Vice President of Wealth Management

Wellby Financial

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Position Summary The Vice President of Wealth Management provides strategic leadership for the credit union’s financial planning, protection, and retirement programs. This role is responsible for developing and executing the program strategy and ensuring high-quality advisory services that meet members’ financial needs. VP oversees financial advisors to drive growth and productivity initiatives, while promoting collaboration and a strong member-focused culture. They also monitor key performance metrics and ensure program profitability.

Requirements

Willingness and ability to exhibit Wellby Core Values every day.
Works purposefully and is driven to provide the best team member experience.
Knowledge of Wellby’s organizational functions and general operating policies and procedures.
Knowledge of secretarial practices and procedures, business English, spelling, and punctuation.
Knowledge of personal computers, utilizing Microsoft Office Suite and other software’s.
Knowledge of financial markets and investment strategies.
Knowledge of financial planning software and CRM systems
Knowledge of regulatory requirements (FINRA, SEC, CFP Board, etc.) and compliance standards
Knowledge of a wide array of brokerage/banking products and services
Knowledge of strategic planning, business development, and performance management practices.
Knowledge of equities, fixed income, mutual funds, ETFs, alternatives, private markets, and structured products.
Skilled in operating computer equipment and general office machines such as personal computers, copiers, projection equipment, audio/video, Microsoft Teams, Zoom Video Communications, and adding machines.
Skilled in negotiation and persuasion skills when working with clients, beneficiaries, or partners.
Skilled in analytics to evaluate financial data and design complex financial plans
Skilled in fee-based Investment Advisory accounts including wrap accounts, SMA’s, professionally managed solutions, mutual funds, ETF’s, UIT’s and structured investment products preferred
Ability to communicate clearly and concisely, orally and in writing.
Ability to efficiently understand and follow oral and written instructions, perform routine duties without close supervision, and establish and maintain effective working relationships with other team members.
Ability to coordinate several concurrent activities simultaneously.
Ability to foster a culture of accountability, collaboration, and member-first service.
Ability to manage risk effectively while driving profitability and operational efficiency.
Ability to interpret complex financial data and make sound strategic decisions
Ability to lead, mentor, and develop a team of financial professionals
Ability to exercise independent judgment.
Bachelor’s degree in finance, business, management, or related field required.
Minimum ten (10) - twelve (12) years of experience in financial services, wealth management, or customer service experience required.
Minimum five (5) years of leadership in financial services, wealth management, or a similar area required.
An equivalent combination of education and experience may substitute for stated qualifications.
Demonstrated success in leading and scaling a wealth management or investment services program, preferably in a credit union or community banking environment
Licenses Required: Series 7, Series 63, Series 65/66, and a Texas state-issued life and health insurance license
Familiarity with the Office 365
Bondable For All Candidates

Nice To Haves

Series 24, Certified Financial Planner (CFP)

Responsibilities

Provide strategic leadership for the wealth management program, ensuring alignment with the credit union’s mission, purpose, and member needs.
Develop and refine the strategic vision and roadmap for the wealth management program, translating strategy into actionable business cases and initiatives.
Establishes sales goals and strategies and assesses performance against set goals.
Develop systems and tools to monitor actual results against goals.
Lead the financial strategy, collaborating with the marketing team and serving as the SME on go-to strategies and acquisition campaigns, to maximize growth opportunities and ROI.
Strategically engage with Channel Leadership to develop and execute delivery (branch, ebranch, contact center) partnerships and cross-channel (Business Development & Human Resources) team activities.
Serve as the primary partner with LPL brokerage ensuring SLA’s and deliverables are met and that business plans are executed.
Partner with technology and business teams to ensure platforms, systems, and tools are optimized for current needs and future enhancements.
Serve as mentor and co-lead member engagements that are highly complex, or unique challenges requiring in-depth evaluation across multiple areas, delivering long-term solutions.
Recruit, develop, and mentor Financial Advisors to expand program capacity, elevate advisor performance, and ensure succession planning.
Coach Financial Advisors on the sales engagement process, including pre-appointments, during and post-appointments. Ensuring both technical and soft skills are supported and impacted.
Build a team of Financial Advisors that specialize in creating comprehensive wealth management plans for high-net-worth individuals and families.
Influence advisor behavior and business outcomes.
Oversee and enforce compliance with regulatory and suitability standards, ensuring all advice and recommendations meet established requirements.
Collaborate with cross-functional partners, including Strategy and Technology offices, to support program initiatives and ensure seamless service delivery.
Foster a culture of member-centric service, ensuring personalized financial solutions.
Performs other related duties as assigned.