Wealth Advisor II

Job Description

Job Description

Wealth Advisor II

Canandaigua National Bank

Location: Pittsford, NY (Hybrid – 4 days/wk. in office)

What does a Wealth Advisor II do?

Responsible for providing investment management services to customers of the Bank; capable of articulating the Investment Philosophy of Canandaigua National Bank to prospective/current clients as well as centers of influence who refer business to Canandaigua National Bank Wealth; providing excellent service to customers; achieving goals as established in the Canandaigua National Bank Wealth annual operating plan; complying with operating policies and procedures established for the investment services function; communicating with appropriate personnel; responding to inquiries or requests for information; maintaining appropriate records and providing assigned reports.

Provides investment management and financial services to customers of the Bank as follows:

• Nurtures and maintains client relationships, providing proper financial planning and investment solutions to ensure the client’s financial needs are being met.
• Provides the proper amount of face-time with the client to review the financial situation/plan; brings in other specialists and trusted advisors from within the CNC organization, as necessary.
• Maintains highest level of communication with clients informing them of activity within the account, strategies to capture current market and economic conditions, and providing educational guidance when needed.
• Communicates and documents this communication at a level desired by individual clients (verbal, letters, email, corporate functions).
• Monitors the cash and investments of each account with consideration of the objectives of the accounts, the needs of beneficiaries, and cash requirements for taxes and distributions as illustrated by the following
• Reviews portfolios on a regular basis and recommends changes to clients as may be appropriate.
• Prepares and documents Investment Policy Statements (IPS).
• Initiates and follows through on buy and sell orders and monitors uninvested cash seeking investment opportunities when appropriate.
• Completes annual Regulation 9 compliance review on a timely basis.
• Performs research and review of stocks, bonds, and other investment securities; makes reports and recommendations on ways to better meet account objectives.
• Maintains an active awareness of changes in legal and tax requirements which may affect the investment of accounts (including the employment of risk reducing strategies such as diversification and asset allocation).
• Prepares and maintains documentation, status records and reports on investment and accounts and financial planning activities; prepares various reports, statements, and forms including tax, regulatory, and other governmental forms as required.
• Actively engages in customer activity to meet the required annual goals as established as part of the operating plan. (To include but not limited to New Business Development; Revenue Growth; Asset Retention, Compliance Reporting, and LOB referrals).
• Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness.
• Complies with established operating policies and procedures in order to maintain adequate controls and to support the Bank’s adherence to outside regulatory requirements.
• Communicates with management and staff personnel in order to integrate goals and activities
• Responds to inquiries relating to his/her particular area, or to requests from other Bank personnel, customers, etc., within given time frames and within established policy.
• Maintains appropriate records and provides assigned reports, including sales reports.
• Provides mentoring and on-the-job training and guidance to junior investment officers and others as needed.
• 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.

What is needed to be successful in this role?

• 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. MBA Preferred.
• Certified Financial Planner (CFP) required.
• Specialized Wealth Management education and training such as Chartered Financial Analyst, Chartered Mutual Fund Counselor or similar further education preferred.
• A minimum of seven (7) years' experience in related positions.

• Experience in banking/financial services preferred.

What makes working at Canandaigua National Bank different?

With “Can” in our name, anything is possible. Our strong corporate culture is based upon seven Core Values: Honesty and Integrity, Responsibility, Teamwork, Respect, Innovation, Professionalism, and Commitment. Our culture nurtures passionate employees and offers great rewards including:

• 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.

Our goal is to ensure that our bank, employees, and our community thrive and grow, now and for the next 135 years. We're in it for the long haul. What truly sets us apart from other financial institutions is the quality and commitment of our employees. We've assembled a diverse team of people who share a primary focus: to provide exceptional service for our customers.

As an organization, we are committed to hiring, training, developing, promoting, and celebrating employees from historically disadvantaged groups. At Canandaigua National Bank, we welcome the unique contributions that you can bring in terms of ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran’s status, religion, disability, sexual orientation, education, and culture.

Canandaigua National bank is the only local, full-service, community-owned financial institution in the Rochester area. With “Can” in our name, anything is possible! If you want to be a part of something special, join us today!

Compensation: $110,000 - $135,000. The actual rate offered within the range is dependent on a variety of factors including, but not limited to, relevant experience, qualifications, skills, level offered, and performance expectations.

Canandaigua National Corporation and its subsidiaries encourage diversity in the workplace; we are an Equal Opportunity Employer. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.