Director of Trust Operations

Hancock Whitney Corp.; New Orleans (LA); On-site; USD 120,000 - 180,000; Full time

Job summary

Hancock Whitney Corp. is seeking an experienced executive to oversee Trust Operations and align the department with Wealth Management’s strategic objectives. You will ensure quality, efficiency, and regulatory compliance across securities services, wire transfers, and related processes.

The role requires extensive banking operations experience, strong leadership, and a deep understanding of trust services. Applicants should be prepared to lead critical projects and coordinate with auditors and

Qualifications

• Bachelor’s degree in business required.
• 10 years of banking experience with seven years in operations.
• Five years of management experience required.
• CPA, MBA, or CSOP strongly preferred.
• Strong familiarity with securities regulations and transfer agency."

Responsibilities

• Oversees all aspects of Trust Operations and related services.
• Directs strategy for Trust Operations within Wealth Management.
• Manages relationships with IT, Security, Treasury Services, and other departments.
• Maintains wire transfer authority and reviews transfers for operations.
• Leads vendor relationships and contract management.
• Collaborates with auditors and regulators on compliance.

Skills

Operations management

Regulatory compliance

Vendor management

Leadership

Financial services

Education

Bachelor’s Degree in business

CPA or MBA or CSOP preferred

Job description

Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religious beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, physical or mental disability or history of disability, genetic information, status as a protected veteran, disabled veteran, or other protected characteristics as required by federal, state and local laws.

When you choose a career with Hancock Whitney (Nasdaq: HWC), we pledge a heartfelt promise: You can grow. You have a voice. You are important. You also share in a rich regional heritage and embrace core values—timeless ideals vital to our culture since the 1800s—that inspire how we serve clients, communities, and each other: Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. A fast-growing organization consistently rated among America’s strongest, safest financial services institutions, our company is based in Gulfport, Mississippi. Our bank and subsidiaries provide contemporary, comprehensive consumer, commercial, and wealth financial products and services at regional headquarters and 200-plus financial centers across a vibrant Southeast corridor including Alabama, Florida, Louisiana, Mississippi, Tennessee, and Texas. Each day, our nearly 4,000 associates carry on a mission to help people achieve their financial goals and dreams. We come to work to create opportunities for the people we serve in the communities we call home. Together, we continue building a company solidly focused on being better, going beyond, and doing more to secure success for the people and businesses depending on us. Let our legacy lead to your future.

JOB FUNCTION / SUMMARY

Responsible for oversight and management of all aspects of Trust Operations to ensure a culture of quality and operational excellence to support the Trust Department and unified Wealth Management strategic objectives. Serves as a subject matter expert across Wealth Management to ensure consistent execution of operational objectives.

ESSENTIAL DUTIES & RESPONSIBILITIES

• Oversees all aspects of Trust Operations including Securities Services, Service Delivery Team, Special Processing, Trust Business Systems, and Reconciliations.
• Directs the overall strategy for Trust Operations in accordance with the unified Wealth Management strategy.
• Manages relationships with internal bank service and support departments such as Information Technology, Business Continuity, Security, Treasury Services, and Electronic Funds Transfer.
• Serves on various bank committees such as Vendor Management Committee as required.
• Maintains wire transfer authority requirements for Trust Department.
• Responsible for reviewing wire transfers for business operations as needed.
• Manages critical vendor relationships including needs analysis, developing requirements, negotiating contracts, problem identification and resolution, vendor performance monitoring, vendor regulatory compliance, project management, and implementation of solutions.
• Partners with internal and external auditors, state and Federal banking and securities regulators to fulfill requirements, address issues, craft formal responses to and solutions for audit violations and recommendations.
• Speaks directly to clients and prospective clients including institutions, government agencies, executives of corporations, and high net worth individuals in sales, client retention, problem-solving situations.
• Develops Trust Department continuity plans and serves as Business Unit Contingency Coordinator in accordance with Corporate Business Continuity requirements.
• Leads technical projects as needed, such as: mergers, acquisitions and system conversions; launching new products; identification and installation of new or enhanced capabilities; automation of manual processes.

SUPERVISORY RESPONSIBILITIES

• Responsible for the overall direction, coordination, and evaluation of associates and carries out these supervisory responsibilities in accordance with the organization’s policies and applicable laws.
• Responsibilities include interviewing, hiring and training associates; planning, assigning and directing work; performance management; rewarding associates; addressing complaints and resolving problems.

MINIMUM REQUIRED EDUCATION, EXPERIENCE & KNOWLEDGE

• Bachelor’s Degree in business related field required
• 10 years of experience in banking with seven years in operations required
• Five years of management experience required
• CPA, MBA, or CSOP strongly preferred
• Strong familiarity with regulations covering securities, transfer agency, information technology, and corporate governance required
• Advanced knowledge of Trust business including personal trust, institutional trust, corporate trust, investment management, retirement services, securities operations, and transfer agency Experienced in long range planning and budgeting
• Comprehensive understanding of regulations governing the Trust industry and securities operations Experienced in Trust accounting and investment management systems, as well as surrounding systems such as wire transfer and treasury management
• Experienced in reading, creating, understanding, and managing financial reports, analyses and strategy documents

ESSENTIAL MENTAL & PHYSICAL REQUIREMENTS

• Ability to work under stress and meet deadlines
• Ability to operate related equipment to perform the essential job functions
• Ability to read and interpret a document if required to perform the essential job functions
• Ability to travel if required to perform the essential job functions
• Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department/division an "undue hardship" then the employee must be accommodated; hence omitting lifting/moving/carrying as a physical requirement.

Learn more at hancockwhitney.com/ourstory