Financial Advisor - NWCM

Location
Herndon, VA
Posted
Oct 20, 2021
Closes
Oct 26, 2021
Ref
2021-1852
Function
Finance
Hours
Full Time
Overview

For more than 70 years, Northwest Federal Credit Union has provided valuable financial products and services for our members. Northwest offers employees a comprehensive benefits program including: medical and dental plans, paid time off, a generous 401k match, student loan assistance, parental leave, and the opportunity to grow professionally through a wide range of job-based, classroom and online training resources. Northwest Federal Credit Union has been recognized as a 2020 Top Workplace by The Washington Post and we believe that our success is built upon the excellence and achievement of our employees. Together, we serve and inspire to transform lives.

The Financial Advisor provides investment and insurance solutions to clients. The goal of the Financial Advisor is to work with the prospect or client to help them understand their current financial picture, anticipate future goals and needs, and develop solutions designed to meet those goals and needs.

Responsibilities

  • Maintain all licenses and professional designations in good standing. Adhere to the firm, regulatory and professional designation issuing bodies continuing education requirements.
  • Contact prospects sent to you by referral or from seminars, events, etc. in a timely manner and schedule meeting.
  • Meet with prospects to understand their current financial profile, their goals and objectives, income, net worth, risk tolerance, investment horizon, and other pertinent information.
  • Utilize industry knowledge, continuing education, planning tools, product research, and professional advice to identify products and services to recommend.
  • Present recommendations after determining and documenting their suitability.
  • Prepare paperwork required to open accounts, review with clients and complete.
  • Enter trades to execute the approved strategy.
  • Monitor market conditions, individual product performance and client holdings to determine when changes to the portfolio's asset allocation and/or product substitution are warranted.
  • Communicate with existing clients on a regular basis to review performance and determine if objectives have changed. Execute changes to their portfolio accordingly.
  • Address any OSJ/Principal review questions and respond to any system notifications immediately.
  • Abide by rules of all regulatory bodies including FINRA, SEC, states, etc.
  • Abide by the Written Supervisory Procedures of the firm and it's clearing broker/dealer and custodian.
  • Maintain current knowledge of the industry and products used by attending vendor meetings and conference calls, reviewing literature and other publications.
  • Gather all necessary client information for the CRM system and maintain client records in good order.
  • Attend and participate in regular advisor, staff and training meetings.
  • Present at seminars to NWFCU members, sponsor groups or others, as requested.
  • Adhere to Bank Secrecy Act (BSA) regulations and all related Credit Union policies and procedures.


Qualifications

  • Bachelor\u2019s degree in Finance, Business or similar field
  • Minimum of 2 years\u2019 experience in the financial services industry
  • A FINRA Series 7 and 66 (or 63/65) are required.
  • A Life & Health insurance license is preferred.
  • Willingness to obtain a Certified Financial Planner designation is preferred.


EEO Notice

Northwest Federal Credit Union is an Equal Opportunity Employer and will consider all qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or any other classification protected by law.

NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900 or HRDepartment@nwfcu.org.

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