Financial Advisor Job Description Samples

Financial Advisor Job Description Sample 1:

Job Setting: Credit Union

This position is responsible for fostering valued relationships with members by promoting financial wellness across all credit, investment, insurance and banking product/service lines appropriate to life stage or life event. In doing so, the Financial Advisor will link in their specialist partners in the investment and insurance areas to bring their knowledge and expertise to address member needs and to develop a personal financial plan. Through ongoing profiling of members/potential members, and ensuring adherence to the Member Intimacy (MI) strategy, the Financial Advisor uncovers and acts upon both short and long term needs to enhance and develop new relationships that enhance both the member’s financial well-being and contribute to organizational growth. As a Financial Advisor you will have or be working toward your Certified Financial Planner designation.

Description Proactively manages the relationship with assigned clients and provides advice to help cleints take action to create/maintain financial wellness. Through ongoing profiling of clients/potential clients, uncovers and acts upon appropriate sales opportunities that contribute to organizational growth and enhance members’ financial wellness.

- Acts as and advocate for credit union.
- Conducts interviews with members to clarify short-term and long-term financial goals and objectives by confirming risk tolerance levels, clarifying financial goals and identifying challenges and opportunities.
-Promotes and completes the sale for a full range of deposit, investment, and lending products within assigned portfolio.
- Grants mortgages, consumer loans and other loans within assigned lending limits for assigned portfolio. Promotes the sales of credit insurance.
- Makes appropriat recommendations to manager for credit above limits.
- As a registered mutual fund sales person, promotes and sells all types of mutual fund products (up to $100,000).
- Identifies potential needs of members and acts as a liaison between the members and specialists in investments (mutual funds over $100,000 and full-service brokerage), insurance (not credit insurance), and advanced tax planning.
- Proactively and effectively uses all tools available, especially MRM, to provide seamless service to members and contribute to NSCU’s growth.
- Keeps informed on all NSCU products and services, competitors’ products and current economic conditions to help determine the impact on members and NSCU.
- Effectively and proactively works with Sales Assistant, other team members, central support areas, and within the community to enhance relationships inside and outside the Credit Union to achieve business results.
- Acts as a mentor and leader with peers and with less senior employees.
- Adheres to safety and security policies and procedures to protect the members and credit union interests regarding transaction processing.
- Operates within transaction approval limits. Follows fraud/forgery/counterfeiting and cheque cashing guidelines. Adheres to premises security and robbery procedures.
- Ensures confidentiality of credit union/member records.
- Ensures ongoing learning to excel in member service.
- Ensures personal development plan is current. Acts upon learning opportunities to maximize contributions.

Experience:
- Minimum of Personal Financial Planner (PFP) designation and/or Certified Financial Planner (CFP) Designation
- Four to six years progressive experience in the financial services industry
- Mutual Funds Licence
- Proven investment and credit sales
- Complete knowledge of lending practices and procedures; Credit Union investment products and procedures; and Credit Union core banking products
- Complete knowledge of Credential Asset Management products and procedures