Virtual Financial Advisor

Virtual Financial Advisor

Requirements

• Advanced Knowledge of concepts, practices and procedures of securities and banking industry.
• Advanced Knowledge of fundamental investment concepts, practices and procedures used in the securities industry.
• Advanced Knowledge of principles of banking and finance and securities industry operations.
• Advanced Knowledge of financial markets and products including annuities, UIT’s, structured products, alternative investments, mutual funds, stocks and options.
• Skill in organizational and time management skills sufficient to prioritize workload, handle multiple tasks and meet deadlines.
• Skill in detail orientation to ensure quality standards are met without impairing workflow.
• Ability to use effective oral and written communication skills sufficient enough to interact effectively and guide clients, financial advisors, and back office staff on various operational issues.
• Bachelor’s Degree (B.A. / B.S.) in a related discipline and a minimum of four (4) years of experience in the financial services industry.
• SIE required provided that an exemption or grandfathering cannot be applied.
• FINRA Series 7 required.
• FINRA Series 66 or 63 and 65 required.

Responsibilities

• Coaches and mentors less experienced Investment Central associates.
• Works in cohesion with other Virtual Financial Advisors to oversee over $2 billion in client assets to ensure proper fiduciary processes and procedures are integrated and aligned with business practices to mitigate risk to the business.
• Provides escalated support and guidance in dealing with client portfolios and various customer queries.
• Informs appropriate management about issues with client accounts that may involve or expose the business to potential liability.
• Assists management to implement adequate controls and quality assurance processes to address potential liability.
• Keeps abreast and maintains working knowledge of current Capital market news and how that can impact our client accounts.
• Researches, interprets and translates investments within portfolios and educates clients based on proper asset allocation and modern portfolio theory.
• Addresses sensitive client issues surrounding AML or other Supervisory alerts generated by the firm.
• Assists clients, branches, advisors and back office operations with general questions on all aspects of our business and intertwined departments.
• Assists in sales practices, oversight of the account opening process, the execution of client unsolicited orders and offering guidance/supervision in relation to other associated sales practice activities and requirements.
• Manages, reviews, and approves all clients’ activity. Educates and guides our clients regarding services and products offered.
• Establishes and manages client brokerage accounts while maintaining complete client information in accordance with internal and external regulations.
• Contact clients to review portfolios, complete Investment Policy Questionnaire and provide information on investments and make suitable recommendations.
• Work to acquire additional assets that the client may have held away from the firm.
• Places various trades including large volume trades while performing due diligence and mitigating risk to the business.
• Ensures firm and regulatory policies are followed within compliance standards.
• Performs other duties and responsibilities as assigned.

Preferred Qualifications

No preferred qualifications provided.