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State Bank

Retirement Plan Wealth Advisor

State Bank, Defiance, Ohio, United States, 43512

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Retirement Plan Wealth Advisor

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State Bank .

The Retirement Plan Wealth Advisor serves as the primary fiduciary advisor for employer-sponsored retirement plans while building individual wealth relationships. This role combines technical expertise in plan administration and compliance with consultative relationship management, ensuring exceptional service to plan sponsors and participants.

Qualifications

Bachelor’s degree in finance, Business Administration, or related field.

Minimum 5 years of experience in retirement plan administration or wealth management.

Professional designations preferred: CFP, CRPS, FIRS, ChFC, etc.

Strong understanding of ERISA, fiduciary responsibilities, and investment principles.

Ability to travel up to 30% to employer sites and regional offices.

Excellent communication and relationship‑building skills.

Key Responsibilities

Employer‑Sponsored Plan Management

Act as lead advisor for employer-sponsored retirement plans (401(k), 403(b), etc.).

Partner with internal operations and third‑party administrators for accurate plan administration and compliance.

Provide plan design guidance, benchmarking, and regulatory updates to plan sponsors.

Conduct participant education sessions and retirement readiness consultations.

Wealth Relationship Development

Build and maintain strong relationships with plan sponsors and participants.

Identify opportunities to deliver holistic wealth management solutions, including investment, trust, and estate planning.

Operate under fiduciary standards, ensuring all recommendations prioritize client best interests.

Compliance & Governance

Maintain expertise in ERISA, fiduciary obligations, and retirement plan regulations.

Ensure adherence to State Bank Wealth Management policies and regulatory requirements.

Participate in internal audits and compliance reviews.

Preferred Skills

Consultative approach with a focus on client needs.

Proficiency in retirement plan platforms and financial planning tools.

Strong analytical and problem‑solving abilities.

Proficient reading, writing, grammar, and mathematics skills.

Proficient interpersonal, communicative, and sales skills.

Proven management skills.

Strong knowledge of current trust regulations and tax laws.

Valid driver's license.

Essential Duties

Coordinate and participate in client face‑to‑face meetings; monitor staff to ensure expectations are exceeded.

Provide staff with technical knowledge for employee benefit accounts and personal trust accounts.

Perform various duties to provide efficient and accurate trust accounting, record keeping, and reporting services.

Develop operating procedures and programs designed to ensure the efficiency and accuracy of employee benefits accounts, accounting and record keeping.

Reconcile various trust issues with other divisional personnel.

Cooperate with, participate in, and support adherence to all internal policies and procedures related to risk management, safety and soundness, and regulatory compliance.

Communicate with supervisors, managers, and staff to integrate goals and activities.

Provide periodic reports as required.

Ensure compliance with anti‑harassment and non‑discriminatory workplace policies.

Coordinate departmental tasks with coworkers inside and outside the department.

Report pertinent information to supervisors and bank personnel as requested.

Respond to inquiries within established policy and time frames.

Ancillary Duties

Perform tasks supportive in nature to the essential functions of the job, which may be altered or re‑designed depending on individual or departmental circumstances.

Physical Requirements

Ability to ascend/descend stairs.

Occasional stationary position, often standing or sitting for prolonged periods.

Occasional movement inside the office to accomplish tasks.

Occasional lifting of objects up to 40 pounds.

Frequent communication with others to exchange information.

Constant wrist, hand, and finger movement.

Ability to operate a motor vehicle.

Ability to assess accuracy, neatness, and thoroughness of assigned work.

Occasional exposure to outdoor elements such as precipitation and wind.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Finance and Sales

Banking

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