What are the responsibilities and job description for the SVP, Managing Director of Wealth Management position at Alerus?
WHO ARE WE : Alerus is a commercial wealth bank and national retirement provider with one core purpose : helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.
CORE VALUES : Passion for Excellence : : Success is Never Final : : Do the Right Thing : : One Alerus
ABOUT THE ROLE :
The Managing Director will lead and grow the company's wealth management division. This position will shape the future of wealth management, combining strategic vision with operational excellence to build an industry leading department.
WHAT YOU'LL BE DOING :
- Provide vision and executive leadership for Wealth Management Division.
- Work closely with Alerus Investment and Fiduciary Services and Alerus Securities Unit Leaders ensuring annual revenue and net income growth objectives are achieved in each area.
- Develop and execute the strategic vision for the division.
- Set and achieve annual new business goals and client retention objectives.
- Identify and assess opportunities for growth, including new markets, products and service offerings.
- Maintain awareness of the importance of ERM, Audit, Compliance and SOX Controls.
- Lead preparation and response to regulatory information requests, examinations and audits.
- Assure a high-level wealth management client experience.
- Build effective cross collaboration between business units.
- Provide updates on Wealth Management Division to other division leaders.
- Collaborate with other divisions to maximize Wealth Management growth opportunities.
- Build, lead, and inspire a high-performing team of wealth management advisors.
WHAT YOU SHOULD HAVE :
WHAT WE BRING TO THE TABLE :
WORK ENVIRONMENT : Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.
The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.
Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
