Join the team at First National Bank Alaska, the *Best Place to Work in Alaska* as recognized three years in a row by Alaska Business magazine readers!
GENERAL PURPOSE SUMMARY Manages and directs all trust and investment management activities, including the development of new trust and investment management business, and coordinates implementation of department policies to promote the growth and profitability of the Trust & Investment Services Department by performing the following essential duties and responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Leads and manages relationship development and sales efforts of the Trust & Investment Services Department, sets department and trust officer business development goals to meet corporate objectives; provides coaching, mentoring, training and monitoring to ensure trust & investment officers effectively execute business development program activities; helps establish and execute team calling strategies to support achievement of department business development goals.
Develops and recommends Trust & Investment Services policies; formulates, updates and implements programs, procedures, and practices of the Trust & Investment Services Department in alignment with bank objectives; reviews and recommends new trust and investment services and products or the sunsetting of existing products/services in the current suite as appropriate based on profitability goals and business environment. Ensures all major efforts under his/her responsibility are successfully executed efficiently and cost-effectively, achieving the highest quality outcome(s) for the Bank; mitigating risk(s) and minimizing negative impact(s).
Partners with other bank specialists to provide interdisciplinary expertise to clients when needed. Connects clients across all lines of business at the bank.
Represents the bank in business activities and contacts with customers, attorneys, and beneficiaries relating to management of trust and investment management accounts; prepares technical proposals for presentation to existing customers and prospects, including individuals and institutions.
Acquires, expands and retains customer relationships by identifying opportunities, strategizing proactive business development activities, cultivating referral networks, and focusing on viable target markets. Proactively builds and develops quality relationships with peers, subordinates, superiors, vendors, regulators, key contacts – including customers, prospective customers and centers of influence, and other associates and leaders within the community and the state.
Administers accounts of special significance or with unusual problems; oversees administration of other Trust accounts.
Reviews and recommends acceptance or rejection of potential fiduciary responsibilities of the Trust Department based on regulatory requirements.
Oversees and is responsible for the preparation of reports of department activity and progress for the Trust Committee and Board of Directors.
Keeps informed about the Trust industry, state statute changes, standards, best practices, trends and regulatory changes to ensure compliance with all applicable trust laws, rules, regulations, and practices
Oversees and is responsible for the compilation of all information required for trust account and investment management, and individual account tax returns.
Performs other work-related duties as assigned.
BUSINESS CONTINUITY RESPONSIBILITIES: Maintains and implements operational components of the business units' Business Continuity Plan: conducts periodic tests, cross trains and evaluates delegates' ability to perform critical and essential functions to restore operations. Sets long-term objectives for area of work and articulates a vision for the future activities of his/her department and/or area of work. Prioritizes and pursues identification and execution of projects and activities with strategic benefits designed to align with overall Bank strategies.
SUPERVISORY RESPONSIBILITIES: Responsible for the overall direction, coordination, and administration of the Trust & Investment Services Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems. Understands and champions the bank’s vision, strategies and initiatives to employees, encouraging and ensuring productivity and achievement. Offers effective support to subordinates, peers and superiors in their bank-related endeavors.
Minimum: Bachelor’s degree in business or related field; ten years trust, investment or wealth management experience in progressively responsible positions; four years management experience. Energetic business builder who thrives and excels in a competitive industry. Preferred: MBA, JD, CFA or CFP; experience with and in-depth knowledge of the equity and fixed income markets; fifteen years trust, investment or wealth management experience in progressively responsible positions; six years’ management experience. Proven sales success and strong business acumen. Dynamic and credible professional who communicates with clarity and has exceptional presentations skills.
Additional Salary Information: First National Bank offers competitive compensations, 401(k) employer match (100% of the first 6% of contribution), generous paid time off, and comprehensive benefits.
Internal Number: TRU-130E
About First National Bank Alaska
Voted "Best Place to Work in Alaska" Three Years Running
Join the team at First National Bank Alaska, the *Best Place to Work in Alaska* as recognized three years in a row by Alaska Business magazine readers.
“First National is again honored and humbled by this show of support from our fellow Alaskans," said Chair and CEO Betsy Lawer. "And it's all about our employees. Each year we strive to be a little bit better, to improve the ways we can help Alaskans, their businesses, and our communities succeed."
Most Admired Company in Alaska
MSN recently published an article which highlights the most admired company in each state, based on interviews, local and major publications, and other statistics. First National was proud to represent Alaska alongside so many other amazing companies!
First National Bank Alaska is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status or association with any other group or class protected by law.