Retirement Plan Advisor

Old National Bank•Chicago, IL

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Requirements

Relationship building and collaboration – seeks and maintains trusted relationships
Product Knowledge – Understand ERISA Regulations and Behavioral Finance
Strong administrative/organizational skills
Sales Effectiveness – business development skills including effective listening skills. Committed to achieving established goals.
Education: Bachelor’s degree preferred
Years of Experience: Varies based upon level. Typical required years of experience by level are: RPS Advisor (5+ years), RPS Sr Advisor (7 + years)
Certifications: RPS Administrator II and Sr. levels must possess an advanced level of related industry certification such as, either the C(k)P, AIF, CPFA, CEBS or CRPS
PC/Microsoft Office experience required
Strong verbal and written communication skills
Strong administrative/organizational skills

Responsibilities

Manage a portfolio of client relationships:
Act as primary fiduciary and administrator for a portfolio of retirement plan accounts working with appropriate support teams to ensure the execution of day-to-day administration of accounts is happening appropriately.
Proactively contact clients keeping them abreast of any changes within the ERISA world that may affect their plan and the retirement success of their participants.
Educate, recommend, monitor and assist in documenting the Fiduciary Responsibilities of Plan Sponsor.
Assist with plan design suggestions to ensure the client has a retirement plan that works for their employees.
Investment Oversight and Participant Education:
Develop and deliver content for education/enrollment meetings for plan participants. These meetings are held in group, one-to-one, in-person and virtual formats
Recommend, monitor, and review investments of the plan and monitor vs. the Investment Policy Statement
Assist in increasing revenue for both RPS and other Wealth Group Lines of Business
Foster productive relationships with business partners in Consumer and Commercial.
Work closely with Commercial Lenders and the Wealth Group to develop and expand wallet share with existing wealth relationships.
Enhance brand management and develop outside centers of influence for referral opportunities.