Business Development Officer - Wealth Management

Washington Trust is the oldest community bank in the nation and one of the premier financial institutions in New England. We are seeking an experienced, entrepreneurial minded, and self-motivated individual for a Business Development Officer role with our Wealth Management group. This is a dynamic and exciting opportunity assisted by a talented team of fiduciary, investment, and sales/marketing support professionals. 

This is an exciting opportunity for a Wealth Management professional with a strong knowledge of investment management, financial planning and trust services. We are seeking an experienced business development officer who has a proven history in managing and growing a highly effective referral system and in initiating contacts for developing and closing new business. The ability to work independently, along with access to a regional/local professional network that will help expand our system of outside professional advisors (i.e. attorneys, accountants, and other centers of influence) who are key referral sources. 

The Business Development Officer may meet with prospects to explain the company's wealth management services, discuss the advantages of proper planning, and obtaining background data to determine the appropriate services. The position will need to cultivate and maintain relationships with various centers of influence including life underwriters, attorneys, and accountants and will participate in community activities to enhance the position of the company, increase visibility and develop new referral sources. S/he may also conduct or coordinate seminars on a variety of wealth management topics.

We require a Bachelor’s degree in finance, accounting or other related field or equivalent work experience in Wealth Management and Sales. The successful candidate will have a strong working knowledge of the following financial products: annuities, estate planning, insurance, mutual funds, retirement plans, stocks, and trust funds. They will be able to identify and develop new business relationships and must demonstrate strong business development and excellent sales abilities.

The capacity to build partnerships and work with others as a part of the sales team is essential. Good professional, interpersonal, written and verbal communication are needed. We require at least 10 years of recent business development experience within the financial services industry. A professional qualification, such as: CFP or JD is beneficial but not required.

This position is hybrid and may have an office location in Providence or Westerly, RI.

Our employees enjoy a comprehensive benefits package, which includes health and welfare benefits, paid time-off, work-life program, and a 401(k) plan. We believe employees who are valued, recognized, rewarded and empowered, will achieve personal and professional growth. Apply today and find out why we have been voted one of the Best Places to Work in Rhode Island since 2011! 

The Washington Trust Company, and each of its subsidiaries and affiliates are committed to cultivating and promoting a diverse and inclusive workforce. We seek to provide an environment of equal employment opportunity and advancement to all employees and applicants. It is our policy to provide equal employment and advancement opportunities without regard to race, color, ethnicity, age, religion, gender, pregnancy/childbirth, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, or any other category protected by federal, state and/or local laws. Click Here to view the EEOC "Know Your Rights" notice and Click Here to view the "Pay Transparency Nondiscrimination Provision".