Fiduciary Advisor Specialist

Position Summary

The Fiduciary Advisor Specialist will enhance the client experience by servicing clients and providing operational and administrative support to the Fiduciary Services Team.

Duties & Responsibilities

Serve as a resource for the Fiduciary Advisor Team by being able to execute (but not limited to) the following:

• Coordinate strategic planning initiatives and business development opportunities for the Busey organization
• Assist in new prospect research, planning relationship reviews, and event coordination
• Through direct support of Fiduciary Advisors, the Fiduciary Advisor Specialist may also assist in developing new relationships through prospecting and building community networks
• Onboard new clients by arranging client meetings, compiling and completing presentations, preparing annual reviews, and assisting with account opening and closing procedures
• Collect tax information for clients’ annual returns and assist Advisors with coordination of tax year-end processing
• Monitor daily financial reports and cash positions in clients’ portfolios to verify accounts are not overdrawn, and cash balance is adequate to support ongoing cash needs
• Maintain the integrity of client files; verify that proper documentation is appropriately filed in accordance with policy and procedure
• Review and distribute daily and monthly reports to team members, including fee reviews
• Provide support for client communications
• Assist Advisory Support Team with project management and other tasks as needed
• Research, balance, and prepare periodic court reports for Estates and Guardianships
• Establish recurring receipts and distributions, ensuring items are processed in accordance with account agreements and other governing documentation as well as all policies and procedures
• Resolve compliance matters, this includes but is not limited to; accurate account reviews, adherence to policies and other controls in place, gathering all required information from clients, and demonstrating a high level of understanding of regulations, policies, and procedures.
• Manage risk mitigation by adhering to Busey policies, appropriate client identification methods, and appropriate verification methods needed for an array of tasks.
•   Serve as an escalation point to resolve minor service issues for clients, provide feedback to leadership on solutions to improve overall client service experience.

Education & Experience

Knowledge of:

• Strong oral and written communication skills
• Strong organizational skills
• High level of decision making and problem-solving skills
• High level of interpersonal skills
• Ability to: Advanced word processing, spreadsheet and presentation software skills
• Multi-task, set priorities and deadlines with some independence, and perform duties under frequent time pressures
• Complete CFP, CFA, CTFA, or CPA designation

Education and Training:

• Bachelor's degree in business/finance required. Two or more years of related experience in the financial services industry with high-net-worth clients preferred. 

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

 

(Base Pay Range: $24.27 - $29.73/hr)

 

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

 

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

 

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.