Financial Advisor

Job Description

First Federal Bank of Louisiana is currently seeking a Financial Advisor in the Investments Department.

About Us

First Federal Bank of Louisiana is a full-service, locally owned, community bank that has helped build the communities we serve for 70 years. With 16 branches serving 11 communities in Louisiana, we are proud to offer our customers a wide variety of products and services to meet all of their financial needs. We offer Personal and Business Checking Accounts, Savings and CDs, multiple Retirement options, Home Equity Lines of Credit, as well as Mortgages and Consumer Loans. Our established Investment and Insurance divisions also offer a full line of products. Over the years, First Federal Bank has established a reputation for fast, professional service. We believe our customers expect and deserve nothing less.

Summary

Sells financial products and services to clients for investment purposes. Develops and implements financial plans for individuals, businesses and organizations.

ESSENTIAL DUTIES & RESPONSIBILITIES include, but are not limited to, the following:

Develops and builds long-term financial advisory relationships with clients

Develops prospects from current Bank customers, referral leads, and other sources

Makes presentations on financial services to groups to attract new clients; attends sales and trade meetings to develop new business prospects

Interviews clients to determine assets, liabilities, cash flow, insurance coverage, tax status and financial objectives and goals

Analyzes clients’ financial status and develops financial plan; discusses financial options; prepares and submits documents to implement plan selected; reviews and analyzes financial performance results

Reads status reports; performs calculations to monitor clients’ accounts; verifies transactions

Maintains contact with clients; revises existing plan based on modified needs of client or changes in investment market

Refers client to other areas of the Bank to obtain services outlined in financial plan

Buys and sells stocks and bonds for clients

Opens and services new accounts

Ensures compliance with applicable laws and regulations; provides timely and appropriate account disclosures; obtains a written signed acknowledgment by clients

Process operational and administrative duties as needed

Trains Bank staff on product knowledge, referral tips, etc.

Compliance training is assigned to all Bank personnel based on their position with the Bank. Employees are required to complete all assigned training timely and in accordance with Bank policy.

Contributes to team effort by accomplishing related duties, as assigned

Minimum Qualifications

Bachelor's degree from four-year college or university, preferably in a business-related field

Minimum of five (5) years of related experience and/or training or equivalent combination of education and experience

FINRA Series 7 license, 63 & 65 or 66, and Life and Health licenses are required

Must maintain a valid driver’s license

Certified Financial Planner (CFP) Certification preferred but not required.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are a basic summary of the knowledge, skill, and/or ability required. The full job description is attached as a pdf to this job posting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Other Duties & Responsibilities

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

EQUAL OPPORTUNITY EMPLOYER

The employment policy of First Federal Bank and its subsidiaries is to provide an equal employment opportunity for all employees and job applicants without regard to race, color, religion, sex, national origin, age, individuals with disabilities, protected veteran status, sexual orientation, gender identity, genetic information, or any other legally protected characteristics or activities in accordance with applicable laws.

Full-time