SVP, Wealth Management

at  Technology Credit Union

Position Summary:
The Senior Vice President (SVP), Wealth Management, is responsible for the management and direction of Technology Credit Union’s (Tech CU) Investment Services and Private Banking business units. The incumbent is responsible for the development of new business, goal achievement, profitability, risk management within the line of business, and for management and direction of the division under Tech CU policies and guidelines.
This position shares responsibility with the EVP Chief Retail Banking Officer and other market-facing Division heads for the promotion of Tech CU’s public image, for providing quality member services and for broadening the member base and organizational value. The incumbent plays a role in Tech CU’s annual business planning process. The incumbent also serves on tactical committees, as required.
Responsibilities:

PHYSICAL REQUIREMENTS:

• Speaking and listening to interact with internal and external parties in person or via phone
• Reading a computer screen and performing keyboarding tasks for up to 75% of the day
• Sitting at desk and/or conference table for extended periods of time
• Mobility to attend meetings within office building and offsite

Management Functions

• Supports the key initiatives of Tech CU and collaborates with other leaders to deliver excellent customer service and achieve corporate goals.
• Establishes and reviews a variety of organizational metrics.
• Provides oversight to the attainment of current business priorities.
• Establishes and maintains a system of internal controls and security measures to ensure maximum safety and soundness.
• Achieves and maintains the efficiency of all business unit areas, ensuring appropriate staffing levels and abilities to enable organizational flexibility.
• Ensures that staff and direct reports receive applicable training in regulatory compliance matters, as well as in sales and product knowledge.
• Partners with Enterprise Risk Management (ERM) to develop and oversee the risk management program, including risk assessments of products and services, vendor management, and regulatory compliance and controls for the Division.

Wealth Management

• With executive leadership, develops and maintains the overall strategic direction for Tech -Wealth Management, focusing on initiatives that broaden and better serve the membership base, promote the increased use and value of member services and products, and maximize the financial results for the business unit, Tech CU and its members.
• Recommends and implements division goals.
• Drives Investment Services and Private Banking strategic objectives towards development of new business and product programs.
• Participates in the development of the business unit’s sales plans, in support of Tech CU’s annual goals and objectives.
• Oversees development and administration of systems and databases.
• Directs compliance with federal and state regulations, contracted broker-dealer, National Credit Union Administration (NCUA), Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) guidelines.
• Participates with other senior leadership to provide the overall sales and service approach for Tech CU. Along with leadership, promotes the positive image of Tech CU within the companies it serves and within the expanded field of membership, concentrating on the technology community.
• Appropriately represents Tech CU at various industry conferences and local non-profit and business organization events as needed.
• Partners with key stakeholders from other divisions at Tech CU and our broker-dealer to help grow and promote the Tech _Wealth Management program within both existing and target markets.

Financial

• Provides financial results to executive leadership including targets, key performance indicators (KPIs), and analyses of critical issues. Facilitates interpretation of this information to assist in decision-making and policy changes.
• Proactively tracks business situations to alert executive leadership of potential areas of concern that may impact critical business areas or from intended business results.