First Bank & Trust

Wealth Management Intern

First Bank & Trust  •  United States (Onsite)  •  4 hours ago
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Job Description

As an intern, this person will gain broad exposure to Wealth Management Services, including Trust, Brokerage, Private Banking, Investments, Retirement Plan Services, and Operations. This person will assist with client service, research, account administration, and special projects while learning how the teams work together to help clients manage, preserve, and grow their wealth.

Qualifications: This person should be pursuing an associate or bachelor’s degree in finance, accounting, economics, business, or a related field, or have equivalent education or experience. Strong attention to detail, analytical ability, communication, customer service, organization, and discretion are essential. This person should be self-motivated and eager to learn all aspects of Wealth Management.

Principal Responsibilities:

  • Rotate through Trust, Brokerage, Private Banking, Investments, Retirement Plan Services, and Operations to understand each area’s products, services, responsibilities, and client needs.
  • Support Retirement Plan Services and gain education in retirement plan administration, plan sponsor support, participant service, and fiduciary processes.
  • Assist with Trust, fiduciary administration and Brokerage, including account documentation, client and beneficiary service, distributions, reviews, and recordkeeping.
  • Observe Private Banking relationship management and assist with client research, meeting preparation, service requests, and coordination of banking and Wealth Management solutions.
  • Assist the Investments team with market and security research, portfolio and performance reporting, investment meeting preparation, and other analytical projects.
  • Support Operations through account onboarding, system and data maintenance, transaction processing, quality-control reviews, reporting, and workflow improvement projects.
  • Gain knowledge of banking and wealth management products and services and develop effective working relationships throughout First Bank & Trust.
  • Utilize Wealth Management systems and observe how they integrate into client service, investment, compliance, and operational processes.
  • Develop skills in professionalism, financial analysis, decision-making, customer service, communication, confidentiality, and teamwork.
  • Complete special projects and attend client, investment, operational, or departmental meetings as assigned.
  • Maintain confidentiality, integrity, and honesty, especially in dealing with customer information.
  • Act in accordance with FBT policies and procedures as set forth in the employee handbook.
  • Adhere to compliance procedures and participate in required compliance training and all meetings deemed appropriate by supervisor.

Compensation Grade

Hourly Grade 3

First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.

First Bank & Trust

About First Bank & Trust

First Bank & Trust is one of South Dakota's largest family- and employee-owned banks, with 22 locations in 17 towns in South Dakota and Minnesota.

For more than a century, financial institutions led by generations of the Fishback family have proven that banking professionals can be conservative risk managers and entrepreneurs at the same time. The same entrepreneurial spirit that led Horace Fishback Sr. to open his first check-cashing station in Brookings, SD in 1880 drives us toward our vision: To grow a diversified independent financial corporation that excels in delivering community banking services and providing niche products nationwide.

We are proud to be a family- and employee-owned community bank. Our 700+ employees take pride in our Be the 1 Service Culture principles - and it shows! We offer all of the strength and capabilities you might expect from a big-bank, but still have the flexibility and responsiveness of an independent local bank.

Let us show you how we make banking EASY.

{Member FDIC; Equal Housing Lender}

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Brookings, SD
Year Founded
1880
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