropriately. Also, works closely with clients, their professional advisors, and their account's portfolio manager.

Essential Duties and Responsibilities

• Administers assigned accounts according to the terms of the controlling document, applicable laws, regulations, and policies.

• Works with the Portfolio Management Group to ensure that all accounts are invested with appropriate asset allocation, if applicable.

• Work as part of the team to support sales efforts and obtain new clients.

• Maintains appropriate contact with clients and their advisors.

• Works with other bankers and professionals, in the legal and accounting fields, to develop new trust and investment management clients.

• Ensures that the appropriate accountings are provided to parties associated with the Trust Administrator's clients.

• Responsible for all management duties of assigned associates to include hiring, performance management, salary recommendations, training of new associates and skill development of all staff.

• Participates in community and civic activities.

• Assists in budget preparation.

• Ensures that all departmental documents and activities are performed in compliance with applicable laws, regulations, policies and procedures as applicable to this position, including completion of required compliance training.

• Performs other duties and responsibilities as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

• Ability to read and comprehend simple instructions, short correspondence, and memos.

• Ability to read and interpret documents such as procedure manuals, general business correspondence and/or journals, or government regulations.

• Ability to read, analyze and interpret financial reports and/or legal documents.

• Ability to write simple-to-business correspondence, routine reports, and procedures.

• Ability to respond, in writing, to customer complaints, regulatory agencies, or members of the business community.

• Ability to effectively speak and present information in one-on-one and small group situations, to customers, clients, and other employees in the organization.

• Ability to speak effectively, present information, and respond to questions from groups of clients, customers, employees, managers, top management, boards of directors, and the general public

Education and/or Experience

• BS/BA Degree (4 year) from an accredited university/college or

• Four to six years of experience in wealth management.

• CPA, CFP, Law Degree or ABA designation in the area managed is preferred

Specialized Training

• Courses related to investments, financial planning, estate administration, or another trust-related field is helpful.

Computer Skills

• MS Word, Excel, and Outlook

Certificates, Licenses, Registrations

• An ABA trust certification is preferable.

Other Qualifications

• Must have good organizational skills.

• Must have good oral and written communication skills.

• Must have good problem-solving skills with the ability to develop creative solutions.

• Must have good interpersonal skills.

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.