Trust Officer

The primary purposes of the Trust Officer role is to 1) care for the needs of existing Wealth Management clients and 2) profitably expand our customer base in the Greater Madison market.  Related responsibilities include, but are not limited to, managing accounts in accordance with applicable legal requirements, enhancing our relationships with Greater Madison Area Centers of Influence, and supporting the Bank’s efforts to achieve Full Banking Relationships. Officer titling is based on experience (Officer, Assistant Vice President, Vice President, etc).

• Manage and enhance relationships with existing Wealth Management clients to ensure that we recognize and are responsive to their current and evolving needs and expectations. This will involve managing a varied portfolio of clients, focusing primarily on trust accounts, but also including investment management accounts, IRAs, 401(k)s, cash management accounts as appropriate.  
• Develop new and deepen existing relationships with external centers of influence, including but not limited to trust and estate attorneys, other attorneys, external money managers, and CPAs.
• Develop and nurture relationships with internal centers of influence, including Commercial/Business lenders, Executive Banking, Treasury Management, Mortgage, and Retail in pursuit of Full Banking Relationships.
• Represent the Organization by being active in the community. Participate in service organizations, community activities, outings, and networking functions to promote a positive organization image.
• Participate in Trust Investment Committee meetings as needed.
• Perform all other duties as assigned or requested.

Upholds OFFICER Leadership Expectations

• Supports and actively participates in the bank’s leadership philosophy
• Actively coaches and mentors other associates
• Continually develops knowledge, skills and abilities through internal and external training programs
• Actively participates in Bank and Department meetings
• Provide ongoing guidance to other departments

Adhere to all Bank Security/Compliance Regulations:

• Complete all annual bank security and compliance training.
• Adhere to Bank Security guidelines as required for this position.
• Always maintain confidentiality of customer information.
• Stay current on all compliance regulations.

ACCOUNTABILITY:

This individual will be accountable for appropriately maintaining high service delivery standards for assigned client relationships and contributing to the growth, profitability, and regulatory compliance of the Wealth Management Division.

• Bachelor’s degree in Business, Finance, Accounting or similar field or equivalent work experience, and a minimum of 3-5 years of previous experience in wealth management, financial planning, trusts, estates, banking or similar position.
• Highly developed relationship management skills.
• Strong working knowledge of wealth management industry, including issues and regulations.
• Strong understanding of the liabilities associated with the bank acting as a fiduciary for individuals and entities.
• Demonstrated business development experience.
• Exceptional verbal, written and interpersonal communication skills.
• Excellent organizational and time management skills.
• Strong ability to problem solve and to work through complex issues in both traditional and non-traditional ways.
• Must possess a growth mindset.
• Knowledge of Microsoft Office Suite: Word; Excel; PowerPoint; and Database software
• Ability to read, write, understand and speak English clearly.
• Ability to contribute to a positive, professional work environment.
• Ability to represent the organization in a professional, positive manner.

Preferred Qualifications:

• Graduate degree in Finance, Accounting, Marketing or Business or Juris Doctorate
• Well-networked in our primary geographic markets
• CTFA, CFP, CPA, or JD
• Established knowledge expert in the field of trust and estate administration and/or investments and/or related areas of planning (i.e. written/spoken on topics, provided training or legal assistance in this area)
• 5 or more years previous work experience in trust & estate administration/wealth management

Lake Ridge Bank values a diverse workforce and is an Affirmative Action/Equal Opportunity Employer. Minorities, Females, Veterans, and Individuals with Disabilities encouraged to apply.

Consistent with Lake Ridge Bank's commitment to employ and advance qualified individuals with disabilities, Lake Ridge Bank provides reasonable accommodation to apply for or perform a job. Some examples of reasonable accommodation include alternate methods to apply, providing documents in an alternate format, altering work procedures, specialized equipment or use of an interpreter. If an individual needs reasonable accommodations to apply or perform a job here at Lake Ridge Bank, please contact Human Resources at (608) 849-2700 or email us.