At a Glance
- Tasks: Provide expert financial guidance and investment advice to help clients achieve their goals.
- Company: Join South Shore Bank, a community-focused mutual bank dedicated to client success.
- Benefits: Enjoy competitive salary, health benefits, and a supportive work environment.
- Other info: Diverse and inclusive workplace with opportunities for growth and development.
- Why this job: Make a real difference in people's lives while building your career in finance.
- Qualifications: Must have FINRA Series 7 and 66; strong communication and relationship-building skills.
The predicted salary is between 49500 - 60500 £ per year.
The Financial Advisor plays a crucial role in providing comprehensive financial guidance and investment advice to our valued clients. This expertise helps clients make informed decisions about their financial goals, investment strategies, retirement planning, and wealth management. The Financial Consultant works closely with clients to understand their unique financial needs, assess their risk tolerance, and develop tailored financial plans that align with their objectives.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:
- Conduct thorough financial assessments for clients to understand their current financial situations, future goals, and risk profiles.
- Provide personalized investment advice and recommendations based on clients' financial objectives, risk tolerance, and time horizons.
- Collaborate with clients to develop holistic financial plans such as budgeting, investment strategies, retirement planning, estate planning, and tax-efficient solutions.
- Regularly review and update clients' financial plans to adapt to changing circumstances, market conditions, and life events.
- Present and explain complex financial concepts in a clear and understandable manner to clients, helping them make informed decisions.
- Stay up-to-date with market trends, economic indicators, and financial products to provide accurate and timely advice.
- Maintain a strong understanding of banking products and services to deepen client relationships.
- Actively engage in business development activities to expand the client base and achieve sales targets.
- Develop relationships with banking colleagues. Educate bank partners on wealth management offerings and how to identify and refer prospective wealth management clients.
- Comply with all regulatory requirements and ethical standards.
- Maintain a robust knowledge of the firm’s latest planning tools, techniques and strategies.
- Inform management of circumstances that require supervisory attention, review, or approval per compliance guidelines and policies.
Consider this description to be the foundation of your job, not its boundaries. Expect to participate in internal and external training sessions and activities not described here which enhance the quality of service to the client.
QUALIFICATIONS
- FINRA Series 7 and 66 (63 and 65 accepted in lieu of 66).
- Preferred additional designations: Certified Financial Planner and/or Chartered Financial Analyst.
- Established practice and experience managing client portfolios and driving growth.
- Proven relationship building and business skills.
- Bachelor’s degree or higher.
- Possess excellent communication skills, both written and verbal.
- Highly entrepreneurial.
LANGUAGE SKILLS
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
- Ability to write reports and business correspondence.
- Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public in an investment climate.
MATHEMATICAL SKILLS
- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals and to interpret meaning behind results.
- Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
REASONING ABILITY
- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
- Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand, walk; use sufficient hand, arm and finger dexterity or feel objects, tools, or controls. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.
KEY POINTS
Join the Bank that shares success with others! As a locally managed mutual bank, South Shore Bank is driven by the needs of communities rather than the demands of investors. You can help us serve as a trusted advisor to the people, businesses and organizations that make our communities stronger. We also provide a competitive benefit package with Medical, Dental, Vision, Flexible Spending, Dependent Care, Childcare Subsidy, Retirement, Life Insurance, and many other benefits.
It has been and will continue to be the policy of South Shore Bank to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, sex, color, religious creed, religion, national origin, citizenship status, age, disability, pregnancy, ancestry, military service, or veteran status, genetic or carrier status, marital status, sexual orientation, or any classification protected by applicable federal, state, or local laws. At South Shore Bank, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. We believe in Shared success and We before Me. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
PAY RANGE DISCLOSURE
The pay range for this position is a base salary of $60,000.00 per year plus commission and is the lowest to highest salary South Shore Bank in good faith believe we would pay for this role at the time of this posting. The Bank may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay position within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, sales or revenue-based metrics, and business or organizational needs and affordability.
EOE/F/M/Vet/Disabled. Salary Description $60,000.00 Base + Commission
Financial Advisor in Weymouth employer: South Shore Bank Roles
At South Shore Bank, we pride ourselves on being a community-focused employer that values diversity and inclusion, fostering a collaborative work culture where every employee is respected and empowered. As a Financial Advisor, you will benefit from a competitive compensation package, comprehensive training opportunities, and the chance to make a meaningful impact in the lives of our clients while working in a supportive environment that prioritises shared success over individual gain.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Advisor in Weymouth
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like South Shore Bank Roles. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Advisor in Weymouth
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to South Shore Bank Roles.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on South Shore Bank Roles's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at South Shore Bank Roles
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with South Shore Bank Roles.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at South Shore Bank Roles will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former South Shore Bank Roles employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
