Golden 1 Credit Union
Investment Services - Financial Advisor (SoCal Area)
Golden 1 Credit Union, Bakersfield, California, United States, 93399
Overview
TITLE: FINANCIAL ADVISOR
STATUS: EXEMMPT
REPORTS TO: MANAGER - INVESTMENT SERVICES
DEPARTMENT: INVESTMENT SERVICES
JOB CODE: 3201
PAY RANGE: $68,640.00 ANNUALLY
$90,000.00 during the Territory Building Period (2 full production years)
$68,640.00 following the Territory Building Period.
General Description:
Meet with Credit Union members to advise, develop, recommend, implement and monitor financial planning and investment products and services. The primary products utilized are mutual funds, annuities, 529 plans and life insurance.
Responsibilities
Meet with members to mutually define their personal and financial goals, needs and priorities for the development of individual financial plans.
Introduce non-deposit investment and insurance products maintaining compliance standards set forth by the NASD, SEC and current broker dealer’s compliance officer.
Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti money laundering laws appropriate to the position.
Develop, maintain and update member-client information and files in an accurate and compliant manner.
Conduct member-client portfolio reviews on a periodic basis.
Meet with assigned branch managers and staff on a regular basis to educate on referral opportunities and to encourage referral activity.
Work with the Education Department to conduct investment related workshops for management, staff, and/or members.
Keep up to date and knowledgeable of current investment products offered through our broker/dealer.
Complete and submit weekly activity reports, annual marketing and business plans, quarterly business plan reviews and other reports as assigned on a timely basis.
Answer general questions from members in regard to investment and credit union products and services.
When appropriate promote cross-referrals or cross-sales of credit union products.
Physical Skills, Abilities, and Exertion
Sufficient manual dexterity to skillfully operate an on-line computer terminal, financial calculator, and other standard office equipment, including, but not limited to an adding machine, facsimile machine, and telephone.
Effective oral and written communications skills to make presentations and discuss products and services.
Organizational Contacts & Relationships
INTERNAL:
Management group and staff.
EXTERNAL:
Members, non-members, Securities Dealers, Insurance carriers, various vendors and Credit Union league personnel.
Qualifications
EDUCATION:
Bachelors of Arts degree is desired or equivalent experience in the personal investment field.
EXPERIENCE:
Three years of experience in the sales and delivery of personal investment products and services with at least one year experience in a financial institution.
KNOWLEDGE/SKILLS:
Personal computer, oral and written communication skills, organizational skills, knowledge of credit union rules, regulations and policies, knowledge of Microsoft Outlook, Word, Excel, and Access, member relations skills, ten key, HP Calculator, and Facsimile machine skills.
Physical Requirements
Prolonged sitting throughout the workday.
Normal corrected vision and hearing range. A telephone device to enhance hearing will be provided if needed.
Frequent travel.
Required Licenses/Certifications
California Insurance Licenses: Life & Disability.
FINRA license 7 and 66 registration
Long Term Care License
Financial Planning / Wealth Management Designation or obtained within two (2) years: CFP, CWS, ChFC, AIF, AAMS, CWM, WMS, CWMS, MFP, MCEP
This job description in no way states or implies that these are the only duties to be performed by this employee. He or she will be required to follow other instructions and to perform other duties requested by his or her supervisor that are within his/her knowledge, skill and ability as well as his/her mental and physical abilities.
REV. 03/12/2025
#J-18808-Ljbffr
STATUS: EXEMMPT
REPORTS TO: MANAGER - INVESTMENT SERVICES
DEPARTMENT: INVESTMENT SERVICES
JOB CODE: 3201
PAY RANGE: $68,640.00 ANNUALLY
$90,000.00 during the Territory Building Period (2 full production years)
$68,640.00 following the Territory Building Period.
General Description:
Meet with Credit Union members to advise, develop, recommend, implement and monitor financial planning and investment products and services. The primary products utilized are mutual funds, annuities, 529 plans and life insurance.
Responsibilities
Meet with members to mutually define their personal and financial goals, needs and priorities for the development of individual financial plans.
Introduce non-deposit investment and insurance products maintaining compliance standards set forth by the NASD, SEC and current broker dealer’s compliance officer.
Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti money laundering laws appropriate to the position.
Develop, maintain and update member-client information and files in an accurate and compliant manner.
Conduct member-client portfolio reviews on a periodic basis.
Meet with assigned branch managers and staff on a regular basis to educate on referral opportunities and to encourage referral activity.
Work with the Education Department to conduct investment related workshops for management, staff, and/or members.
Keep up to date and knowledgeable of current investment products offered through our broker/dealer.
Complete and submit weekly activity reports, annual marketing and business plans, quarterly business plan reviews and other reports as assigned on a timely basis.
Answer general questions from members in regard to investment and credit union products and services.
When appropriate promote cross-referrals or cross-sales of credit union products.
Physical Skills, Abilities, and Exertion
Sufficient manual dexterity to skillfully operate an on-line computer terminal, financial calculator, and other standard office equipment, including, but not limited to an adding machine, facsimile machine, and telephone.
Effective oral and written communications skills to make presentations and discuss products and services.
Organizational Contacts & Relationships
INTERNAL:
Management group and staff.
EXTERNAL:
Members, non-members, Securities Dealers, Insurance carriers, various vendors and Credit Union league personnel.
Qualifications
EDUCATION:
Bachelors of Arts degree is desired or equivalent experience in the personal investment field.
EXPERIENCE:
Three years of experience in the sales and delivery of personal investment products and services with at least one year experience in a financial institution.
KNOWLEDGE/SKILLS:
Personal computer, oral and written communication skills, organizational skills, knowledge of credit union rules, regulations and policies, knowledge of Microsoft Outlook, Word, Excel, and Access, member relations skills, ten key, HP Calculator, and Facsimile machine skills.
Physical Requirements
Prolonged sitting throughout the workday.
Normal corrected vision and hearing range. A telephone device to enhance hearing will be provided if needed.
Frequent travel.
Required Licenses/Certifications
California Insurance Licenses: Life & Disability.
FINRA license 7 and 66 registration
Long Term Care License
Financial Planning / Wealth Management Designation or obtained within two (2) years: CFP, CWS, ChFC, AIF, AAMS, CWM, WMS, CWMS, MFP, MCEP
This job description in no way states or implies that these are the only duties to be performed by this employee. He or she will be required to follow other instructions and to perform other duties requested by his or her supervisor that are within his/her knowledge, skill and ability as well as his/her mental and physical abilities.
REV. 03/12/2025
#J-18808-Ljbffr