Sr Director of Family Wealth

JOB SUMMARY

Columbia Trust Company is building a dedicated Multi-Family Office (MFO) practice to serve ultra-high-net-worth (UHNW) clients, leveraging Columbia's Oregon trust charter and expanded fiduciary and custodial capabilities. The Senior Investment Director is a senior individual-contributor role on the investment team, responsible for portfolio construction, manager research, and direct client-facing investment advice for a subset of the MFO's most complex relationships. This role works closely with the Head of Investments to execute the platform's investment philosophy day-to-day and serves as a key deputy as the practice scales.

About the Role:

Portfolio Management & Construction

• Build and manage customized investment portfolios for UHNW households, incorporating concentrated positions, closely held business interests, real estate, and philanthropic vehicles.
• Translate the MFO's strategic and tactical asset allocation framework into client-level implementation, including rebalancing, tax-aware transitions, and cash flow planning
• Monitor portfolio risk, drift, and performance against IPS targets and benchmarks

Manager Research & Due Diligence

• Conduct due diligence on public and private market managers (equities, fixed income, hedge funds, private equity, venture, real assets, private credit) and maintain research coverage within assigned asset classes.
• Participate in the Investment Committee's manager approval and ongoing monitoring process.
• Support sourcing and evaluation of alternatives and co-investment opportunities.

Client Relationship & Advisory

• Serve as a direct, senior investment point of contact for a book of UHNW client relationships, often alongside a relationship manager or wealth strategist.
• Prepare and deliver investment reviews, market outlook commentary, and portfolio recommendations directly to clients and their outside advisors (attorneys, accountants)
• Support new business development, including finalist presentations and prospect portfolio proposals.

Team & Platform Support

• Mentor and provide technical guidance to research analysts and junior investment staff.
• Contribute to investment policy, capital markets assumptions, and governance documentation under the Head of Investments.
• Support selection and use of portfolio management, performance reporting, and risk analytics tools (e.g., Addepar, Black Diamond, VRGL, Orion)

Risk & Compliance

• Ensure portfolio activity and client recommendations comply with trust, fiduciary, and regulatory standards under Columbia's Oregon trust charter.
• Partner with Legal, Compliance, and Risk on documentation, conflicts management, and exam readiness for assigned relationships.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.

Other Duties

• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become “Business Bank of Choice”
• May perform other duties as assigned.

About You:

Education/ Licenses/ Certifications

• MBA Required
• CFP®, CFA®, CPWA®, CEPA®, CTFA, or other advanced trust/estate planning designation preferred

 Experience

• 15+ Years of investment experience in a multi-family office, private bank, RIA, or institutional asset management setting, with direct UHNW or high-net-worth client exposure required.

Skills

• Significant experience advising high-net-worth and ultra-high-net-worth individuals, families, executives, and business owners.
• Demonstrated ability to lead sophisticated wealth planning and family office engagements involving multiple professional disciplines.
• Strong understanding of estate planning, trusts, taxation, investment management, business succession, philanthropy, and multigenerational wealth planning.
• Demonstrated success leading and developing high-performing professional teams.
• Strong business-development orientation with the ability to translate advisory expertise into measurable client and organizational growth.
• Exceptional executive communication and presentation skills; ability to work effectively with senior executives, business owners, wealthy families, attorneys, CPAs, and other sophisticated advisors.

 
TRAVEL REQUIREMENTS

• Frequent

The base pay range for this role is $175,000 to $275,000.

The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.

Primary Location: Ability to work fully onsite at posted location(s).

2155 W Pinnacle Peak Rd Phoenix AZ 85027

Our Benefits:

We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.

 

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected].

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.