Para Planner

Job Summary

As a key member of the Investment Services team, the Para Planner partners with Wealth Advisor and Investment Coordinator team members to cultivate member relationships. This position provides financial tools, process, and planning development and support and executes a variety of financial projects.  As a licensed financial professional, the Para Planner will work with the Wealth Advisor and Investment Coordinator to enhance the member/client experience. Utilize workflow process and financial advice tools together with analytical abilities to complement Wealth Advisors to serve clients. 

The Para Planner reports to the Manager, Investment Services.

 About UFCU

As Austin’s largest locally owned financial institution, University Federal Credit Union is a financial institution owned by, dedicated to, and always working for our Members.  Our mission at UFCU is simple: to provide for the well-being of our Members. We’re proud to focus on people — not profits. We deliver fair and honest products and outstanding service, and we work collaboratively within our organization as well as our community to help Members achieve their personal and financial goals.

Consistently receiving awards as the Top Credit Union, Best Places for Working Parents, Healthiest Employer, Gallup’s Engaged Workplaces, and Top Mortgage Company, UFCU is proud of its people-first culture.  We value our employees as much as our Members.  We offer an environment where people care about each other – like family.  If you want to love what you do, make an impact in your community, and have the power to help people change their lives – then we’re glad you’re here.

Essential Functions

• Prepare financial plans and investment/insurance sales proposals for high potential prospects and clients.
• Perform financial analyses, assess protection of assets, create reports, and develop client plans for managing risks through protection products.
• Analyze how clients may best manage taxation and create recommendations for planning a secure retirement.
• Perform investment analyses relative to financial goals and create plans for enhancing estate values to care for loved ones relative to member/client financial portfolios.
• Work jointly with Wealth Advisors and Investment Coordinator 2 to lead in the preparation and delivery of financial plans, analyses, and investment/insurance proposals among other value- added life event needs.
• Partner with Wealth Advisors in preparation for annual reviews and servicing needs of current clients.
• Engage prospects and clients by building rapport, discern their goals and needs, and provide suggestions for how to meet those needs.
• Consistently provide excellent member service by responding to all inquiries in a timely manner and immediately resolving issues by identifying goals and establishing priorities.
• Provide investment advice and execute customized solutions to meet members’ service needs.
• Maintain and apply knowledge of current industry trends and emerging concepts.
• Maintain all required licensing and meet continuing education requirements on an annual basis.
• Leverage tools/resources and strategic partnerships to perform financial analyses, assess protection of assets, create reports, and develop client plans for managing risks through protection products.
• Analyze how clients may best manage taxation and create recommendations for planning a secure retirement.
• Perform investment analyses relative to financial goals and create plans for enhancing estate values to care for loved ones relative to member/client financial portfolios.
• Experience in holding both in-person and virtual client meetings with proficiency with video conferencing technologies like Zoom, MS Teams, WebEx.

Other

• Performs other duties as assigned.
• Adheres to all company policies, procedures, and business ethics codes.
• Completes required regulatory training as assigned.
• Maintains strict adherence and compliance to all laws, rules, regulations, and internal controls specific to the role, including but not limited to the Bank Secrecy Act and regulations (Anti-Money Laundering rules), Patriot Act, Office of Foreign Assets Control regulations, and Fair Lending regulations.

Knowledge/Skills/Abilities

Knowledge

• Strong knowledge of financial planning/finance concepts, models, and terminology.
• Proficient in Microsoft Office (Word, Outlook, Excel) and Customer Relations Management software.

Skills

• Strong people and relationship skills, with a service mentality.
• Strong written, verbal, interpersonal, active listening, collaborative, and presentation communication skills, with the ability to explain complex information succinctly.
• Strong organizational and project coordination skills.
• Possess high-level of analytical acuity and intellectual curiosity.

Abilities

• Ability to utilize financial planning software tools including Asset-Map, Riskalyze, Albridge, and MoneyGuideElite.
• Strong ability to utilize defined work-flow process to ensure excellent client/member experience.
• Demonstrated ability to take accountability and ownership in daily work by assuming responsibility and consistently taking action that supports the success of the Wealth Advisor(s).
• Demonstrated passion for continuous learning and staying current with industry trends and concepts.
• Demonstrated ability to provide high touch, quality service surrounding UFCU’s values.
• Ability to work in a highly sensitive and confidential environment.
• Ability to think critically and multi-task in a fast-paced team environment.
• Attention to detail and accuracy in analyzing and interpreting data.

Competencies

• Adaptability
• Building Member Loyalty
• Building Partnerships
• Communication
• Emotional Intelligence
• Focus on Results
• Leading and Developing Self

Experience

Minimum Requirements

• Associates degree in related field. Four (4) years of relevant experience may be substituted for degree.
• Minimum of three (3) years’ experience in financial planning or related field.
• Minimum of one (1) year administrative level experience
• Certified Financial Planner designation.
• FINRA Series 7 and either 63, 65, or 66 Series licenses (i.e., 7 & 63/65, or 7 & 66).
• Texas Life, Accident, and Health Insurance license (or become licensed within 90 days of hire).
• Credit union, financial institution, or investment firm experience.
• Must be bondable.

Preferred Requirements

• Bachelor’s degree in a related field.
• Experience utilizing financial planning software (Asset-Map, Riskalyze, Albridge, and MoneyGuideElite)

Things You Need to Know Before You Apply

Physical Demands

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle or feel; reach with hands and arms; and talk or hear.
• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and ability to adjust focus.
• Employee will make extensive use of the telephone or virtual communications platforms requiring the ability to explain complex information effectively and accurately.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

• This position is required to work frequently at UFCU Plaza in Austin, Texas.
• This position may have direct exposure to possible robbery.
• May occasionally require an adjusted work schedule, overtime, and evening/weekend hours.
• May occasionally move from one work location/branch to another.
• Public contact position, requiring appropriate professional appearance.
• Frequent computer use at a workstation up to two hours at a time.
• The noise level in the work environment is usually moderate.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

** Representatives are employed by University Federal Credit Union and registered through CFS (Member FINRA/SIPC). To learn more about CUSO Financial Services, LP visit www.cusonet.com.

CUSO Financial Services, L. P. (CFS) (Member FINRA/SIPC) is a broker-dealer and RIA with a stable, 25-year track record of serving the investment needs of credit unions and their members. We deliver a clear path to the future of wealth management with the open-minded agility, senior-level access, and expert technology to get there. We are led by visionary financial services leaders who see farther. We’re ranked as one of the top broker-dealers in the industry and we work with some of the top financial institutions in the country. We invite you to join our winning team!