SVP, Managing Director of Wealth Management

WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long-term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.

CORE VALUES: Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus

ABOUT THE ROLE:
The Managing Director will lead and grow the company's wealth management division. This position will shape the future of wealth management, combining strategic vision with operational excellence to build an industry leading department.

WHAT YOU'LL BE DOING:

• Provide vision and executive leadership for Wealth Management Division.
• Work closely with Alerus Investment and Fiduciary Services and Alerus Securities Unit Leaders ensuring annual revenue and net income growth objectives are achieved in each area.
• Develop and execute the strategic vision for the division.
• Set and achieve annual new business goals and client retention objectives.
• Identify and assess opportunities for growth, including new markets, products and service offerings.
• Maintain awareness of the importance of ERM, Audit, Compliance and SOX Controls.
• Lead preparation and response to regulatory information requests, examinations and audits.
• Assure a high-level wealth management client experience.
• Build effective cross collaboration between business units.
• Provide updates on Wealth Management Division to other division leaders.
• Collaborate with other divisions to maximize Wealth Management growth opportunities.
• Build, lead, and inspire a high-performing team of wealth management advisors.

WHAT YOU SHOULD HAVE:

• 15+ years or progressive wealth management experience.
• 7+ years in a team leadership capacity.
• Bachelor's degree in business or related field.
• CFP,CFA, MBA or related advanced education or certification a plus.
• Strong interpersonal and collaboration skills.
• Ability to change and adapt quickly while remaining focused on customers and executing business initiatives.
• Ability to lead, prioritize and execute on multiple priorities simultaneously.
• Proven experience to recruit and build high performing teams.

WHAT WE BRING TO THE TABLE:

• Competitive compensation including base salary, bonus and/or incentive opportunities.
• Comprehensive benefits package providing a wide range of health and well-being benefits, including medical, dental, vision, life and long-term disability insurance; and 401(k) and ESOP for retirement savings.
• Generous paid time off programs such as flexible time off, company-paid holidays, parental and bereavement leave.
• Learning and development resources for personal and professional career development, and advancement opportunities.
• Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.
• Support for the communities we live in through paid volunteer time and a company donation match opportunity.

WORK ENVIRONMENT: Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.

The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.

Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.