What are the responsibilities and job description for the Director of Financial & Tax Planning position at Busey?
Position Summary
The Director of Financial & Tax Planning will lead Busey Wealth Management’s financial planning team and tax planning team, ensuring the delivery of high quality, integrated advice to our clients. This role combines deep technical tax expertise with strategic financial planning leadership. The Director of Financial & Tax Planning will bring extensive experience advising high net worth families and business owners as well as play a key role in advising top clients on complex family, business, and tax planning strategies, partnering closely with Busey’s team of financial experts and delivering the highest level of financial advice.
Duties & Responsibilities
Leadership & Team Management
Knowledge Of
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $115,000-$160,000 annually)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.
Unsolicited Resumes
Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.
The Director of Financial & Tax Planning will lead Busey Wealth Management’s financial planning team and tax planning team, ensuring the delivery of high quality, integrated advice to our clients. This role combines deep technical tax expertise with strategic financial planning leadership. The Director of Financial & Tax Planning will bring extensive experience advising high net worth families and business owners as well as play a key role in advising top clients on complex family, business, and tax planning strategies, partnering closely with Busey’s team of financial experts and delivering the highest level of financial advice.
Duties & Responsibilities
Leadership & Team Management
- Lead, mentor, and develop the Financial Planning and Tax Planning teams.
- Establish best practice processes, planning standards, and quality controls.
- Foster collaboration between planning, tax, trust, and investment teams.
- Oversee workflow, capacity planning, and team performance metrics.
- Serve as a senior advisor for top clients, providing advanced financial, tax, estate, and business planning guidance.
- Partner with advisors and relationship managers to design and deliver comprehensive planning strategies.
- Participate in high level client meetings, family governance discussions, and business transition planning.
- Provide subject matter leadership on tax planning, including income tax, estate tax, business entity planning, and multi-generational strategies.
- Oversee the development of financial plans, tax analyses, and planning deliverables.
- Stay current on tax law changes and emerging planning strategies; educate internal teams.
- Enhance and expand Busey’s planning capabilities, tools, and client experience.
- Support business development efforts by showcasing planning expertise in prospect meetings.
- Collaborate with senior leadership on long term planning strategy and service model evolution.
Knowledge Of
- Federal and state laws and regulations.
- Sophisticated software systems.
- Excellent time and project management skills.
- Tax law, financial planning principles, and wealth management strategies.
- Strong communication skills and the ability to simplify complex planning concepts.
- Analyze and interpret numerical data.
- Prepare and present complex financial concepts.
- Strong communication skills and the ability to simplify complex planning concepts.
- Analyze and solve problems based on a broad knowledge of many factors, where advanced and technical concepts must be applied.
- Perform duties and make decisions under frequent pressure.
- Comfortably work with senior executives, business owners, and multi-generational families.
- CPA or CFP® designation required.
- Dual CPA and CFP® credentials preferred.
- 10 years of experience in tax planning, financial planning, or related advisory roles.
- Experience advising high net worth individuals, families, and business owners.
- Proven leadership experience managing professional teams.
Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.
(Base Pay Range: $115,000-$160,000 annually)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.
Equal Opportunity
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.
Unsolicited Resumes
Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.
Salary : $115,000 - $160,000