SVP, Trust Officer

First Western•Cherry Hills Village, CO

3d•$125,000 - $175,000•Onsite

About The Position

The SVP, Trust Officer is responsible for the administration and expansion of large and complex trust relationships to achieve revenue goals, by developing and maintaining strong relationships with clients and Profit Center associates. Responsible for the sales and service efforts of First Western Trust’s profit centers by identifying key potential revenue generators such as loans, deposits, and investment asset opportunities. Ensure that Federal law, State law, all FWTB policies and procedures and all compliance-related matters are addressed and adhered to by Profit Center associates.

Requirements

Juris Doctor (JD) or CTFA with significant relevant work experience (required).
7–10 years of trust administration and/or experience as an attorney specializing in trust & estate planning.
5-7 years of business development and leadership.
Experience working with high-net-worth and complex fiduciary accounts.
Strong knowledge of trust law, tax, and regulatory requirements.
Proven relationship management and business development skills.
Excellent communication and advisory capabilities.
Ability to manage complex client needs with sound judgment.

Responsibilities

Maintain relationships for trust accounts to develop and retain satisfied and loyal clients through adherence to client segment service standards, maintenance of the relationship, and identifying other potential bank products to help solve client needs.
Initiate and attend meetings with beneficiaries and portfolio managers to recommend potential additions or changes to wealth planning objectives. Analyze complex estate planning needs, and identify and present solutions to meet client goals.
Approve and direct disbursement of fiduciary funds, oversee the preparation of federal and state tax returns for trusts by bank’s accounting firm, and ensure that all state and federal rules and regulations are complied with.
Administer complex trust relationships and planning activities to support the growth and development of the Profit Center's trust portfolio. Partner with the Director of Wealth Planning to create and deliver fiduciary-oriented wealth plans. Collaborate with other teams to advise prospective, new, and existing clients with a holistic approach that encompasses all products and services of the bank and drives referrals to other business lines.
Identify and introduce new opportunities to the office via individual networking and consultative selling, as a portion of the overall annual office non-interest income fee growth goal will be assigned to the associate.
Consult with clients’ attorneys, accountants, and financial planners to promote fiduciary services.
Quarterback and provide sales support for new trust opportunities as appropriate. Coordinate preparation of RFP’s, fiduciary sales presentations and compiling other materials as necessary. Ensure appropriate follow-up through client acceptance and new account opening, including onboarding.
Supervise, train and mentor more junior Trust Officers and Trust Associates, and assist with new associate training and onboarding.
Maintain a presence within our markets and communities through philanthropic and business boards involvement, as well as networking with like-minded professionals within the industry.

Benefits

Competitive base salary: $125,000 – $175,000/YR, plus strong bonus potential.
401(k) plan with employer match.
Paid parking and transportation benefits.
Comprehensive health and wellness benefits, including: Health savings accounts (HSA), Flexible spending accounts (FSA), Medical, dental, and vision coverage
Generous paid time off and bank holidays.
Access to training and professional development programs.
Sponsorship and support for obtaining professional certifications.
A culture of collaboration, continuous improvement, and shared success.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume