Edward Jones

Job Title

Private Banking Strategist- High Net Worth

Recruiter

Krista Calabrese

Opportunity Overview

Team Overview:

Do you have experience working directly with High Net Worth clients? Do you have Expertise in banking? If so, this could be a great opportunity for you! Edward Jones has developed a new wealth management offering tailored to meet the unique needs of high-net-worth (HNW) clients and we need your help launching this new offering and brand, Edward Jones Generations™. We’re looking for strategic thinkers and collaborators who have a strong background in the many complex needs of financial planning as well as a deep desire to put their clients first in everything they do. We’re creating all-new market locations to help us better reach our clients and we’d love to have you join us here.

The Edward Jones Generations™ team provides an end-to-end, HNW client experience by partnering with our branch teams to provide ongoing client services including holistic financial planning, tax and estate planning services via trusted 3rd parties, plan implementation via expanding sets of Edward Jones products and services, and ongoing reporting and support.

What You Will Do:

The Private Banking Strategist leverages the extensive resources of our home office and external 3rd party partnerships to serve HNW clients with complex needs in the following ways:

• Serve as a banking expert in partnership with the senior planner and financial advisor to uncover, understand, and articulate banking needs
• Partner with various internal stakeholders as part of the Banking Business Unit
• Partner with service providers, such as US Bank and other third-party referral network members to bring forward holistic strategies and solutions to meet client goals
• Leverage relationships with external 3rd party service providers, such as US Bank and other third-party referral network members on planning strategies, recommendations, and implementation
• Leverage the firm's full suite of financial planning tools to help clients define their financial goals, identify lending and cash management planning opportunities, and monitor progress to keep clients on-track to meet their goals
• Ability to review HNW client statements and identify opportunities to implement strategies that better align to client goals related to banking, lending and/or cash management
• Expected to translate complex planning strategies in a way that clients can understand (both verbal and written) including education and trade-offs for each proposed strategy

Additional Responsibilities:

• Support Senior Planners and partner with home office and third-party experts to support financial advisors and deliver the high-quality Advice, Planning, Products, and Services (APPS) required to meet our HNW client's wealth management needs
• Serve as a subject matter expert for complex situations requiring deep technical knowledge and extensive banking expertise
• Support the implementation of banking strategies and recommendations
• Communicate at an appropriate technical level with financial advisors, HNW team, and clients to gain understanding of client's needs, aid in documenting client goals, articulate complex strategies and recommendations, identify solutions needed to help the client achieve their goals, and build relationships with clients and financial advisors.
• Serve as a conduit to Banking Business Unit and third-party banking and lending providers such as US Bank and HNW Referral Network members. Setting expectations with service providers, client, financial advisor, and HNW team to deliver timely advice and customized solutions. Connect client's banking needs to their financial plan. Clearly articulate services to be rendered to 3rd party service providers. Need to ensure that 3rd party advice aligns to EDJ advice and guidance
• Facilitate the timely delivery and execution of banking, lending and cash management planning advice between the third-party service provider and HNW team
• Lead or actively contribute to key strategic initiatives/projects within and across Wealth Management Advice & Solutions (WMAS) division supporting our HNW strategy and team, in collaboration with internal/external stakeholders, that enable the firm's evolution to deliver ongoing financial planning and asset management services
• Work in partnership with Edward Jones internal stakeholder groups (Edward Jones Trust Co, Compliance, Legal, Service, Operations, Senior Portfolio Strategist, etc.) to ensure proper alignment and continued evolution in partnership with the HNW business segment and APPS strategies
• Help shape and inform HNW client facing advice and guidance related to complex banking, lending and cash management as well as provide input on future products and services needed to meet client needs

Req ID

104904BR

Position Type

Home Office

Position Schedule

Full-Time

EEO Statement

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.

Posting Location

Arizona, Tempe, Missouri, St. Louis

Company Description

Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we’re proud to be privately-owned, placing the focus on our clients rather than shareholder returns.

Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.

People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.

View our Purpose, Inclusion and Citizenship Report.

¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.

External Flexible Work Option(s)

Hybrid

Awards and Accolades

At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.

Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones

Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones

Country

United States

Search Headquarters Positions by Area of Interest

Investment Products and Strategy

Position Requirements

What Experience You Need:

• Bachelor's degree in Business, Finance, Accounting or other related degree required
• Series 7 and 66 required within 6 months of hire
• Insurance license required 6 months of hire
• CFP® preferred or obtained in accordance with firm policy
• Minimum of 5 years Private Bank lending experience for HNW investors including securities-based lending, residential mortgage, commercial real estate, equipment financing (jets, yachts, etc.), life insurance premium financing, fine art financing.
• Direct client service experience as a member of a HNW client-facing professional team required

What Could Set You Apart:

• Advanced degree preferred
• Prior commercial lending experience preferred
• 6+ years of experience in the financial services industry preferred
• Candidates that live within in a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday

Salary Information

Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.

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