Senior Wealth Planning Analyst

Profile

Senior Wealth Planning Analyst

Duties: The candidate partners with Wealth Strategists, WMAs and other specialists to deliver discovery experience to prospects and clients with a general focus on clients with greater than $10 million investable asset segment. Focus in this process is documenting an effective level of understanding of the family’s current financial situation across all disciplines and collaboratively developing a Wealth Strategy analysis. Remains engaged with the Strategists and WMAs and may meet with clients and prospects in onboarding into Life360 and developing analyses. Assists in the training and supervision of Wealth Planning Analysts and Junior Analysts, monitor and disseminate best financial planning practices for the group, and assist the Analyst Manager with production and processing initiatives and goals. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensuring that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types. Works closely with prospects, clients, and the client service teams to produce key current state analyses (Net Worth Statements, Current Cash Flow, Tax, etc.) based upon the clients’/prospect’s priorities, goals and objectives. Understands and memorializes the entirety of the client’s and prospects current financial structure (estate & wealth transfer, family tree, business entity, etc.) by leveraging Life360 and other tools as identified. Memorializes and helps to maintain, in collaboration with the Private Bank team, a Wealth Strategy for each client and prospect. Assists in the onboarding of clients into the Life360 planning system. Identifies missing information and notifies the team, coordinating a timely production process. Identifies issues and planning opportunities for review and discussion with the team. Responsible for the development of a more comprehensive analysis through the development, delivery and implementation of advanced planning techniques: (estate, tax, insurance, option, investment, retirement). Conducts research related to various advanced planning techniques and strategies (tax, estate, etc.) under consideration by clients and develops financial modeling and flowcharts to demonstrate the economic impact of the strategies. Suggests relevant information to include in financial plan strategy and recommendations to convey importance of next steps in addressing objectives and concerns of affluent client’s financial plan. Participates in the delivery of Wealth Planning Experiences to clients and their advisors and assist in responding to their questions. Coaches and counsels other Analysts on financial planning strategies via formal training or as part of their day to day interactions. Responsible for providing Wealth Planning Analysts timely, candid, and constructive plan performance feedback. Assists with development and presentation of training programs. Must be able to converse with clients, their advisors, and Private Bank team members convincingly. Remains knowledgeable and up-to-date on detailed and complex advanced planning techniques and relevant legislative, regulatory, and case law changes. Participates actively in community affairs and professional associations to deepen knowledge of trends, practices, and relations. Displays the ability to be highly effective in a team-oriented environment and to build relationships based on added value, not title or authority. Supports Wealth Strategists in the development of thought leadership internally and externally in the form of internal white papers, presentations, calls, webinars, etc. Participates in the ongoing development of the wealth planning process. Adherence to all aspects of oversight, risk, and compliance as it relates to following policy, process and procedure. Performs administrative duties as needed.

Additional Information

Job Requisition ID: R35991

Company info

Fifth Third Bank
P.O. Box 77o8
Evansville
Indiana
United States 47739-0001
Website : https://www.53.com