Director - Family Office - Bank

We are seeking an experienced and dynamic professional to assume the role of Head of Family Office. The ideal candidate will be responsible for overseeing the comprehensive management of the family's financial, estate, and personal affairs. This role requires a combination of financial acumen, strategic thinking, and exceptional interpersonal skills to ensure the smooth functioning and growth of the family's wealth and overall well-being.

Responsibilities:

Client Relationship Management:

- Cultivate and maintain strong relationships with high-net-worth clients, understanding their financial goals and family dynamics.

- Serve as the primary point of contact for clients, ensuring their satisfaction and addressing any concerns or inquiries.

Strategic Financial Planning:

- Develop and implement comprehensive financial strategies aligned with clients' goals, risk tolerance, and financial objectives.

- Collaborate with the investment team to optimize portfolio performance and manage risk effectively.

Estate and Tax Planning:

- Oversee the development and execution of estate plans, including wills, trusts, and succession planning.

- Work closely with tax professionals to minimize tax liabilities and ensure compliance with relevant regulations.

- Wealth Preservation and Growth:

- Implement wealth preservation strategies and explore opportunities for wealth enhancement.

- Monitor market trends, economic conditions, and changes in legislation that may impact clients' financial positions.

Family Governance and Education:

- Facilitate family meetings to discuss financial matters, educate family members on wealth management principles, and establish governance structures.

- Provide guidance on wealth transfer and inheritance planning.

- Risk Management:

- Identify and assess risks related to clients' financial positions and implement risk mitigation strategies.

- Stay informed about industry best practices and recommend adjustments to risk management approaches.

Team Leadership:

- Lead and mentor a team of professionals within the Family Office, fostering a collaborative and client-focused culture.

- Conduct regular training sessions to enhance the team's knowledge and skills.

Qualifications:

- Proven experience (18+ years) in a similar role within a family office or wealth management Firm

- Bachelor's degree in finance, business, or a related field; advanced degree or professional certifications (e.g., CFP, CFA) preferred.

- Strong understanding of investment strategies, financial planning, and risk management.

- Excellent leadership and interpersonal skills, with the ability to manage relationships across various stakeholders.

- Exceptional organizational and project management capabilities.

- High level of discretion, integrity, and professionalism.

- Familiarity with legal and tax considerations related to wealth management.

- Excellent communication skills, both written and verbal.

- Ability to adapt to evolving priorities and work independently.