Navy Federal Credit Union

Financial Advisor - Silverdale

Navy Federal Credit Union • $80K — $86K *
Silverdale, WA 98383In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial services, specifically investment and insurance products.
  • FINRA Series 7 and NASAA Series 63/65 or 66 registration required.
  • Proven track record of developing and managing a book of business.
  • Strong analytical, decision-making, and problem-solving skills.
  • Excellent communication and interpersonal skills for client interactions.
  • Familiarity with industry regulations and compliance requirements, including FINRA and SEC.
  • Proficiency in financial analysis software and CRM tools.

Responsibilities

  • Engage with members in the branch territory to foster growth and relationship-building.
  • Conduct seminars and events to enhance member engagement and expand the client base.
  • Collaborate with Wealth Advisors to tailor business strategies based on client needs.
  • Provide consultations focusing on investment and insurance products for clients.
  • Document account activities and executions to comply with regulatory standards.
  • Review and report on account statuses, ensuring transparency for clients.
  • Create strategies to manage smaller, less complex accounts effectively.

Benefits

  • Hybrid work schedule promoting work-life balance.
  • Opportunity for career development through acquiring additional financial designations.
  • Supportive environment for networking and building professional relationships.
  • Engagement with diverse financial products and services to enhance expertise.
Full Job Description
Job Description

To provide basic financial consulting services to assist members and non-members with identifying their financial goals and objectives. Acts as a catalyst for the promotion and growth of NFFG products and services. Recommends appropriate mixture(s) of insurance/investment products and services to achieve the financial client's goals as a registered representative/advisor/agent of Navy Federal Financial Group (NFFG) and subsidiaries, or incumbent financial firms. Manages moderate dollar volume and moderate member bases.

Responsibilities

  • Actively engaged within assigned branch territory to establish and build relationships for member growth and engagement
  • Conducts local seminars and member engagement events to grow book of business
  • Partners with Wealth Advisor in assigned territory to segment book of business based on member needs and complexity
  • Provide investment industry expertise to client investment consultations and servicing of life insurance and full suite of investment products
  • Administer and document account activity and execution in accordance with NFFG process and procedures and FINRA, NASAA, SEC regulations
  • Conduct review of accounts to communicate account status, explain activities and inform clients of new offerings
  • Develop an internal pipeline for smaller dollar volume, and less complex, accounts in compliance with Navy Federal and NFIS policies and procedures
  • Establish, maintain, and develop business relationships with members and internal/external sources
  • Execute customer and broker purchase/sales orders of securities for current/new clients
  • Identify prospective participation partners/opportunities through prospect calling, networking, and leveraging existing participation business
  • Keep current with legislative and industry updates to identify areas for market growth/opportunities, and/or potential concerns impacting NFIS clients and/or business environment
  • Monitor accounts to ensure accurate processing, identify discrepancies, errors/concerns and take remedial actions
  • Monitor, track and report performance of individual sales plans and assigned strategies for leadership
  • Participate in site audits of registered duties, ensuring documentation and processes comply with Navy Federal standards and FINRA, NASAA, SEC and other regulatory agencies
  • Prepare standard/special reports required by FINRA, NASAA and SEC, and participate in industry and/or internal audits
  • Perform other duties as assigned or appropriate


Qualifications

  • Proven ability to prospect and grow and established book of business
  • Ability to generate GDC based on defined thresholds within a specified period of time
  • FINRA Series 7 and combination of NASAA Series 63/65 or 66 registration required. Life & Health Insurance License preferred (or the ability to obtain within 90 days of hire)
  • Effective analytical, decision-making, problem-solving and organizational skills Exercises initiative using good judgment to make sound decisions
  • Effective interpersonal, verbal, and written communications skills
  • Effective planning, organizational, time management and problem-solving skills
  • Effective skill building relationships through rapport, trust, diplomacy, and tack
  • Effective skill exercising initiative and using good judgment to make sound decisions
  • Effective skill presenting findings, conclusions, alternatives, and information clearly and concisely
  • Effective skill to influence, negotiate and persuade to reach agreeable exchange and positive outcomes
  • Ability to obtain appointment by the sponsoring insurance company, broker-dealer and/or Registered Investment Advisory Firm
  • Experience in business development to include market strategy, product demonstration and promoting products and services
  • Experience consulting with customers to assess their financial status and identify investment needs
  • Effective knowledge of investment and insurance products
  • Effective knowledge, to interpret industry related laws and government regulations
  • Proficiency with PCs and spreadsheet, database, word processing applications, CRMs and financial analysis software
  • Understanding of economic and accounting principles, practices, financial markets, banking, analysis, and reporting of financial data


Desired Qualifications
  • Bachelor's degree in Business Administration, Finance or Management or related discipline or related professional experience
  • Knowledge of Navy Federal/NFFG organization, programs, policies and, procedures
  • Desire to pursue relevant financial services designation


Additional Information
Hours:
  • Monday - Friday, 9:00AM - 5:30PM (Hybrid)


Location:
  • 3340 NW Randall Way, Silverdale, WA 98383


Total Cash Compensation:
  • Base Pay Range ($80,169 - $86,000) + Variable Compensation Pay + Annual Incentive


About Navy Federal Credit Union

Navy Federal Credit Union is a credit union that serves members of the military and their families. The credit union offers a range of financial products and services, including checking and savings accounts, loans, and credit cards. Navy Federal Credit Union was founded in 1933 and is headquartered in Vienna, Virginia. The credit union has more than 9 million members and operates more than 300 branches across the United States and around the world.
Learn more about Navy Federal Credit Union
Size
18,000 employees
Industry
Finance & Insurance
Founded
1933
* Ladders Estimates

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