SVP, Sr. Wealth & Trust Management Officer

About the role

This is the foundation on which Bluestone Bank is built. We've helped Southern New England prosper for over 150 years by providing responsible, relevant, and secure financial solutions.

Responsibilities

• Reports directly to the President and CEO and reports progress of business initiatives at Board and other meetings.
• Establishes and achieves plan to grow recurring fee base and other revenue sources within the Wealth and Trust department.
• Manages fixed and discretionary expenses to maximize department profits.
• Prepares and oversees regularly scheduled Board and Management Committee meetings.
• Oversees activities of the Wealth and Trust department, including development, maintenance and enforcement of administrative and investment policies and procedures.
• Ensures adherence to all applicable internal and external quality assurance and compliance regulations.
• Makes sure department activities are prioritized, monitored, and evaluated, intervenes as necessary to resolve problems and expedite operations.
• Encourages personal and professional growth for all direct reports, incorporates ongoing responsibilities as well as special projects and assignments.
• Develops and maintains relationships with Bank peers, staff, Board members and corporators in order to enhance organizational support and knowledge of Wealth and Trust services.
• Develops and recommends annual budget, operational, and strategic plans for the department.
• Partners effectively with shared services resources to ensure mutually effective operational support to the department.

Requirements

• Bachelor’s degree in Business Administration or related discipline, with a CFP, CTFA, and/or CPA designation.
• Minimum 15 years of progressively responsible experience in trust management, estate settlement, and wealth and investment management.
• A history of success in a community banking environment preferred.
• Minimum 5 years of department leadership experience.
• Proven business development skills with demonstrated ability to grow business lines and referral sources.
• Strong customer service and excellent written and verbal communications skills.
• Ability to work effectively with customers under circumstances requiring tact and diplomacy.
• Excellent MS Office skills and experience working with various online systems and outsourced partners.