Wealth Manager
Description
Bar Harbor Bank & Trust, is an independent community banking organization committed to helping its customers, employees and shareholders achieve their financial hopes and dreams. If you want to be part of our team that makes this vision a reality, please read on.
Bar Harbor Bank & Trust offers: competitive pay, referral incentives, an employee stock purchase plan, medical/dental/vision/life insurance plans, paid holidays, 401(k) plan, paid time off, a wellness program, continuing education benefits, and more!
Bar Harbor Bank & Trust is seeking a* Wealth Manager *to join our team. The locations for this position can be; Concord, Nashua, Hanover, or New London, New Hampshire.
Responsibilities (Essential):
- Provides guidance and expertise to clients in meeting their financial needs and assisting them with clarifying, and then developing a plan to meet their goals, many times with the assistance of the Investment Officer, Director of Wealth Services, Wealth Manager colleagues and/or a Certified Financial Planner®.
- Responsible for the overall management of the client relationship for accounts developed or assigned. Coordinate client communications and work closely with colleagues to ensure the quality of the client experience.
- Provides a level of service that cultivates retention and referrals from existing clients.
- Understands and adheres to all firm policies and procedures involving account administration. Ensures client files are maintained accordingly with appropriate documentation in support of compliance, regulatory, audit and examination directives.
- Delivers quality service to a book of trust and investment clients. Initiates regular client communications via telephone, e-mail, in writing and in person. Exercises independent judgment in resolving client inquiries and responds to client requests in a timely and professional manner.
- Maintains knowledge of the client’s financial needs and objectives. Takes appropriate action as warranted due to changes in (a) client situation, needs, or objectives; (b) changes in the legal or regulatory landscape; or (c) economic situation.
- Responsible for the proper completion of transactions with or on behalf of clients according to the firm’s policy and appropriate regulations.
- Completes periodic reviews for each account. Regularly reviews the client relationship and account documentation to ensure it is complete and accurate.
- Works with the Investment Officer to manage client investment portfolios in line with the investment objective and firm policies and procedures.
- Pursues training, educational or self-development opportunities to increase skill level and remain current on tax, financial, estate, investment, and retirement developments and laws.
- Maintains current understanding of regulations as they relate to Fiduciary issues by understanding Trust/Wealth Management regulations, compliance and other legal matters.
- Consults with firms Fiduciary Counsel or client’s attorney on matters dealing with the trust document.
- Assumes additional responsibilities as required.
Required Education & Experience:
- BS/BA Degree.
- Two to five years (ten years for senior persons) of trust/wealth experience including: trust administration, knowledge of personal and trust taxation, estate planning, private banking and retirement planning.
- Equivalent combination of education and experience.
- CTFA, CFP®, CFA, JD or related designation helpful, but not required.
Qualifications:
- Skills
- Behaviors
- Motivations
- Education
- Experience
- Licenses & Certifications
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)