Our client, is a Pennsylvania State Chartered, FDIC insured community bank that was originally organized in 1905 and is headquartered in northeastern Pennsylvania. The bank has enjoyed strong growth and financial performance since its founding, expanding to its present asset size of over $1.9 billion, with 26 community banking offices. Their Wealth Management Group operates as a division of the bank and currently has over $740 million in assets under management within its Trust, Investment Management, Brokerage Advisory and Insurance/Retirement Plan services business units.

Position Summary

This is an outstanding opportunity for a driven and motivated trust management professional to lead and grow his/her team. The successful candidate will be impactful on the profitability and service standards of the Wealth Management Group, and will serve as a key contributor to the growth of the Bank and the Company.

Job Description

  • Lead a department of Trust Associates and will be charged with expanding AUM, revenue and product expansion within the Wealth Management umbrella
  • Emphasizes an inclusive approach to exceed clients planning and financial needs utilizing the value of all divisions within the group
  • Responsible for reviewing securities held by all appropriate Trust accounts and making investment recommendations
  • Implements strategies to achieve goals developed for the department as part of the bank’s annual operating plan
  • Assists in the development of the annual budget for the department and adheres to budget parameters
  • Ensures the department's compliance with operating policies and procedures and outside regulatory requirements
  • Communicates with appropriate management and staff personnel
  • Provides periodic reports on performance and operations of department

 Candidate Requirements

  • 15 years of demonstrated Trust and Investment Management experience
  • Proven management of investment team experience
  • Portfolio management experience with an emphasis on $2 to $10 million portfolios
  • Collaborative spirit with clear understanding that the good of the whole supersedes individual expectations
  • Expected to optimize client experience by establishing/improving service standards
  • Strong administrative skills to oversee all operations of his/her department
  • Strong understanding of the financial environment of trust management
  • Well-organized with an ability to successfully lead, direct, develop and engage employees
  • Must possess strong verbal and written communication skills and the ability to relate with a wide variety of stakeholders
  • Must possess an excellent ability to analyze and define problems, collect data, establish facts, draw valid conclusions and provide leadership direction for solutions
  • Must possess the highest level of personal and business integrity, and promote that trait throughout his/her team
  • Strong executive presence as it relates to interaction with all stakeholders
  • Strong customer orientation with a focus on relationship management, extraordinary customer care and new business development
  • Goal-oriented and highly productive, must be accustomed to working one-on-one with direct reports
  • Successful candidate will be expected to reside within proximity of the corporate office and be actively involved within the Company’s marketplace

Recruiter contact information:

Nick DeMedio