Vice President - Retirement Plan Services

Are you passionate about helping clients build their financial future? Do you have the strategic mindset to grow a retirement planning division while leading a high-performing team?

At Security National Bank, if there is one belief we hold together as a team, it’s that everything matters.  From the words we say, to the way we dress, to the decisions we make and the actions we take – every single thing we do matters.  Why?  Because we recognize the inherent value of each individual, and the potential of what each person can become.  We realize every one of life’s interactions is an opportunity to help someone reach that potential.  This is why we treat even the smallest details of life and banking with careful thought and attention.  If you aspire to do the same, we’d like you to advance your career with us at SNB.

In this role, you will lead and grow our retirement services division, driving strategic vision, client satisfaction, and business development. You will oversee client account management, ensuring exceptional service, expert guidance on plan design, administration, and investment performance. By fostering strong client relationships and providing consultative expertise, you will contribute to the long-term success of our clients and the Bank. You will be responsible for regulatory compliance, operational excellence, and strategic expansion, ensuring our retirement services remain innovative and competitive. You will lead business development initiatives, cultivate new professional relationships, and represent SNB in the community to promote our offerings.

We seek a confident, knowledgeable leader with a strong work ethic, keen attention to detail, and a passion for guiding clients through complex retirement planning decisions. You will mentor and develop a high-performing team while continuously refining our services to align with industry trends and client needs. This role is more than a leadership position; it’s an opportunity to redefine the future of our Retirement Plan Services division, monitoring evolving industry and market trends, and make a lasting impact on the clients and communities we serve.

KEY RESPONSIBILITIES:

• Provide high-level strategic direction and consultation on the design, administration, and optimization of employee retirement plans.
• Build and maintain strong client relationships, ensuring exceptional service and long-term retention.
• Oversee routine account administration, including allocations, contributions, distributions, compliance testing, and government reporting.
• Stay informed on new laws, policies, and regulations related to employee benefit plans, ensuring compliance and keeping clients updated.
• Lead business development efforts by cultivating professional contacts, participating in marketing initiatives, and making new business calls.
• Collaborate with the Compliance Manager to implement regulatory changes and ensure adherence to industry standards.
• Manage and oversee daily recordkeeping and processing, including Schwab platform transactions and daily balancing.
• Supervise and develop the Retirement Plan Services team, including training, mentoring, performance reviews, and staffing decisions.
• Work closely with internal departments, including Tax and Investment teams, to review reports and monitor account assets.

QUALIFICATIONS AND COMPETENCIES:

• Skills and Abilities

• Strong leadership and team development skills.
• Excellent problem-solving and decision-making abilities.
• Self-motivated, independent thinker with a detail-oriented mindset.
• Strong analytical skills to identify opportunities and address challenges proactively.
• Clear and concise communication skills, both written and verbal.
• Ability to foster collaboration and teamwork within the department and across the organization.
• Strong customer service orientation and relationship management skills.
• Ability to manage multiple priorities and meet deadlines effectively.

• Knowledge & Expertise
  • Bachelor’s degree in finance, business administration, or a related field (or equivalent experience).
  • Minimum of 7-10 years of experience in retirement plan administration, employee benefits, or a related field.
  • QKA (Qualified 401(k) Administrator) designation required.
  • In-depth knowledge of retirement plan regulations, ERISA, and fiduciary responsibilities.
  • Familiarity with investment principles and strategies related to retirement planning.
  • Experience with compliance testing, recordkeeping, and reporting requirements.
  • Proficiency with financial software and retirement plan administration platforms.
  • Strong understanding of industry trends and regulatory changes affecting retirement plans.

WHY SECURITY NATIONAL BANK?
At SNB, we stand for excellent service and are committed to doing what’s right. Our team is deeply connected to the communities we serve, giving back and embodying our mission to make a positive difference.

If you are ready to take the next step in your career with an organization that values integrity, relationships, and growth, we encourage you to join us in creating a lasting impact.

HOURS:

Some extended business hours.

BENEFITS:

We offer a comprehensive benefit package to our employees including medical, dental, short and long term disability, life insurance, paid time off, a wellness program, and a 401(k) savings plan at hire for future financial protection.

ABOUT SECURITY NATIONAL BANK:

Security National Bank was chartered in 1884 in Sioux City, Iowa; founded on the time-tested principles of integrity, honor, open-mindedness, efficiency, good humor, respect, duty, and human connection.  These principles served as guideposts that enabled SNB to withstand the economic panic of the late 1800s, the Great Depression, two World Wars, and the farm crisis — and emerge as the region’s most established and trustworthy locally owned bank.  We believe what was worth doing well yesterday is still worth doing well today. People change and banking changes, but our time-tested principles remain.  To this day, we believe that doing what’s right is the only way to take care of customers, empower businesses, cultivate growth, inspire our community, and accomplish the remarkable.

Security National Bank is an Equal Opportunity, Affirmative Action Employer.  Applicants are considered for all positions without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, marital status, or veteran status.

LEARN MORE:

https://www.snbonline.com/mattertoday

LOCATION:

Sioux City, IA