EVP Director of Trust and Wealth
We are currently seeking an accomplished and strategic-minded Director of Trust and Wealth to lead a Trust and Wealth management division in Palatine, IL. You will be responsible for overseeing all aspects of trust administration, estate planning, and fiduciary services for our high-profile clients. This executive-level position requires extensive experience in the financial industry, exceptional leadership skills, and a proven track record of delivering exceptional results.
DUTIES & RESPONSIBILTIES:
- Provide strategic direction and leadership to the trust and wealth management division
- Develop and implement business strategies to drive growth and maximize profitability
- Manage a portfolio of high-net-worth clients, ensuring exceptional service and personalized attention
- Foster and maintain strong relationships with key clients, attorneys, and financial advisors
- Oversight of administration and servicing of assigned fiduciary accounts, investment management accounts, charitable accounts, IRAs, profit sharing/401k plans, estates, guardianships, etc. Strong interpersonal skills are required.
- Ensure compliance with all legal and regulatory requirements governing trust and fiduciary services
- Stay abreast of industry trends, regulatory changes, and tax laws impacting trust administration and estate planning
- Collaborate with internal stakeholders to develop innovative solutions and enhance service offerings
- Serve as part of the executive team, including attending weekly meetings to present business decisions to the board
- Act as a trusted advisor to clients, providing expert guidance on wealth management, succession planning, and philanthropic initiatives
- Drive new business development efforts through networking, referrals, and participation in industry events
QUALIFICATIONS:
- Bachelor's degree in finance, business administration, or related field; advanced degree or professional certifications (e.g., JD, MBA, CFA, CTFA) preferred
- Extensive experience in trust administration, estate planning, or wealth management, with a focus on serving high-net-worth clients
- Proven track record of leadership and success in an executive-level position within the financial industry
- In-depth knowledge of fiduciary duties, tax laws, investment strategies, and complex wealth structures
- Excellent communication and negotiation skills, with the ability to build and maintain strong relationships
- Strategic thinker with exceptional business acumen and the ability to drive results
- Strong analytical skills, with the ability to analyze complex financial situations and propose tailored solutions
- Ability to lead and inspire a team, fostering a culture of excellence and collaboration
- Demonstrated ability to navigate regulatory and compliance landscapes effectively
- High level of integrity, discretion, and professionalism
If you are an accomplished and visionary leader with a passion for delivering exceptional client experiences and driving business growth, we invite you to submit your resume and cover letter for consideration for this executive-level position.