Wealth Management Associate Job Description
Wealth Management Associate Duties & Responsibilities
To write an effective wealth management associate job description, begin by listing detailed duties, responsibilities and expectations. We have included wealth management associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Wealth Management Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Wealth Management Associate
List any licenses or certifications required by the position: PLANNER, FINANCIAL, CERTIFIED, CFA, PMP, MBA, CAMS, CFP, CRS, CPA
Education for Wealth Management Associate
Typically a job would require a certain level of education.
Employers hiring for the wealth management associate job most commonly would prefer for their future employee to have a relevant degree such as Collage and Bachelor's Degree in Finance, Business, Accounting, MBA, Management, Economics, Financial Planning, Education, Graduate, Marketing
Skills for Wealth Management Associate
Desired skills for wealth management associate include:
Desired experience for wealth management associate includes:
Wealth Management Associate Examples
Wealth Management Associate Job Description
- Interview prospective borrowers in order to analyze financial and credit data and advise customers of product/pricing policies and guidelines, and gather any additional required information
- Contributes to WM operations team effort by providing support to our PBs and FCs
- Communicates clearly and effectively about new product enhancements effectively with commercial branches, Branch Managers, and branch staff
- Promotes customer service excellence, exceed expectations of internal and external customers
- Ability to educate a HNW customer on a service or product solution in clear, concise terms
- Adheres to bank policies, regulatory agency guidelines and CE requirements
- Handles complex HNW client inquiries, resolve client issues, and ensure client satisfaction
- Contributes to overall team success and effectiveness, forms strong partnerships and successful integration with CBC and branch network
- Partner with remote teams in Finance and other functions to ensure accuracy and timely delivery of regulatory submissions and ad hoc requests
- Execute regional and global projects in responding to regulatory reporting and changes
- Having passed the Series 6 and 63 would be a plus
- Member of professional bodies, CPA or CFA
- 1-3 years of experience in private banking
- Ability to think creatively and recommend process improvement
- Produce weekly and monthly financial updates for the Wealth Management Operating Committee
- Support WM CFO on a variety of projects and strategic initiatives (e.g., Senior Management Presentations, Town Halls, Annual Plan Process)
Wealth Management Associate Job Description
- Participate in user acceptance testing for any regulatory related enhancement
- Partner with the global team and to provide MIS support for events and marketing team
- Any ad hoc projects and initiatives
- Ensure that the sales process is proactive and timely
- Research prospects through Factiva and Lexus Nexis
- Work with prospect database to implement proactive DRIP campaign to convert leads into prospects
- Set up files on new business prospects
- Communicate with internal partners on all aspects of a prospect/client relationship
- Develop in-depth knowledge of a full range of trust-oriented services
- Lead sales calls and present to COIs/prospects without the assistance
- Track and monitor WM finance priorities
- Coordinate finance RCSA and periodic audits
- Enhance financial reporting used by Wealth Management Leadership
- Develop market and advisor level summary metric reporting
- Assist in strategic & ad-hoc projects for WM Group CEO
- Coordinate weekly and monthly WM OC agenda and materials (backup)
Wealth Management Associate Job Description
- Client portfolio analysis and reporting
- Putting together presentations for client meetings and investment proposals
- Market research on stocks, bonds, funds, etc…
- Formulating trading recommendations to senior team members based upon available market research
- On top of the daily administrative issues and client queries, the role requires extensive commitment to furthering ones knowledge of investment products, financial markets and global economics
- Utilize learning industry software to build interactive and robust courses in a variety of formats including virtual, e-learning, telepresence, and classroom
- Use storyboards, graphics, audio and video files, interactivity, and animations to construct courseware
- Facilitate new hire, skill enhancement and initiative-specific training programs with audiences ranging from individual contributors to managers
- Conduct needs assessments with internal clients to identify performance gaps and implement solutions tailored to the stakeholders’ training requirements through focus groups, workshops, surveys, and individual interviews
- Manage new hire onboarding and licensing registration process from start date to training and securities registration completion
- 1 to 3 years of financial services experience at a brokerage firm or registered investment advisor/manager preferred
- New accounts or client onboarding experience a plus
- Ability to travel to other locations where resources may be needed
- Strong understanding of compliance and new hire requirements preferred
- Prior experience working with investment professionals a plus
- Ability to work with a virtual team of Subject Matter Experts across departments
Wealth Management Associate Job Description
- Manage multiple training program development projects ranging up to high complexity/high impact
- Coordinate training sessions with internal business partners, includes details such as location, logistics, set-up, and materials
- Coaching of new hire trainees
- Responsible for learning@jpmc LMS administration including adding courses to database, managing attendance, performing evaluations
- Analyze data from a variety of sources and compile reports to track new hire onboarding and learner progress through their assigned training plan
- Examine course feedback and metrics to assess training participation, effectiveness, and ensure that appropriate outcomes/improvements have been attained
- Troubleshoot technical issues related to courses, sites, LMS, and telepresence units
- Ensuring all daily processes and SLAs are met within applicable timeframes
- Manage day to day BAU in line with team objectives and regulatory requirements
- Maintaining a culture of high performance and excellent service for both internal and external clients
- High-energy and hands-on individual with at least 3-4 years relevant work experience in Private Banking Risk Management or other Risk Management capacities, Compliance, Operations, or Audit
- Proficient in Microsoft Excel, using advanced formulas, vlookup, pivot tables
- 1-3 years of trust sales or trust relationship management experience
- Basic knowledge of personal financial planning, trust and investment products and services are required to perform primary duties
- The ability to successfully multitask, keeps organized, and responds to clients in a timely manner through written correspondence or via telephone
- Prior trade execution experience
Wealth Management Associate Job Description
- Provide exceptional client service support to internal and external clients alike
- Liaise with various departments across the wealth management business
- Deceased Estates processing
- Chess Sponsorship
- Intermediary & External Planner administration
- Facilitate all aspects of client on-boarding and on-going account administration
- Work with clients to develop long term relationships producing regular sales activity and revenue
- Attract new customer assets under management to the company for investment in equities or related products offered by the company
- Works with the CFO support team for the branch network, managing strategic and ad hoc data analytics for product areas and senior management
- Produce monthly reports and participate in monthly meetings sharing financial reviews for each business
- Ability to manage multiple projects and deadlines simultaneously, and to work under pressure
- Motivated and proactive mindset
- Additional language skills – fluency in Russian, Greek or Turkish desired
- Strong understanding of the PBRM / IRM business model, needs and key drivers the sales process
- Previous CWM brokerage service center operations experience required
- Strong Microsoft Office skills – Word, Excel, Access, PowerPoint