Description
Multicultural
Financial Services Intern
Time
Frame: Summer 2021 with possible extension
The
Multicultural Financial Services Intern (MMFSI) primarily focuses on helping
“The Team” [CBSI Lead Financial Advisors (LFAs), Associate Financial Advisors
(AFAs) and support staff] as they work with diverse credit union members to
assess and meet the core financial needs of growth, income, protection and
legacy. As a member of a financial advisor team, MFSIs will assist, as
needed, Coordinators and Sales Assistants with the various administrative and
member service tasks needed to smoothly run a financial services practice. Alignment with credit union and CBSI mission
& culture will also be very important for success. The MFSI position
is designed to allow high potential candidates to learn more about the
brokerage/insurance/investment advice/banking business and assess whether a
career in any of these industries is worth exploring. Based on performance and
opportunity, there is potential for career advancement to include that of AFA
or Sales Assistant within a financial services program.
As an intern, the CBSI leadership team and LFA will work with you to give you
exposure and opportunities that align with your personal development
goals and interests. This internship position is designed to
provide hands-on experience to acquire knowledge of financial advising
practices. Candidates will have the opportunity to apply what they have learned
in a classroom environment while gaining new skills in a dynamic professional
setting. This role requires critical attention to detail in a fast-paced
environment, self-motivation, and resourcefulness to solve problems and answer
questions.
Job
Responsibilities:
- Working alongside
members of the financial services Team (LFA/AFA), develop an understanding
of credit union member’s financial and personal goals and understand the
importance of putting the member’s needs first.
- Assist the Team as they
meet and profile prospective clients, review investment goals, prepare
presentations, recommend investment products, follow up on client
contacts, and help customers meet their needs through the sale of
investment and securities products.
- Assist the Team to
prepare for these meetings by compiling meeting materials, generating
investment holding reports, assist in the preparation of needs assessments
and product recommendations.
- Build strong
relationships with credit union staff as well as members within the credit
union,
- Assist the
financial services team with the delivery---virtually and in-person-of
branch seminars and ensure appropriate follow-up from these events.
- Assist as needed in
the execution of local marketing development plan.
- Assist Sales
Assistants in their duties as they relate to the servicing of
member/client needs, including administrative task include contact members
to confirm appointments and seminar reservations, track referrals, help
coordinate credit union staff training, take and direct member calls as
needed.
·
Maintain
confidential member information by adhering to CBSI’s policies and procedures
for data security and privacy.
The
above statement of duties is not intended to be all inclusive and other duties
will be assigned from time to time.
Job
Requirements:
- Enrollment in
relevant college or university financial services or finance related
degree program such as accounting, finance, business, financial planning,
insurance, or investment management preferred but not required
- Understand multicultural
nuances. Be empathetic and appreciative of differences that may deviate
from a traditional investment client profile.
- Proven oral and
written communication skills. Spanish-speaking fluency a plus.
- Self-starter eager
to develop and expand knowledge
- Have a satisfactory
background check