Senior Institutional Advisor

Overview

Join to apply for the Senior Institutional Advisor role at Alerus

Alerus is a commercial wealth bank and national retirement provider with a core purpose of helping clients achieve their financial goals. We value integrity, collaboration, innovation, adaptability, and an entrepreneurial spirit. We are recognized as a Top Workplace by various outlets.

About the Role

Alerus is seeking a strategic and relationship-driven Institutional Advisor to lead business development with commercial banking, nonprofit organizations, and government entities in the Minneapolis and Phoenix metro areas. The role is suited for a seasoned professional with deep financial expertise and a passion for serving mission-driven institutions and public sector organizations. The successful candidate will identify opportunities, cultivate long-term relationships, and deliver tailored investment and advisory solutions aligned with client objectives and fiduciary responsibilities.

Responsibilities

• Develop and execute a regional business development strategy targeting nonprofit organizations, foundations, endowments, and government entities.
• Build and maintain relationships with key decision-makers, boards, and finance committees.
• Serve as a trusted advisor on investment strategy, fiduciary oversight, governance, and financial planning.
• Collaborate with internal teams across retirement, investment, wealth, and banking services to deliver integrated solutions.
• Represent Alerus at industry events, conferences, and community engagements to generate leads.
• Prepare and present customized proposals, RFP responses, and investment reviews.
• Maintain records of business development activities and pipeline management using CRM tools.

Qualifications

What We Bring

Work Environment

Office setting with regular seated work; occasional movement and light lifting up to 20 pounds. Based on role, some travel may be required.

Base Pay Range

$80,000 - $120,000 annually, plus incentive compensation.

The information in this description is intended to indicate the general nature and level of work performed by employees in this position and is not exhaustive of all responsibilities, duties, and qualifications.

Equal Opportunity Employer

Alerus is an Equal Opportunity Employer. We value diversity and do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Know Your Rights information is provided as required by law.

Alerus Financial is an Equal Opportunity Employer of women, minorities, protected veterans, and individuals with disabilities.

Note : This posting reflects the current hiring status and is not intended to imply that any specific role is closed.

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