Wealth Manager

Redwood-Credit-Union

Napa (CA)

On-site

USD 142,000 - 167,000

Full time

13 days ago

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Benefits offered by this job

401(k) with company match

Paid time off

Dental, medical, vision benefits

Job summary

Redwood Credit Union is seeking a Wealth Manager to lead the Wealth Management program, focusing on member satisfaction and driving growth in investment and retirement services.

The ideal candidate will manage Advisors, ensure compliance, and collaborate with multiple departments to deliver strong financial planning solutions and enhanced service levels for Members.

Qualifications

Thorough knowledge of Wealth Management offerings in financial institutions.
Strong leadership and staff development capabilities.
Ability to analyze problems and develop effective solutions.

Responsibilities

Lead and direct Wealth Management Advisors and manage service quality to generate non-interest income.
Establish measurement criteria, monitor performance, and report progress to Leadership.
Ensure compliance with applicable laws and internal policies while growing member engagement.

Skills

Wealth Management

Sales leadership

Negotiation

Communication

Education

Bachelor's degree in business administration or finance

FINRA Series 7, 24, 66 licenses

California Life Insurance license

Job description

Redwood Credit Union is looking for a Wealth Manager who will be responsible for supporting the planning, organization, and management of Redwood Credit Union's Wealth Management program. Emphasis is placed on providing excellent Member satisfaction and significantly growing sales and services provided through offering full-service investment and retirement products and services.

ESSENTIAL FUNCTIONS:

Leadership:

Review and identify cost-effective utilization of all resources.
Lead and direct the management of staff and directly supervised team members to ensure availability of skills and abilities needed to meet RCU’s vision, mission, values, and service doctrine.
Analyze and communicate information about performance, competition, marketplace, and company resources in a manner that balances immediate needs with those of the future.
Manage the development of all assigned Advisors through an internal business development program and motivate staff to sell and market RCU.
Participate in and represent Redwood Credit Union at internal and external events and community functions.

Compliance and Risk

Assist with Member complaints and issues
Prudent risk behavior
Code of Ethics

Sales and Service Management:

Mentor and coach sales and service results.
Manage and direct assigned Advisors and Wealth Management products to provide exemplary service and generate non-interest income for RCU.
Establish and/or implement measurement criteria for tracking results, assigning priorities and resources, and following through to ensure timely and accurate completion of assignments.
Provide regular feedback and progress reports regarding Wealth Management sales practices and business development initiatives.
Utilize reporting systems designed to keep the Leadership Team informed of all Wealth Management activities and production.
Continually assess the competitiveness of all programs and practices against the relevant comparable companies, industries, and markets.
Maintain relationships with external partners, Member Experience, Compliance, Legal, Risk, Marketing, and IT departments to deliver new products and promotions.
Ensure compliance with pertinent government rules and regulations.
Evaluate efforts to develop business to assure efficiency and resources are used to pursue opportunities within guidelines and policies.
Work with Leadership on setting and meeting production goals and oversee the daily activities of assigned Wealth Management department team members.
Design and implement training and continuing education programs for team members in conjunction with the Educational Development Department.
Possess knowledge of department related regulations and communicate relevant updates to organization.
Recruit, select, train, motivate, coach, evaluate and develop reporting staff.
Lead investment initiatives, e.g., call nights, branch training, business outreach, etc.
Travel to branches and departments regularly to market and promote Wealth Management to Members and team members.
Maintain and recruit team members to meet targeted quantity and quality.
Implement wealth management disciplines on effective Member engagement, planning, service models, and use of tools available through Redwood Credit Union and CUSO Financial Services.
Develop and encourage sound Financial Planning practices by team members.

Planning:

Implement plans and policies to attain goals and objectives, measure progress and implement adjustments as appropriate.
Support evaluation, research, and analysis to provide recommendations related to new and existing product offerings and partnerships.
Assist in execution of Wealth Management strategic marketing plans in coordination with the Marketing & Communications Department.
Assist in execution of strategies to support growth of Wealth Management as well as all other goals of Redwood Credit Union.

Other Functions:

Organize community seminars on investing, retirement planning, and other financial products offered.
Volunteer time and capital in community non-profit groups and participate in community events, volunteer boards and associations.

Join us and discover why you'll love working at Redwood Credit Union!

ABOUT REDWOOD CREDIT UNION (RCU):

At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.

As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.

Why work for Redwood Credit Union?

25th largest credit union in the U.S. and the largest financial institution based in the North Bay
Recognized by Newsweek as one of "America's Best Credit Unions 2026"
Awarded a 5-Star Bauer Rating
Recognized by Newsweek as one of "America's Greatest Midsize Workplaces 2026"
Top Corporate Philanthropists (#24) - San Francisco Business Times
Voted Best Places to Work in the North Bay 20 years in a row
World-class Employee Engagement scores
Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
Industry leading Net Promoter Scores across the U.S.

Minimum Qualification: Knowledge, Skills and Abilities

Thorough knowledge of all aspects of Wealth Management offered by financial institutions.
Thorough knowledge of modern management techniques and practices.
Thorough knowledge of bank deposit products.
Current knowledge of Federal and State investment laws, rules, and regulations.
Knowledge of national and local economic and competitive trends and conditions.
Strong negotiation and sales leadership skills.
Ability to comply with all terms of RCU and CFS manuals and policies.
Highly skilled in the operation of a personal computer with word processing, spreadsheet and presentation software with Intra/Internet access.
Ability to lead and achieve results from others through motivation.
Ability to analyze problems and opportunities, identify and evaluate alternatives, and develop sound, effective approaches.
Ability to plan, implement, and evaluate the achievement of goals, objectives, and work plans.
Ability to lead, motivate, and supervise team members.
Ability to establish and maintain effective working relationship with a diverse group of people including, regulators, Members, internal team members attorneys, vendors, and other parties.
Ability to communicate effectively both verbally and in writing.
Ability to travel 50% of time.

Certifications and Licenses

FINRA Series 7, 24 (or 9/10), 66 (or 63/65) licenses required.
California Life Insurance.

The ideal candidate has a combination of education and experience equivalent to a bachelor's degree in business administration, finance, or a closely related field, with a minimum of eight years of experience in financial services, including investments and insurance.

Compensation:

Base starting range: $141,979 to $167,039 annually + Commission

Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.

Redwood Credit Union offers a robust benefits package to our eligible employees including:

Competitive medical, dental, and vision insurance, mental health offerings
Employee performance incentive plan
Salary Advancement– Merit increase based on performance
401(k) program with employer match
Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!

RCU Discounts and Perks:

RCU employees are eligible for a .75% discount off RCU standard collateral auto loans
RCU employees are eligible for a 1% discount on all recreational or boat loan products
2% discount off Visas and LOC Loans through RCU
0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.
0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.
0% interest on garment, fitness, or home office equipment loan of up to $500
100% financing for employee purchased homes!

Physical Requirements: