Simmons Bank – Institutional Wealth Strategist
Simmons Bank – Institutional Wealth Strategist
Title: Institutional Wealth Strategist
Job ID: R114017
Job Location: Dallas, TX – 5950 Berkshire Lane
Employment Type: Full-time
Industry: Banking
Overview
Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC), a Mid-South based financial holding company that has paid cash dividends for 116 consecutive years. Simmons Bank operates 220 branches in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers comprehensive financial solutions delivered with a client-centric approach. Recently, Simmons Bank was recognized by Newsweek as one of America's Greatest Workplaces 2025 in Arkansas. In 2024, Simmons Bank was recognized by Newsweek as one of America's Best Regional Banks 2025, by U.S. News & World Report as one of the 2024–2025 Best Companies to Work For in the South and by Forbes as one of America’s Best-In-State Banks 2024 in Tennessee and America’s Best-In-State Employers 2024 in Missouri. Additional information about Simmons Bank can be found on our website at simmonsbank.com, by following @Simmons_Bank on X (formerly Twitter) or by visiting our newsroom.
At Simmons, “Banking on Our People” is more than just a slogan. It’s the value we place on our talented, dedicated professionals. Simmons invests in our associates’ success by empowering them to realize dreams – their own, our customers’, and our communities’. To create an environment that promotes excellence, Simmons offers a host of career development and wellness programs, along with performance-based recognition and awards. Our excellent team has been the secret to our success throughout our 100-plus-year history, which is why Simmons is committed to nurturing a culture that earns loyalty and catalyzes potential. We’re always looking for dynamic individuals who reflect our core values to join our growing team.
Benefits
Simmons Bank offers a full range of benefits, including:
- Major Medical, Dental and Vision
- Health Savings Account (including a company contribution)
- Paid Time Off combining vacation, personal, and sick days
- Up to 10 paid company holidays
- 401(k) with substantial employer match
- Discounted Stock Purchase Plan
- Profit Sharing contribution with eligibility
- Free Physical, Financial, and Legal Counseling Services
- Free and Supplemental Life Insurance
- Free and Supplemental AD&D Insurance
- Paid Maternity and Paternity Leave
- Free Well-being Program, including financial literacy courses, pet insurance, fitness competitions, adoption assistance, military benefits, tuition reimbursement, and meditation/mindfulness resources
Responsibilities
The Institutional Wealth Trust Strategist ensures that accounts are administered appropriately and works closely with clients, their professional advisors, and portfolio managers.
Essential Duties and Responsibilities:
- Administers assigned accounts according to the terms of the controlling document, applicable laws, regulations, and policies
- Works with the Portfolio Management Group to ensure accounts are invested with appropriate asset allocation, if applicable
- Works as part of the team to support sales efforts and obtain new clients
- Maintains appropriate contact with clients and their advisors
- Works with other bankers and professionals in the legal and accounting fields to develop new trust and investment management clients
- Ensures appropriate accountings are provided to parties associated with assigned clients
- Responsible for management duties of assigned associates, including hiring, performance management, salary recommendations, training, and skill development
- Participates in community and civic activities
- Assists in budget preparation
- Ensures compliance with applicable laws, regulations, policies, procedures, and required compliance training
- Performs other duties and responsibilities as assigned
Qualifications
Skills:
- Ability to read and comprehend instructions, correspondence, and memos
- Ability to read and interpret procedure manuals, business correspondence, journals, and government regulations
- Ability to read, analyze, and interpret financial reports and legal documents
- Ability to write business correspondence, routine reports, and procedures
- Ability to respond in writing to customer complaints, regulatory agencies, or members of the business community
- Ability to effectively speak and present information to individuals and groups, including clients, employees, managers, boards, and the public
Education and/or Experience:
- BS/BA degree from an accredited university or college or
- Four to six years of experience in wealth management
- CPA, CFP, Law Degree, or ABA designation preferred
Specialized Training:
- Coursework related to investments, financial planning, estate administration, or trust-related fields is helpful
Computer Skills:
- Microsoft Word, Excel, and Outlook
Certificates, Licenses, Registrations:
- ABA trust certification preferred
Other Qualifications:
- Strong organizational skills
- Strong oral and written communication skills
- Strong problem-solving skills with the ability to develop creative solutions
- Strong interpersonal skills