Financial Advisor

Tri Counties Bank•Chico, CA

About The Position

A Financial Advisor provides investment advice to current and prospective clients (“Clients”) to help them achieve their financial and business goals. This advice includes recommending suitable financial products and services depending on each Client’s particular financial status and objectives. A Financial Advisor gathers and analyzes confidential information from a Client to make an appropriate recommendation, including information such as a Client’s objectives, income, assets, investments, debts, investment experience, time horizon, liquidity needs, risk tolerance and other personal information. Based on this information the Financial Advisor will determine which financial products best meet the Client’s needs and financial circumstances. A Financial Advisor advises and educates Clients regarding the risks, advantages and disadvantages of the different products and services available to them to meet their financial goals.

Requirements

High school diploma or GED required
FINRA licenses required: Series 7, 63 and 65 or 66
State of California life, health and disability insurance license
Previous securities industry experience and direct investment advice experience is required

Nice To Haves

Undergraduate degree or commensurate business experience preferred
Previous securities investment advice experience in a banking environment preferred

Responsibilities

Interviews Clients and conducts appropriate due diligence to obtain key financial information and investment goals, and develops a Client profile
Uses financial planning as a tool to uncover Client needs and suitable solutions
Compares and evaluates possible investment options, and identifies investment strategies and potential investments based on the Financial Advisor’s knowledge of market conditions and the Client’s particular circumstances
Analyzes each Client’s financial situation to recommend only those investments that are suitable for the Client’s particular financial status and objectives
Advises Clients about the risks, advantages, and disadvantages of various investment opportunities and strategies in light of their financial circumstances
Designs, implements, and maintains investment plans to address Client financial goals and business succession needs
Stays current on economic events and trends
Remains thoroughly informed regarding NDIP Investment Services and Bank changes in services, products and policies
Engages in promotion or business development activities, including the marketing, servicing, and promoting of financial services and products
Opens Client accounts, initiates and confirms Client orders, maintains Client files and records and prepares all required reports
Maintains all information relating to Client accounts and Bank affairs in strictest confidence
Complies with all rules and regulations as prescribed by the Financial Industry Regulatory Authority (FINRA), the current broker/dealer and all applicable State Insurance Commissions
Complies with FDIC regulations including but not limited to Bank Secrecy Act, Suspicious Activity Reporting, OFAC, Information Security Guidelines, Identity Theft Red Flags and FDIC rules on Non-Deposit Investment Products (NDIP)
Participates in continuing educational courses through the Bank, the current broker/dealer, FINRA, various insurance carriers and the State Insurance Commissions
Maintains NDIP Investment center and display areas and handles public relations within branch locations
Reads and understands the current broker/dealer Compliance Manual and remains current on all communications from the broker/dealer Compliance Department, FINRA and all State Insurance Commissioner Offices
Maintains a high level of professionalism, integrity and compliance with the Bank’s standards of conduct
Maintains a current understanding of Bank policies and procedures in compliance with all federal and state laws, including but not limited to Bank Secrecy Act (SARs, CIP, OFAC), Information Security (GLBA), Identity Theft Red Flags, Financial Elder Abuse Reporting, and any other applicable regulations that may be specific to your job duties.
Performs other work-related duties as assigned