Job Description
Benefits: - 401(k) matching
- Competitive salary
- Dental insurance
- Paid time off
- Vision insurance
The
SVP, Wealth Management is responsible for leading the overall strategy, execution, and operations of the Personal and Corporate Trust Departments. This role includes serving as a relationship manager and fiduciary advisor for clients with substantial investable assets, overseeing more than 250 accounts and approximately $350 million in assets. The position also manages trust examinations in coordination with bank examiners and regulatory agencies.
The ideal candidate must have a strong understanding of complex fiduciary accounts; including those involving real estate, farms, ranches, and oil & gas interests—and ensure they are administered in accordance with governing regulations and trust documentation. This individual is also responsible for overseeing departmental administration and implementing the investment philosophy through strategic analysis and execution.
Clients may include multi-generational trusts with multiple residences, intricate gifting strategies, litigation concerns, co-trustee arrangements, and collaboration with family and professional advisors. In addition to delivering exceptional service and acting as a trusted advisor, this role is responsible for developing and executing a growth strategy to expand market share and deepen client relationships.
Essential Duties: - Act as a fiduciary advisor, managing complex trust and estate accounts, including real estate, farms, ranches, and oil & gas interests, in accordance with regulatory requirements and trust documentation.
- Serve as the primary liaison for trust examinations conducted by bank examiners and regulatory agencies.
- Administer multi-generational trusts that may involve multiple residences, intricate gifting structures, litigation considerations, and coordination with co-trustees, family members, and professional advisors.
- Oversee the administration of the department, executing the department’s investment philosophy through thorough analysis and implementation.
- Coordinate and deliver a full range of services, functioning as a trusted advisor to clients while also developing a strategy for market share growth.
- Maintain, review, and enforce policies and procedures to ensure full compliance with all applicable regulatory bodies.
- Identify and refer opportunities to cross-sell the Bank’s products and services, partnering with internal teams as needed.
- Generate new business through client referrals, internal business partners, and collaboration with bank branches.
- Attend industry conferences, networking events, and community forums to build relationships and stay informed on industry trends and competitor offerings.
- Actively participate in community affairs and professional associations to enhance visibility and credibility.
- Provide leadership and coaching to employees, including performance management and disciplinary actions as needed.
- Conduct annual performance evaluations for team members and support overall department performance and compliance expectations.
- Carry out additional duties as assigned due to officer-level responsibilities.
Minimum Requirements: - Bachelor’s degree required with a minimum of 10 years of demonstrated success in fiduciary client service and/or sales.
- Alternatively, a graduate degree (e.g., JD or MBA) or relevant professional certifications (e.g., CTFA, CFP, CPA) is preferred, along with at least 8 years of fiduciary client service/sales success.
- Advanced knowledge and proven expertise in trust administration, estate planning strategies, and income, gift, and estate tax matters.
- Strong professional presence and active engagement in community and/or industry organizations.
- Must adhere to all company policies and comply with applicable state and federal laws, regulations, and guidelines.
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