Vice President of Wealth Management

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Position Summary

The Vice President of Wealth Management provides strategic leadership for the credit union's financial planning, protection, and retirement programs. This role is responsible for developing and executing the program strategy and ensuring high-quality advisory services that meet members' financial needs. VP oversees financial advisors to drive growth and productivity initiatives, while promoting collaboration and a strong member-focused culture. They also monitor key performance metrics and ensure program profitability.

Principle Duties and Responsibilities

• Willingness and ability to exhibit Wellby Core Values every day.
• Works purposefully and is driven to provide the best team member experience.

Strategic Leadership Planning

• Provide strategic leadership for the wealth management program, ensuring alignment with the credit union's mission, purpose, and member needs.
• Develop and refine the strategic vision and roadmap for the wealth management program, translating strategy into actionable business cases and initiatives.
• Establishes sales goals and strategies and assesses performance against set goals. Develop systems and tools to monitor actual results against goals.
• Lead the financial strategy, collaborating with the marketing team and serving as the SME on go-to strategies and acquisition campaigns, to maximize growth opportunities and ROI.
• Strategically engage with Channel Leadership to develop and execute delivery (branch, ebranch, contact center) partnerships and cross-channel (Business Development & Human Resources) team activities.
• Serve as the primary partner with LPL brokerage ensuring SLA's and deliverables are met and that business plans are executed.
• Partner with technology and business teams to ensure platforms, systems, and tools are optimized for current needs and future enhancements.
• Serve as mentor and co-lead member engagements that are highly complex, or unique challenges requiring in-depth evaluation across multiple areas, delivering long-term solutions.

Coaching and People Leadership

• Recruit, develop, and mentor Financial Advisors to expand program capacity, elevate advisor performance, and ensure succession planning.
• Coach Financial Advisors on the sales engagement process, including pre-appointments, during and post-appointments. Ensuring both technical and soft skills are supported and impacted.
• Build a team of Financial Advisors that specialize in creating comprehensive wealth management plans for high-net-worth individuals and families.
• Influence advisor behavior and business outcomes.

Compliance & Risk Management

• Oversee and enforce compliance with regulatory and suitability standards, ensuring all advice and recommendations meet established requirements.
• Collaborate with cross-functional partners, including Strategy and Technology offices, to support program initiatives and ensure seamless service delivery.
• Foster a culture of member-centric service, ensuring personalized financial solutions.
• Performs other related duties as assigned.

Knowledge, Skills, and Abilities (KSA)

• Knowledge of Wellby's organizational functions and general operating policies and procedures.
• Knowledge of secretarial practices and procedures, business English, spelling, and punctuation.
• Knowledge of personal computers, utilizing Microsoft Office Suite and other software's.
• Knowledge of financial markets and investment strategies.
• Knowledge of financial planning software and CRM systems
• Knowledge of regulatory requirements (FINRA, SEC, CFP Board, etc.) and compliance standards
• Knowledge of a wide array of brokerage/banking products and services
• Knowledge of strategic planning, business development, and performance management practices.
• Knowledge of equities, fixed income, mutual funds, ETFs, alternatives, private markets, and structured products.
• Skilled in operating computer equipment and general office machines such as personal computers, copiers, projection equipment, audio/video, Microsoft Teams, Zoom Video Communications, and adding machines.
• Skilled in…