Wealth Associate, Senior

Alerus • Fargo, ND

1d • Onsite

About The Position

Alerus is a commercial wealth bank and national retirement provider focused on helping clients achieve their financial goals through integrity, valued advice, and collaboration. The Senior Wealth Associate supports Wealth Advisors in strengthening existing client relationships and developing new business opportunities. As part of a team of wealth experts, the associate helps clients select Alerus products and services and ensures those services are fulfilled seamlessly to support clients’ financial wellness goals. The role also includes mentoring Wealth Associates.

Requirements

• Bachelor's degree in business, finance, or a related field, or equivalent work experience.
• 5–7 years of experience in financial services and CRM.
• Strong organizational, time-management, and problem-solving skills, with the ability to multitask.
• Self-motivated and team-oriented, with a passion for improving clients’ financial wellness and the ability to maintain professionalism under stress.
• Demonstrated client service abilities and strong verbal and written communication skills.

Responsibilities

• Facilitate onboarding for new clients, ensuring necessary documentation is complete and service expectations are established.
• Collaborate with wealth advisors, product specialists, and other team members to meet client needs and financial goals.
• Respond promptly and effectively to client inquiries, document interactions in the CRM, and keep advisors informed of updates.
• Collect and retain client documentation in compliance with company policies and regulatory requirements.
• Handle day-to-day transactions, including deposits, distributions, transfers, and account maintenance, with accuracy and attention to detail.
• Review accounts regularly for compliance issues, overdrafts, and required maintenance, and take appropriate action to support account health.
• Maintain a general understanding of financial planning concepts, including depository products, investments, lending, income and estate tax planning, IRAs, insurance protection planning, charitable planning, and liquidity planning.
• Mentor Wealth Associates to support their growth and development.

Benefits

• Competitive compensation, including base salary and bonus and/or incentive opportunities.
• Medical, dental, vision, life, and long-term disability insurance.
• 401(k) and ESOP retirement savings.
• Flexible time off and company-paid holidays.
• Parental and bereavement leave.
• Learning and development resources and advancement opportunities.
• Access to financial experts, financial wellness tools, and discounts on Alerus products and services.
• Paid volunteer time and a company donation match opportunity.

What This Job Offers

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