Investment Specialist, Retirement Plan Services, South Bend, IN (On-Site)

POSITION SUMMARY

Responsible for performing financial analysis of investments, in particular mutual funds, brokerage accounts and common/collective trust funds. Supports the investment advice provided to a bank client regarding the client's qualified retirement plan investment portfolio.

ESSENTIAL REQUIREMENTS

• Organizes and maintains historical and technical data employed in investment analysis of the bank's Approved Mutual Fund List.

• Creates and maintains individual client portfolio reports using analytical/research tools (i.e., Morningstar Principia Pro).

• Maintains knowledge of and enhances proficiency in using all analytical tools.

• Conducts research, selection and ongoing maintenance of universe of investment vehicles suitable for qualified retirement plans.

• Monitors "Approved Mutual Fund List" regarding selected funds' continued risk, performance and suitability.

• Monitors investment vehicle "Suggested Model Portfolios".

• Monitors all client portfolios on a periodic basis by reviewing mutual funds and other investments for their appropriateness in a qualified retirement plan.

• Produces periodic reviews and reports of funds used in client portfolios.

• Produces periodic formal reports to clients regarding performance of plan's investments.

• Produces technical analysis of prospective client's portfolios.

• Produces final fund selection recommendations for incoming new business.

• Assists Relationship Officers with presentation of investment information to plan sponsors and participants.

• Supports Sales Officers with the development of sales presentations.

• Supports Service Officers with the development of Annual Reviews.

• Responsible for the completion of all compliance training related to the position.

• Must understand all applicable laws and regulations that apply to the position and comply with the requirements.

NON-ESSENTIAL FUNCTIONS

Performs all other duties as assigned.

EXPERIENCE/SKILLS

• Three (3) to five (5) years of related experience preferred.

• Working knowledge of trust accounting systems (i.e., Metavante, Trustdesk, Relius, etc) preferred.

• PC skills--proficiency in Word, Advanced Excel Features, Adobe Acrobat, and PowerPoint essential.

• Basic working knowledge of plan provisions and processes.

• Good written and verbal communication skills.

• Ability to work with all different departments and business entities.

• Strong attention to detail and high degree of accuracy.

• Ability to prioritize.

• Good time management skills.

EDUCATION

Bachelors' Degree preferred.

TRAVEL REQUIREMENTS

Ability to travel for meetings, projects or training as needed.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.

While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.

EQUIPMENT

MS Office PC, fax, phone and standard office equipment.