Position Summary

The Retirement Plan Wealth Advisor serves as the primary fiduciary advisor for employer-sponsored retirement plans while building individual wealth relationships. This role combines technical expertise in plan administration and compliance with consultative relationship management, ensuring exceptional service to plan sponsors and participants.

Qualifications

• Bachelor’s degree in finance, Business Administration, or related field.
• Minimum 5 years of experience in retirement plan administration or wealth management.
• Professional designations preferred: CFPÒ, CRPSÒ, FIRSÒ, ChFCÒ, etc.
• Strong understanding of ERISA, fiduciary responsibilities, and investment principles.
• Ability to travel up to 30% to employer sites and regional offices.
• Excellent communication and relationship-building skills.

Key Responsibilities

• Employer-Sponsored Plan Management
  • Act as lead advisor for employer-sponsored retirement plans (401(k), 403(b), etc.).
  • Partner with internal operations and third-party administrators for accurate plan administration and compliance.
  • Provide plan design guidance, benchmarking, and regulatory updates to plan sponsors.
  • Conduct participant education sessions and retirement readiness consultations.

• 
  Wealth Relationship Development
  • Build and maintain strong relationships with plan sponsors and participants.
  • Identify opportunities to deliver holistic wealth management solutions, including investment, trust, and estate planning.
  • Operate under fiduciary standards, ensuring all recommendations prioritize client best interests.

• 
  Compliance & Governance
  • Maintain expertise in ERISA, fiduciary obligations, and retirement plan regulations.
  • Ensure adherence to State Bank Wealtha Management policies and regulatory requirements.
  • Participate in internal audits and compliance reviews.

Preferred Skills

• Consultative approach with a focus on client needs.
• Proficiency in retirement plan platforms and financial planning tools.
• Strong analytical and problem-solving abilities.
• Proficient reading, writing, grammar, and mathematics skills.
• Proficient interpersonal relations, communicative, and sales skills.
• Proficient analytical abilities.
• Proven management skills.
• Strong knowledge of current trust regulations and tax laws.
• Valid driver's license.

Essential Duties

• Coordinates and participates in client face-to-face meetings; monitors staff to ensure expectations are exceeded.

• Provides staff with technical level of knowledge for employee benefit accounts and personal trust accounts.
• Performs various duties in order to provide efficient and accurate trust accounting, record keeping, and reporting services as follows:

• Employee benefits accounts, accounting, etc.
• Record keeping of accounts.
• Reporting information used in client reports, tax reports, management reports, etc.
• Communicates procedures to department personnel and other division personnel who need this type of information.
• Reconciles various trust issues with other divisional personnel.

• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management, overall safety and soundness, and the bank’s compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.; ensures that the department and all personnel adhere to the same.

• Communicates with the immediate supervisor, other State Bank managers, and appropriate staff personnel in order to integrate goals and activities.

• Provides periodic reports to the immediate supervisor and other groups as required throughout the company.

• Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of sexual harassment and other forms of illegal discriminatory behavior in the workplace.

• Coordinates departmental tasks with coworkers inside and outside the department in order to ensure an efficient process and the completion of essential tasks needing proper segregation of duties.

• Reports pertinent information to the immediate supervisor as requested, or according to an established schedule; complies information as necessary or as directed and provides date to appropriate bank personnel.

• Responds to inquiries relating to his/her particular area, or to requests from customers, other personnel, etc., within give time frames and within established policy.

Ancillary Duties

• 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 or departmental circumstances.

Physical Requirements:

• Must be able to ascends/descends stairs to move through the different floors of the location.
• Occasionally remains in stationary position, often standing or sitting for prolonged periods.
• The person in this position needs to occasionally move about inside the office to accomplish tasks.
• Occasionally adjust or move objects up to 40 pounds in all directions.
• Frequently communicates with others to exchange information.
• Constantly moves wrists, hands, and/or fingers.
• Must be able to operate motor vehicle
• Must be able to assess the accuracy, neatness, and thoroughness of the work assigned.
• Occasionally exposed to outdoor elements such as precipitation and wind