Financial Advisor

J  o  b    D  e  s  c  r  i  p  t  i  o  n

THE DETAILS

Job Code:

3201

Grade:

NG

Status:

Exempt

POSITION AND PURPOSE

Meet with Credit Union members to advise, develop, recommend, implement and monitor financial planning and investment products and services. The primary products utilized are mutual funds, annuities, 529 plans and life insurance.

WHO WE ARE

Golden 1 Credit Union is among the top credit unions in the country. As a member-owned, not-for-profit cooperative, Golden 1 is guided by the credit union philosophy of “people helping people.” We are committed to empowering our members and uplifting our communities as we create a more equitable and financially inclusive California. We welcome all who embrace our Core Values.

WHO YOU ARE

You are at your best when helping individuals build financial confidence and long-term success. You combine relationship-building skills, financial expertise, and a commitment to service excellence to develop personalized solutions that support members' goals and financial wellbeing.

THE WORK

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Meet with members to mutually define their personal and financial goals, needs and priorities for the development of individual financial plans.

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Introduce non-deposit investment and insurance products maintaining compliance standards set forth by the NASD, SEC and current broker dealer’s compliance officer.

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Maintain thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.

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Develop, maintain and update member-client information and files in an accurate and compliant manner.

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Conduct member-client portfolio reviews on a periodic basis.

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Meet with assigned branch managers and staff on a regular basis to educate on referral opportunities and to encourage referral activity.

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Work with the Education Department to conduct investment related workshops for management, staff, and/or members.

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Keep up to date and knowledgeable of current investment products offered through our broker/dealer.

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Complete and submit weekly activity reports, annual marketing and business plans, quarterly business plan reviews and other reports as assigned on a timely basis.

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Answer general questions from members in regard to investment and credit union products and services.

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When appropriate promote cross-referrals or cross-sales of credit union products.

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Become familiar with all the products and services Golden 1 offers. As part of the segregation of duties, FAs will have view only access to Golden 1 systems to be able to address any general inquiries. If a specific product or services requests are identified, Financial Advisors will send a referral to appropriate channel to fulfill the request as needed.

QUALIFICATIONS

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Bachelor’s Degree of Arts degree or equivalent experience in the personal investment field preferred

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3+ years in the sales and delivery of personal investment products and services with at least one year experience in a financial institution required

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Personal computer, oral and written communication skills, organizational skills, knowledge of credit union rules, regulations and policies, knowledge of Microsoft Outlook, Word, Excel, and Access, member relations skills, ten key, HP Calculator, and Facsimile machine skills.

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California Insurance Licenses: Life & Disability required

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FINRA license 7 and 66 registration required

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Long Term Care License required

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Financial Planning/Wealth Management Designation or obtained within two (2) years: CFP, CWS, ChFC, AIF, AAMS, CWM, WMS, CWMS, MFP, MCEP required

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Takes Initiative - Owns tasks and responsibilities 

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Delivers Results with Agility - Meets deadlines and adapts

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Collaborates Across Teams - Works well within the team Solves Problems Proactively

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Handles day-to-day challenges Builds Trust and Credibility - Demonstrates reliability 

ORGANIZATIONAL CONTACTS AND RELATIONSHIPS

INTERNAL:

Management group and staff.

EXTERNAL:

Members, non-members, Securities Dealers, Insurance carriers, various vendors and Credit Union league personnel.

WORKING CONDITIONS

Work time includes weekend and after-hours time, based on organizational needs. This position works in-office where working conditions, lighting, temperature, audio, and workspace are all sufficient.

PHYSICAL REQUIREMENTS

Work requires the ability to constantly operate a computer and the ability to read, type, and communicate. Work may require the ability to move work-related supplies weighing up to 10-15 pounds.

DISCLAIMER/INTENT AND FUNCTION OF JOB DESCRIPTIONS

The above information on this description has been designed to indicate the general nature and level of work performed by team members within this classification. Because the nature of positions and job functions can change over time, this job description is not designed to contain or be interpreted as a comprehensive inventory of all essential functions, duties, responsibilities and qualifications requirements of team members assigned to this job. Job duties may be changed or modified in the Credit Union’s discretion. The Credit Union will keep team members updated on key functions, duties, and requirements of their position by communications from the Credit Union and by updating the job description from time to time. Any team member with questions about the nature of their job duties is encouraged to consult with their supervisor.

DECLARATION/ACKNOWLEDGEMENT

This job description outlines the essential functions and physical/mental requirements necessary to perform this role. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.