New Horizon Bank · 11 hours ago
Chief Trust Officer - Richmond, Virginia
Richmond,VA,US
Full-time
Onsite
Director/Executive
15+ years expNew Horizon Bank is a forward-thinking community bank focused on building a trust division to enhance its financial services. The Chief Trust Officer will lead the development and operations of this division, ensuring compliance and driving growth through innovative fiduciary solutions.
BankingCustomer ServiceFinancial Services
Responsibilities
Lead the execution of the Bank’s business (strategic) plan for the business as outlined in the “Business Plan” submitted to the OCC
Partner with the CEO, General Counsel, and regulators to finalize any necessary uncompleted work to secure fiduciary powers, corporate approvals, and compliance readiness
Engage with other bank executive leaders to secure support for the new division
Establish fiduciary policies, procedures, and internal controls consistent with 12 CFR Part 9 and other applicable regulations
Create a Trust Committee, with oversight of fiduciary risk, audit findings, and policy
Serve as the regulatory liaison for trust-related examinations and compliance matters
Provide reporting to the Trust and Investment Committee of the board
Design and execute a multi-segment growth plan encompassing: Personal trust and estate administration, Corporate and institutional trust services (escrow, SPAC, paying agent, etc.), Investment management partnerships, Technology-enabled fiduciary solutions through NHB Core Build and White Bay family office collaborations
Identify and develop new revenue channels through capital markets, fintech integrations, and family office relationships
Oversee the selection and implementation of accounting, custody, and client systems (if this has not already been completed prior to hire date)
Identify other vendors needed for the execution of fiduciary activities and being mindful to stage engagement with need and the impact on the Bank’s expenses
Collaborate with NHB’s Chief Technology Officer-Core Build to integrate trust data into the broader NHB technology platform for unified client experience
Recruit, train, and lead the trust administration and operations team
Serve as a visible ambassador of New Horizon’s fiduciary capabilities with clients, regulators, and investors
Partner with business development teams, private bankers, and corporate bankers to originate new trust relationships tied to core deposit and commercial growth
Provide strategic input to the Board on fiduciary trends, M&A opportunities, and innovation across the trust and wealth ecosystem
Qualification
Required
Deep understanding of fiduciary law, trust operations, and regulatory frameworks
Proven track record establishing or scaling a trust business within a bank or standalone trust company
Demonstrated expertise in corporate and institutional trust, including SPAC, escrow, and M&A structures
Strong knowledge of trust accounting systems, risk management, and compliance frameworks
Strategic and entrepreneurial mindset, capable of balancing regulatory discipline with business growth
Excellent communication, leadership, and stakeholder-management skills
Bachelor's degree in finance, business, accounting, or law required
Minimum 15 years of progressive leadership in trust, fiduciary, or wealth management, preferably with prior experience in a charter formation or OCC-regulated environment
Preferred
JD, CTFA, or CFP preferred
Company
New Horizon Bank
New Horizon Bank provides financial and banking services.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Will Groves
President and Chief Executive Officer
Emily Maze
EVP, Chief Credit Officer
Recent News
2025-07-23
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2025-04-15
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