Executive Director, Retirement Services Group

Farmers National Bank of Canfield; Cleveland (OH); On-site; USD 120,000 - 180,000; Full time

Job summary

Farmers National Banc Corp. is seeking an executive to lead the Trust Retirement Plan Services Group, oversee NAI, and execute strategic plans aligned with the bank's trust and retirement objectives.

The role focuses on management, compliance, plan development, and cross-functional collaboration with sales, marketing, and trust management teams. A strong background in retirement plans and prior senior leadership experience are required.

Qualifications

• Bachelor's degree in Economics, Finance, Business Administration or Accounting (or with equivalent work experience) with a strong background in retirement plans required.
• Minimum of 10 years experience in the development and implementation of retirement plans and services (preferred 15+ years)
• Minimum of 7 years experience in management

Responsibilities

• Oversee and manage National Associates, Inc. (NAI), a subsidiary of Farmers Trust Company, and assume the duties of President of NAI.
• Execute a strategic plan for Farmers Retirement Service Group in alignment with the goals of the trust company.
• Create and manage the annual budget for Trust RSG in conjunction with the Trust Companies' overall budget.
• Maintain compliance with state and federal regulations applicable to retirement plans across all RSG lines of business.
• Recruit, train and provide for the development of staff to ensure the long-term success of RSG.
• Evaluate and develop products and services to maintain the competitiveness and long-term growth of the business unit.
• Perform and comply with internal Compliance and Accounting audit requests.
• Maintain regulatory compliance of Farmers Retirement Plans.
• Serve on and chair various internal committees
• When necessary, renegotiate fees and other agreements with clients and vendors.
• Complete all mandatory and elective training, including BSA and Anti-Money Laundering procedures.
• Regular, predictable attendance is an essential requirement of this position
• Complete all other duties as assigned

Skills

Strategic leadership

Retirement plans expertise

Budgeting & financial planning

Regulatory compliance

Staff development & mentoring

Relationship building

Education

Bachelor's degree in Economics, Finance, Business Administration or Accounting

Job description

Farmers National Banc Corp. is seeking an executive to lead the Trust Retirement Plan Services Group, oversee NAI, and execute strategic plans aligned with the bank's trust and retirement objectives.

The role focuses on management, compliance, plan development, and cross-functional collaboration with sales, marketing, and trust management teams. A strong background in retirement plans and prior senior leadership experience are required.