Private Wealth Associate

Midwestone Bank • Stillwater, MN

192d • $60,000 - $80,000

About The Position

The Private Wealth Associate supports the sales and service teams for Private Wealth including Private Banking, Wealth Advisors, Private Wealth Advisors, and Portfolio Managers. Approximately 50% of the role is supporting the day to day needs of our Private Banking team and 50% of the role is supporting Private Wealth meetings for both prospects and existing clients.

Requirements

• Post high school education preferred or equivalent combination of education and related work experience.
• Three to five years' experience in a sales support role or some other client-facing role is preferred.

Responsibilities

• Prepares letters, memorandums, and reports.
• Processes payments, advances, and wire transfer requests; assists officer in opening new accounts, client account maintenance and preparing loan papers.
• Helps to research and resolve customer problems, and provides quality customer service via telephone, email and in person to both internal and external clients.
• Daily overdraft review.
• Contact for service center after zero out if PB not available.
• Assist in management of customer data.
• Identifying opportunities (checking large dollar transactions, accts that should be PB, etc.).
• Marketing liaison and new product development support.
• Prepares client review materials and works with team on inserts, bind booklets, and meeting support.
• Prepares prospect materials for field as directed by the sales team. Binds booklets, etc.
• Assist Chief Investment Strategist with thought leadership marketing materials.
• Follows up on new client onboarding and works with Admin team to create a seamless client experience. Include follow-up of required information to transfer existing assets to MidwestOne.
• Supports regional teams with client event organization.
• May be responsible for direct outreach to clients for scheduling, follow-up, paperwork, etc.

Benefits

• Competitive base compensation with additional performance-based incentives.
• Career development and continuous learning opportunities.
• Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more.
• 100% vested 401(k) Retirement Plan with company match.
• Medical, Dental, and Vision insurance.
• Flex spending plan & Health savings accounts with employer contribution.
• Student Loan Debt Reduction Program.
• Employee Stock Ownership Plan.
• Employer provided group life insurance with option to purchase additional life insurance for you and your family members.
• Employer provided long term and short term disability insurance.
• Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance, and Hospital Indemnity.
• Wellness Program.
• Free banking services and other financial services discounts.
• Take Your Dog to Work Day in June.
• Employee Rally Day- a day of celebration and recognition!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree