Wealth Management Client Services Associate

Busey; Peoria (IL); On-site; USD 28,000 - 34,000; Full time

Benefits offered by this job

401(k) match

Profit sharing

Employee stock purchase plan

Medical coverage

Dental coverage

Vision coverage

Life insurance

Job summary

Busey is seeking a Wealth Management Client Services Associate in Peoria, IL to enhance the client experience and support the Wealth Management Team. The role spans sales support, compliance, customer service, and teamwork, acting as a primary contact for daily service needs.

The position requires a Bachelor's degree in business or finance and 2+ years in financial services with high-net-worth clients preferred; certification within 1 year is expected. Competitive benefits are offered.

Qualifications

• Bachelor's degree in business or finance is required.
• Two or more years of related experience in the financial services industry with high-net-worth clients preferred.
• Wealth Management Specialist certification or Certified Wealth Strategist designation must be completed within 1 year of hire.
• Certifications such as CFP, CFA, CTFA, or CPA are recommended to be started by the end of the first year of service.
• Minimum of 6 hours of annual continuing education in courses related to the position's responsibilities.

Responsibilities

• Support Sales, Compliance, Customer Service, and Teamwork as key duties.
• Assist in actions to aid clients and strengthen client relationships with Busey.
• Coordinate meetings and event attendance to develop new sales opportunities and marketing materials.
• Interact with clients via phone and email as the main daily service contact.
• Assist in onboarding/offboarding and preparing materials for client meetings with accuracy.
• Establish recurring receipts and distributions per account agreements and governing docs.
• Aid in compliance and risk mitigation by gathering information and adhering to policies and procedures.
• Support client identification and verification processes as required by policies.

Skills

Communication

Organization

Multitasking

Time management

Education

Bachelor's degree in business or finance

Tools

Trust Accounting systems

Microsoft Office

Outlook

Job description

Position Summary

The Wealth Management Client Services Associate will enhance the client experience by servicing client needs and providing support to the Wealth Management Team.

Duties & Responsibilities

• This position holds responsibilities in four primary categories: Sales Support, Compliance, Customer Service, and Teamwork.
• Take part in formulating the appropriate actions necessary to aid clients and enhance their relationship with Busey.
• Support advisors with the development of new sales opportunities by coordinating meetings, coordinating event attendance, participating in client events, and identifying clients for marketing material distribution.
• This role interacts with clients by fielding phone calls and email communications from clients acting as a main point of contact for daily service needs.
• Support the successful execution of our Proactive Client Engagement Model by supporting client onboarding/offboarding, preparing materials for client meetings with diligence and accuracy, coordinate any additional items needed for these events.
• Establish recurring receipts and distributions, ensuring items are processed in accordance with account agreements and other governing documentation as well as policy and procedure guidelines.
• Support the overall team by aiding in formulating solutions to compliance matters, this includes but is not limited to; accurate account reviews, adherence to policies and other controls in place, gathering required information from clients, and demonstrate competencies regarding regulations and procedures.
• Participate in risk mitigation by adhering to Busey policies, appropriate client identification methods, and appropriate verification methods needed for an array of tasks.

Education & Experience

• Knowledge of:
• Strong oral and written communication skills with moderate to high customer contact via in person meetings, phone conversations, and other correspondence methods.
• Strong organizational skills.
• Ability to:
• Multi-task and work independently.
• Perform duties under frequent time pressures.
• Education and Training:
• Bachelor's degree in business or finance required. Two or more years related experience in the financial services industry with high net-worth client preferred.
• Requires successful completion of the Wealth Management Specialist certification or Certified Wealth Strategist designation within 1 year of hire. Additional certifications such as a CFP, CFA, CTFA, or CPA are recommended to be started by the end of first year of service.
• Minimum of 6 hours of annual continuing education in courses related to the position's responsibilities. (Approved webinars, seminars, and courses will be credited at the CE amount stated).
• Requires knowledge of standard business systems, including but not limited to, Trust Accounting systems, Microsoft Office, and Outlook.

Compensation And Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $20 - $25/ hour)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well being now and in the years to come are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.