Wealth Associate II

Canandaigua National Bank & Trust Co • Pittsford, NY

8h • $23 - $28 • Hybrid

About The Position

The Wealth Associate II is responsible for providing administrative support related to CNB Wealth services to customers within the bank's market area. This role involves achieving goals set by the CNB Wealth operating plan, ensuring compliance with policies and regulations, communicating with other divisions and management, responding to inquiries, maintaining records, and communicating with clients. The position also includes completing new account setups, processing account transfers, reviewing accounts for accuracy, preparing distribution and deposit requests, setting up scheduled transactions, documenting asset information, researching and responding to inquiries from clients and external managers, monitoring asset purchase and sale requests, assisting with new account and annual review processes, utilizing bank software for client management and transactions, serving as a liaison between Wealth Officers and other departments, supporting customer service goals, organizing work for efficiency, communicating with supervisors and staff, providing reports, and complying with division policies. Additionally, the Wealth Associate II must be able to perform all tasks of a Wealth Associate I with minimal supervision, may serve as backup for the CNC Shareholder Relations Specialist, may act as a relationship manager for custody accounts, and participates in committees and special projects as appropriate. The role also involves performing supportive tasks that may be altered based on individual circumstances.

Requirements

• A B.S. or B.S. degree in a field related to banking or equivalent normally required. A combination of education and work experience will be considered.
• Specialized wealth management education and training.
• A minimum of four (4) years' experience in related positions.
• Experience in banking/financial services preferred.

Responsibilities

• Completes new account set-up and account transfer documents, reviews accounts for accuracy, prepares requests for account distributions and deposits, sets up scheduled distributions and schedules receipts, documents cost basis and acquisition dates for assets of new accounts.
• Researches and responds to inquiries from customers and outside money managers.
• Monitors and assists with asset purchase and sale requests – trade settlement
• Assists in new account and annual account review process.
• Utilizes multiple bank software programs, for CNB Wealth client management, for transaction purposes, as well as research and reporting purposes.
• Serves as liaison between CNB Wealth Officers, Wealth Operations department, and other lines of business in coordinating documentation of accounts.
• Responds to inquiries and requests from customers, outside money managers, and CNB Wealth officers in a timely manner.
• Supports the achievement of customer service goals as established in the CNB Wealth’s operating plan.
• Assists in the organization of the work and activities of the Wealth Management division to achieve established goals and maximize efficiency.
• Communicates with supervisor and other department officers and appropriate staff personnel to integrate goals and activities.
• Provides periodic reports to supervisor and other groups as required throughout the organization.
• Complies with operating policies and procedures established for the CNB Wealth division.
• Able to complete all the tasks of a Wealth Associate I confidently and with little oversight.
• May serve as backup for CNC Shareholder Relations Specialist by providing administrative and customer service support as required.
• May be a relationship manager on custody accounts.
• Participates on CNC committees as appropriate.
• Special projects and participation on CNC committees as appropriate.
• Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Benefits

• Medical, Dental, Vision, FSA, HSA options for both part-time and full-time employees. Medical coverage is also offered for domestic partners.
• Paid Holidays, Vacation, and Sick time.
• Retirement benefits that include a 401(k), Profit Sharing, and Employee Stock Ownership Plan (ESOP).
• Training & Development Opportunities.
• Tuition Assistance.
• Volunteer Opportunities.
• Award Winning Wellness program that promotes a solid work/life balance.
• Banking perks and discount programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level