Sr Philanthropic Advisory Specialist position will work on philanthropic business development and philanthropic account management. Serves as subject matter expert in regards to philanthropic planning for individuals, charity institutions and philanthropic vehicles, such as endowments, planned gifts, private foundations, split-interest charity trusts, and donor advised funds. Fiduciary expert that applies knowledge and skills in the area of trust and estate matters, investment management, wealth transition, chari and financial planning to serve high net worth and institutional clients. Delivers advisory based services to philanthropic clients.
This role includes a heavy
focus on new business acquisition, collaborating with Investment &
Fiduciary Centers in setting-up and administering Investment & Fiduciary
accounts, retaining client relationships, and developing relationships to their
fullest potential by cross-selling services of The Private Bank. Responsible
for corporate regulatory and compliance standards
*Dependent on candidate selected position may sit in either the Richmond, Roanoke, or Norfolk, VA office*
This LO position has customer contact and job duties which may include needs assessing and referring those customers interested in a dwelling secured product to a SAFE team member. This position includes assisting customers without taking an application and without offering or negotiating terms of a dwelling secured transaction. Individuals in a LO position also must meet the Loan Originator requirements under Regulation Z (LO) outlined in the job expectations below.
•8+ years trust/fiduciary experience demonstrated through work, military or education experience
•A Masters of Business Administration (MBA), Chartered Financial Analyst (CFA), or comparable professional designation
•Ability to generate successful business development relationships
•Knowledge and understanding of fiduciary law and federal regulations
•Knowledge and understanding of institutional investment management or endowment/foundation management
•Knowledge and understanding of philanthropic concepts
•Certified Trust and Financial Advisor (CTFA)
•Established network in the local market
Other Desired Qualifications
•Significant experience with family philanthropy, including private foundations, donor advised funds, split-interest trusts, family retreats, workshops and meetings
•Experience in wealth management with net worth clients of at least five million dollars
•Extensive knowledge and understanding of financial and estate planning, fiduciary/trust, wealth transfer, leverage, multiple asset class usage, asset allocation strategies, and taxation
•Local market knowledge extensive local philanthropic network strong networking skills and a passion for philanthropy
•Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply related to our client’s policies. The LO qualification requirements include meeting applicable financial responsibility, character, general financial fitness and criminal background standards. A current credit report will be used to assess your financial responsibility and credit fitness, however, a credit score is not included as part of the evaluation. Successful candidates must also meet ongoing regulatory requirements including additional screening, if necessary.