Wealth Management Business Development Officer
About The Position
Herring Bank is seeking an entrepreneurial, revenue-driven Business Development Officer (BDO) to help expand our Wealth Management and Trust Services platform. This is a production-focused role designed for a high-performing professional who thrives in a growth environment. The BDO will drive new fee revenue across investment management, trust services, liquidity solutions, retirement plans, and related bank products through both self-sourced relationships and internal partnerships. This is an opportunity to build something meaningful within a growing community bank while playing a direct role in shaping the future of our wealth platform.
Requirements
- 5+ years of experience in wealth management, trust services, investment advisory, or institutional sales.
- Demonstrated success sourcing and closing new revenue-producing relationships.
- Strong professional network and market presence.
- Securities licensing required or ability to obtain.
Nice To Haves
- Experience working across multiple financial product lines is preferred.
- CFP®, CTFA, or similar credentials preferred.
- Entrepreneurial mindset with a strong drive for performance and measurable results.
Responsibilities
- Develop and execute a strategic sales plan focused on revenue growth.
- Generate new client relationships across investment management, trust, and institutional solutions.
- Identify and pursue opportunities with high-net-worth individuals, business owners, institutions, and specialty pools.
- Build and maintain relationships with centers of influence (CPAs, attorneys, consultants).
- Partner with commercial and retail banking teams to strengthen referral pipelines.
- Collaborate with Trust, Investment, Capital Markets, and Operations teams to structure client solutions.
- Contribute to the expansion of liquidity, retirement, and enhanced cash product offerings.
- Manage and grow an existing or transferable portfolio, where applicable.
- Support the continued growth and scalability of the Bank’s wealth platform.
Benefits
- 401(k)
- 401(k) matching
- Bonus based on performance
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
Number of Employees
11-50 employees
