What are the responsibilities and job description for the Wealth Management-Relationship Manager position at Lake Ridge Bank?
Overview
Join our Lake Ridge Bank team as a Relationship Manager, where you'll build and nurture lasting relationships with Wealth Management clients while driving business growth in the Greater Madison area. You'll manage client portfolios, collaborate with key industry influencers, and represent our organization within the community. If you're an experienced professional with strong relationship skills and a passion for business development, apply today to make a meaningful impact!
Responsibilities
- Manage, expand, and enhance relationships with existing Wealth Management clients to ensure that we recognize and are responsive to their current and evolving needs and expectations. This will involve managing a portfolio of clients.
- Engage in traditional business development activities.
- Develop new and deepen existing relationships with external centers of influence, including but not limited to trust and estate attorneys, other attorneys, external money managers, and CPAs.
- Develop and nurture relationships with internal centers of influence, including Commercial/Business lenders, Executive Banking, Treasury Management, Mortgage, and Retail in pursuit of Full Banking Relationships.
- Represent the Organization by being active in the community. Participate in service organizations, com-munity activities, outings, and networking functions to promote a positive organization image and to generate leads for new business efforts.
- Participate in Trust Investment Committee meetings as needed.
- Perform all other duties as assigned
Upholds OFFICER Leadership Expectations:
- Supports and actively participates in the bank’s leadership philosophy
- Actively coaches and mentors other associates
- Continually develops knowledge, skills and abilities through internal and external training programs
- Actively participates in Bank and Department meetings
- Perform all other duties as assigned or requested
- Provide ongoing guidance to other departments
Other Responsibilities:
- Complete all annual bank security and compliance training.
- Adhere to Bank Security guidelines as required for this position.
- Always maintain confidentiality of client information
- Stay current on all compliance regulations.
Qualifications
- Bachelor’s Degree and a minimum of 5 years of similar work experience
- Highly developed relationship management skills
- Possess reasonable working knowledge of wealth management industry, including issues and regulations
- Understand the liabilities associated with the bank acting as a fiduciary for individuals and entities
- Has previous successful business development experience
- Exceptional verbal, written and interpersonal communication skills
- Excellent organizational and time management skills with the ability to provide leadership and training
- Knowledge of Microsoft Office Suite: Word; Excel; PowerPoint; and Database software
- Ability to read, write, understand and speak English clearly
- Ability to contribute to a positive, professional work environment
- Ability to represent the organization in a professional, positive manner
Preferred Qualifications:
- Graduate degree in Finance, Accounting, Marketing or Business or Juris Doctorate
- Well-networked in our primary geographic markets
- CTFA, CFP, CPA, or JD
- Established knowledge expert in investments and/or related areas of planning (i.e. written/spoken on topics, provided training or legal assistance in this area)
- Previous work experience in wealth management
This is a full time role between the hours of 8:00 AM to 5:00 PM Monday through Friday. Flexibility in scheduling may be needed on occasion.
Lake Ridge Bank values a diverse workforce and is an Affirmative Action/Equal Opportunity Employer. Minorities, Females, Veterans, and Individuals with Disabilities encouraged to apply.
Consistent with Lake Ridge Bank's commitment to employ and advance qualified individuals with disabilities, Lake Ridge Bank provides reasonable accommodation to apply for or perform a job. Some examples of reasonable accommodation include alternate methods to apply, providing documents in an alternate format, altering work procedures, specialized equipment or use of an interpreter. If an individual needs reasonable accommodations to apply or perform a job here at Lake Ridge Bank, please contact Human Resources at (608) 849-2700 or email us.
