Wealth Associate

Why FirstOntario?

• Competitive compensation packages
• Top-tier health and wellness benefits, including comprehensive benefits packages, a yearly health spending account and personal spending account
• Enhanced mental health benefits through SunLife and TELUS Health
• Exclusive banking benefits
• Up to $1000 per year towards professional development
• Pension Plan
• Flex-work environment
• Company-wide Employee Volunteer program (Blue Wave Program)
• Employee and Family Assistance PrograM

Job Overview

The Wealth Associate will act as the primary contact for Wealth Connect. The Wealth Associate is responsible for providing sound investment advice that increases Wealth related assets and revenue while being actively involved in business development initiatives that increase the visibility of FirstOntario Wealth across all branches and members.

Role

In the role, you will...

• Be a natural relationship builder with new and existing members by conducting discovery interviews, and helping to identify members mutual funds related goals
• Make recommendations to members whose assets are less than or equal to one hundred thousand dollars which may be amended from time to time
• Truly believe in FirstOntario Wealth products and services and be able to communicate to members and prospective members how we can improve their financial lives
• Proactively identify areas of opportunity relating to Mutual Funds products to help surpass sales targets and provide new and existing members with the best product
• Effortlessly build and maintain close working relationships with internal business partners across the organization to support the achievement of organizational objectives and strategic goals
• Work with new and existing members to help consolidate wealth related assets from other financial institutions to FirstOntario
• Develop and implement an effective plan to keep existing investment business on the books
• Stay well connected with members through a variety of communication channels to better service our members and uncover their needs
• Accurately maintain current member files and conduct reporting as needed
• Diligently complete documentation related to member needs and requests, including the Book of Record system, planning software, contact management system (CRM) and other applicable programs
• Seek to support the member's financial portfolio by referring to the appropriate internal partners when required
• Provide superior member experience through support and service to our current and prospective members creating exceptional relationships
• Consider health & safety as a primary concern to ensure the safety of self and others
• Perform other duties as required

Required Skills

Within your skills and qualifications, you will...

• Hold a valid Mutual Funds Licence or Securities Licence, which must be kept in good standing
• Have completed or working towards your Responsible Investment Specialist (RIS) certification
• Be proud of your PFP/CFP or be willing to pursue one of these designations
• Maintain accurate transaction records and detailed notes of member interactions and meetings
• Be familiar with applicable software including but not limited to eAdvisor MFDA and Dataphile Web MFDA
• Demonstrate enthusiasm and a willingness for sales and business development
• Keep current on financial trends and changes in the investment industry and be well versed in mutual funds products
• Take the initiative to assess requirements to help our members financial goals become a reality
• Become experienced at taking the initiative, assessing requirements and developing plans to help our members reach their financial goals
• Appreciate the need to work independently while supporting team members and organizational objectives
• Be timely and accurate with requests to ensure you are servicing the needs of all members
• Enjoy the challenge of an evolving position with the desire for growth and advancement in Wealth at FirstOntario
• Genuinely care about the financial well-being of our members
• Inherently demonstrate a high level of integrity and be trustworthy
• Be aware of and mitigate enterprise risk factors and ensure compliance with applicable compliance regulations, security regulations, legislation and FirstOntario policies and procedures
• Be extremely comfortable using a computer particularly Microsoft Office

This posting is for an existing vacancy.

Salary Range: $59,078 to $81,233 annually.

Compensation for this role reflects a combination of skills, experience, and internal equity. Those whose experience more closely aligns the role's requirements may be placed higher within the salary range. You will learn more about FirstOntario Credit Union's total rewards package during the interview process.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.