Job Description

Investment Officer

DEPARTMENT: Wealth Management

REPORTS TO: President, Wealth Management

SUPERVISES: None

FLSA: Exempt STATUS: Full Time

EEO Classification: 1.2 First / Mid-Level Officials and Managers

HOURS: Regular full-time 40 hours +

SUMMARY: Work with the Wealth Management team within all aspects of the investment process (research, recommendations, trading, managing, special projects, etc.). Manage accounts in the tier 3 and 4 groups and selected tier 1 and 2 as assigned. These tiers typically consist of relationships with assets totaling $1 million or less and include assets that include individual security management along with the proper mutual fund assets. Duties include research and trading securities, creating, and using internal and external reports, making recommendations, quarterly newsletters and research updates to the team. Other responsibilities include business development and working with not only the Wealth Management team, but also the development plans outlined by the bank in a team concept. When prospecting, Investment officers are responsible for having a plan of action for prospecting, setting up meetings, discussing our investment processes, and assisting other officers in joint calls to help acquire new relationships. Must be able to meet individually and discuss all aspects of the investment process in line with Wealth Management\'s various strategies and processes.

EDUCATION & EXPERIENCE:

• Bachelor\'s degree in business, finance, or related field preferred or equivalent experience
• Minimum of three years\' work-related experience
• Demonstrated capability of managing high net worth clients\' portfolios as a fiduciary to meet their investment needs within policy guidelines
• Demonstrated capability of producing and assisting with increasing bank customer business
• Ability to obtain Accredited Fiduciary Investment Manager (AFIM) designation or other like accreditations that enhance ability to perform at a higher level
• Experience with Value Line, Morningstar, and/or financial planning software
• Proficient with Excel, Word, & PowerPoint

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Maintain and update approved Master Equity Holdings list.

• Pull weekly value lines of approved companies, perform research, and analyze companies, and update spreadsheets.
• Executes buy and sell orders (all securities) through TradeDesk on the FIS trading platform or other approved system. Works with operations on trading issues that may arise
• Work with institutional equity and fixed income professionals as needed in areas involved with research, analysis, and trading in various asset classes. This includes mutual fund and/or exchange traded fund (ETF) representatives
• Research of both equities and mutual funds. This includes making recommendations on approved holdings, giving summary reports on companies, and giving reporting findings to the investment or Wealth Management team.
• Monitor cash positions, maturities, and asset allocation shifts in investment portfolios. Report deviations and possibly solutions to the Investment team.
• Execute directed trades at the customer\'s direction
• Discuss financial options with customers and assist in financial plan of action for investment purposes
• Manage high net worth clients. Work with Senior Investment Officer and investment team to prudently invest portfolios according to allocation strategies
• Work with administration to invest accounts according to not only investor\'s needs, but while prudently following policy guidelines
• Making recommendations through research to assist Investment Officers
• Demonstrated capability of producing and increasing bank customer business
• Build plan of action, prospect list, meet with prospects, follow up, and close new business
• Working and building relationships with institutional brokers for the purpose of trading securities
• Researching securities and making recommendations to investment team
• Attending seminars and various training to help depth and knowledge in the industry and to meet and build peer relationships
• Assist with presentation materials for prospects/current clients and various meetings
• Work with performance software and be able to interpret results and research various issues. This includes being able to explain data to customers
• Review and analyze portfolios adjusting as necessary to attain client goals
• Attend meetings as scheduled with the investment committee (TIC) and other various meetings that are needed
• Assist Trust Officers in investment related activities including customer contact and business development
• Assist with board report preparation and quarterly investor reports and market commentaries as needed
• Assist with other Trust and investment projects as needed
• Any other projects as required or assigned
• Responsible for servicing and growing a portfolio of clients
• Promotes and enhances Field & Main\'s culture and fosters the development and implementation of organizational policies and guidelines
• Actively participates in Field & Main\'s sales, service & product training meetings
• Represents the financial institution in community affairs & civic organizations
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

KNOWLEDGE, SKILLS & ABILITIES:

• Must possess strong Math and/or accounting skills
• Ability to multitask and work in a fast paced, ever-changing environment
• Strong customer relationship building abilities.
• Comprehensive knowledge of trust services & compliance.
• Excellent interpersonal, communication & organizational skills.
• Good understanding of financial products & services.
• Problem Solving skills and ability to recognize and focus on critical issues
• Sales experience, particularly in cross-selling products & services.

COMPETENCIES: To be successful in this position, an individual should possess and demonstrate the following competencies to perform the essential functions of this position.

• COMPUTER SKILLS \xe2\x80\x93 Strong working knowledge of computer functions. Ability to learn new technical skills & commitment to pursuing continuing education opportunities to advance technical skills.
• INITIATIVE \xe2\x80\x93 Ability to determine a correct course of action based on knowledge, policies & sound judgment. Takes proactive steps to accomplish task without specific direction. Seeks out & takes responsibility for additional work assessments. Seeks out new learning opportunities. Ability to consistently make correct decisions based on sound judgment, job knowledge, job experience & job training. Willingness to take responsibility for decisions. Keeps supervisor informed of decision & reason & base for the decision.
• FOLLOW-UP \xe2\x80\x93 Completes assignments & tasks willingly, promptly & efficiently. Responds with a sense of urgency to requests from customers, co-workers & /or supervisor. Keeps supervisor informed of status of completed tasks.
• COMMUNICATION SKILLS- Relates positively to customers, staff, co-workers, & supervisors. Consistently demonstrates appropriate use of language expected in a professional work environment. Considerate & respectful of clients, customers, staff, co-workers, & supervisors by tone, volume & mannerism used in communicating. Expresses thoughts clearly & proficiently in written & oral form. Maintains confidentially in all bank, employee & customer related matters.
• INTERPERSONAL RELATIONSHIP SKILLS \xe2\x80\x93 Works well with & along co-workers conveying thoughts, actions & actions in a positive manner. Consistently displays a willingness to cooperate. Receptive to suggestions for improvement. Strong sense of business propriety & decorum. Interacts & communicates with individuals at all levels of the organization. Dependable, consistently at work & on time, follows instructions, responds to management directions & solicits feedback to improve performance.
• TIME-MANAGEMENT \xe2\x80\x93 Ability to consistently display a sense of urgency in completing tasks & servicing customer\'s needs. Ability to maintain accuracy & quality & of work as quantity of work increases. Individual organizes, prioritizes & plans work activities & use of time efficiently. Effectively prioritizes duties & develops a system that triggers action in own workflow. Possess ability to realize urgent nature of tasks assigned. Effectively uses the proper resources to maintain an organized, neat & efficient work environment necessary for completion of duties in a timely manner. Demonstrates accuracy & thoroughness & monitors own work to ensure quality & quantity of work. Takes time to verify work & promptly correct errors. Maintains all the required & appropriate records necessary in the job.
• ADHERENCE TO POLICIES & PROCEDURES - Understands the importance of adherence to bank policies in job related functions, employee & banking issues. Maintains confidentiality of employee, customer & bank information within & outside of the company. Actions & behaviors reflect positively on the company. Maintains highest level of honesty in handling customer, employee & bank information.

ADA REQUIREMENTS: Work is performed in an open office setting; one must be able to concentrate & perform work in an area that will likely result in the interruptions of one\'s duties. Ability to lift items weighing up to 50 lbs.

This job may not be all-inclusive. Employees are expected to perform other duties as assigned or directed by management. Job descriptions and duties may be modified when deemed appropriate by management.

REV. 01/01/2023

PI32516121-8722-fede4304f3c6

Field & Main Bank