Wealth Management Officer

Application deadline:

Wednesday, June 30, 2021 - 6:00am

Company: 

First Midwest Bank

Description: 

First Midwest, with assets over $20 billion, is the premier relationship-based banking franchise in the dynamic Chicagoland banking market. As one of the Chicago metropolitan area's largest independent bank holding companies, First Midwest provides the full range of commercial, retail banking, and wealth management services through some 120+ offices located in communities in metropolitan Chicago, Northwest Indiana, Central and Western Illinois, Eastern Iowa, and Southeast Wisconsin. 

POSITION SUMMARY:

Responsible for portfolio of at least 150 accounts and asset size of area managed will be greater than $500 million.

REQUIRED EDUCATION, EXPERIENCE AND SKILLS:

  • Bachelor’s degree or compensating work experience required
  • Minimum 5+ years prior Wealth Management Officer experience necessary
  • Effective public speaking and presentation skills
  • Excellent written and verbal communication skills
  • Proven sales skills
  • PC literate and good knowledge of FIS wealth management system
  • Position may require the need to travel to other branch or meeting locations. 

DUTIES/RESPONSIBILITIES:

  • Assume administrative responsibility for a selected group of accounts
  • Meet with clients for the purpose of discussing their needs and benefits of Wealth Management services in order to expand client relationships
  • Achieve annual negotiated performance standards
  • Monitor account activity and portfolio mix to ensure that established investment guidelines are met
  • Profile clients, plus calculate and monitor their net worth on an ongoing basis
  • Participate in all required training sessions for compliance 
  • Maintain adequate controls to ensure compliance with consumer protection statutes/regulations in a defined area of responsibility
  • Implement bank-directed policy and changes relating to regulatory amendments
  • Review investment performance with clients
  • Attend and actively participate in office sales meetings and Officer’s Wealth Management and Investment committees
  • Offer guidance and assistance to less experience officers

Employment type: 

  • Full time

Days per week: 

Monday - Friday

Shift: 

1st

Years of experience: 

  • 5 - 10 years

Required degree level: 

  • Bachelor's degree

Worksite Info: 

First Midwest Bank - Danville, IL

Benefits: 

Yes