About the position
This position is responsible for leading and growing Blue Ridge Bankshares, Inc.’s trust services, referred to as BRB Trust. The position assists clients with a personalized plan to protect and grow assets, create income, preserve wealth, and efficiently administer and/or transfer assets to future generations. The BRB Financial Group, Inc.’s Trust and Wealth Management teams provide fiduciary services including investment management, financial planning, trust administration, and estate settlement.
Responsibilities
- Serves as head of BRB Trust with full P&L responsibility for this department within BRB Financial Group, Inc.
- Directs all trust sales and marketing initiatives, sets/monitors production goals for all trust officers, ensures compliance functions are appropriately executed and in accordance with policies and procedures.
- Has full authority for hiring and firing Trust staff members, including Trust Officers.
- Oversees the preparation of all monthly and quarterly Trust management reports, including submission of quarterly bonus payments. Presents reports to the company’s board of directors.
- Serves as chief liaison between BRB Trust and its primary vendors.
- Works closely with BRB Trust Operations Manager to achieve firm goals and objectives and enforce Trust policies and procedures.
- Ensures fiduciary oversight of discretionary asset management is held to the highest standards.
- Responsible for the enforcement of all company policies and procedures and in compliance with regulatory requirements.
- Responsible for timely response to internal and external audits and examinations.
- Performs other duties as assigned.
- Creates value for the company and its employees.
- Lives the company's core values.
Requirements
- Bachelor’s degree in finance, Accounting, or Business-related program.
- Law degree or master's preferred.
- CPA, CTFA, CFP, CFA, CES, or equivalent preferred.
- 10+ years of relevant trust experience.
- Trust investment knowledge and/or experience with brokerage and/or delivery of trust services through alternative channels.
- Business growth experience.
- Communication skills must be top tier.
- Strong computer skills relevant to Microsoft Office Suites (e.g., Word, Excel, Outlook).
- Knowledge of banking principles and regulations.
- Strong decision-making/problem resolution skills.
- Knowledge of Personal Trust Law and Administration.
- Knowledge of trust accounting system, workflows, and best practices.
- Demonstrate strong analytical and math skills, organizational skills, and customer service skills.
- Effective verbal and written skills to effectively communicate in the English language required.
- Experience within Banking or similar field.
