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Regional Trust Director
2 months ago
This senior leadership role is responsible for overseeing the establishment and management of a Delaware Trust Company, supporting Citizens Private Wealth (CPW) Division. The Regional Trust Director will lead a regional team in delivering personal fiduciary services, ensuring compliance with legal, regulatory, and governing documentation requirements.
Key Responsibilities:
- Lead the development and implementation of business strategy, planning, and growth for the Trust Department's fiduciary activities.
- Partner with CPW and the broader Wealth organization to build and support private client wealth relationships, including personal fiduciary business.
- Interpret and apply fiduciary industry trends, serving as an ambassador for the Bank in the fiduciary wealth management industry and the marketplace.
- Responsible for setting and maintaining the governance structure of the Trust Department's fiduciary activities, including preparation, modification, and interpretation of fiduciary policies and procedures.
- Serve as the Chair of the Trust Administration Committee and participate in other fiduciary committees, forums, and working groups.
- Lead the personal trust and estate business for CPW, including business strategy and planning, new business development and growth, product and service management, excellence in client service, marketing, staffing, and organizational structure, and budget.
- Serve as the primary business owner for the Office of the Comptroller of the Currency (OCC) annual fiduciary exam, including the Asset Management exam, and the fiduciary components of other CBNA regulatory exams.
- Collaborate with Risk Management in identifying and managing risk in CPW's fiduciary activities, and lead the preparation and delivery of reports and analyses related to the Trust Department's compliant execution of policies and procedures.
- Responsible for the fiduciary management and execution of CBNA's KYC requirements, including AML, BSA, and EDD requirements, and CBNA's Privacy policy.
- Be an ambassador for the Trust Department, CPW, and CBNA, maintaining industry expertise and expanding CPW's reputation for fiduciary services through media and community events.
- Nurture and expand industry networks with COIs and industry groups, participating in and attending industry leadership conferences, and bringing industry trends back to CPW for analysis and implementation.
Requirements:
- 10+ years of experience in the Delaware Trust space, supporting the ongoing operations of a Delaware Trust Company.
- Previous experience establishing a Delaware Trust Company in Delaware.
- Excellent relationship-building background, supporting the growth of a Trust organization, working with COIs, externally and internal partners in business development.
- Possess a strong background in leading regulatory audits and direct experience working with policy and procedure enhancements and adjustments as needed.
- Experience on Audit Committees and as a member of a Board of Directors for Delaware.
- A strong background in leading and building teams, mentoring, and developing staff.
Education:
- Bachelor's Degree is required.
- Master's Degree or JD/LLM is a plus.
- CTFA is strongly preferred.
Work Schedule:
- Hours per Week: 40
- Work Schedule: M-F
Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.
Equal Employment Opportunity:
At Citizens, we value diversity, equity, and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state, and/or local laws.
Equal Employment and Opportunity Employer
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.
Why Work for Us:At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
Background Check:
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.