Financial Advisor

TowneBank
Virginia, VA Full Time
POSTED ON 11/28/2023 CLOSED ON 11/28/2023

What are the responsibilities and job description for the Financial Advisor position at TowneBank?

Description

TowneBank has a culture that:

  • Has a commitment to exquisite service for our members that will lead to our ability to create a reasonable rate of return for our shareholders, a bright future for our dedicated bankers, and a leadership role for our bank in promoting the social, cultural, and economic well-being of our community.
  • Is focused on giving back to the regions we serve. Our deposits are reinvested back into the community in the form of loans, resulting in billions of dollars of new growth and development.
  • As a hometown bank, our family members, directors and employees are active volunteers, serving on numerous boards and donating their time and talents to local organizations.

Essential Responsibilities:

  • Have a thorough understanding of investment products and services

  • Make suitable investment recommendations to clients based on knowledge of individual client goals, objectives and current financial standing

  • Provide for timely execution of both buy and sell orders

  • Properly process check deposits and security deposits in a timely manner

  • Maintain regular communication with clients to ensure goals and objectives are understood and in line with current investment recommendations

  • Maintain all industry required continuing education

  • Adhere to all compliance standards as required by broker-dealer

  • Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)

    Minimum Required Skills and Competencies:

  • Series 7, 63 and/or 66 (or equivalent) Life Insurance license

  • Strong educational background or equivalent professional experience conducive to providing advice and analyzing investment portfolios

  • General computer skills to include competence in Windows and MS Outlook

    Desired Skills and Competencies:

  • Previous experience providing investment advice in either a brokerage firm, the investment division of a financial institution or an investment advisory practice

  • Existing client base

  • Documented production history

  • Clean compliance record

  • Complete competence in Microsoft Word, Excel, Outlook



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)

 

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