Lead Fiduciary Specialist - Risk Manager, Trust Client & Advisor Services
Company: Wells Fargo
Location: Long Beach
Posted on: August 8, 2022
Job Description:
At Wells Fargo, we are looking for talented people who will put
our customers at the center of everything we do. We are seeking
candidates who embrace diversity, equity and inclusion in a
workplace where everyone feels valued and inspired.Help us build a
better Wells Fargo. It all begins with outstanding talent. It all
begins with you.About this role:Wells Fargo is seeking a Lead
Fiduciary Specialist - Risk Manager in Trust Client & Advisor
Services as part of Wealth and Investment Management. Learn more
about the career areas and lines of business at In this role, you
will:
- Support risk management for philanthropic accounts
- Proactively mitigate operating losses and fiduciary risk
exposure within the Trust Client & Advisor Services
environment
- Administer client accounts in order to create, expand, and
serve relationships
- Perform internal audits to verify compliance with established
standards and partners directly with Wells Fargo risk partners
- Provide philanthropic fiduciary oversight and answers difficult
or complex questions regarding trust taxability, document
interpretation and fiduciary risk management
- Review documents and works with team members to ensure proper
documentation for all discretionary actions
- Make decisions in complex situations requiring excellent
understanding of the function, policies, procedures, and compliance
requirements that influence and lead broader work team to meet
deliverables and drive new initiatives
- Manage small teams and provide guidance and direction
- Collaborate and consult with peers, colleagues, and all levels
of management to resolve issues and achieve goals
- Lead projects, teams, or serve as a peer mentor
- Assist with the design and implementation of strategic business
plans designed to meet policy requirements while creating processes
and strategies to enhance the overall effectiveness of the group
and client experienceRequired Qualifications:
- 5+ years of Fiduciary Products experience or equivalent
demonstrated through one or a combination of the following: work
experience, training, military experience, educationDesired
Qualifications:
- Strong knowledge and understanding of estate, trust, or
fiduciary administration
- Ability to interpret trust agreement documents and ensure bank
compliance
- Strong risk management and compliance skills
- Knowledge and understanding of philanthropic concepts
- Ability to provide fiduciary oversight to complex questions
regarding trust taxability, document interpretation and fiduciary
risk management
- Demonstrated working knowledge of fiduciary operational and
risk mitigation standards, including the ability to effectively
communicate related policies and procedures
- Ability to develop partnerships and collaborate with other
business and functional areas
- Ability to implement a solution and communicate, in clear
business terms, the benefits of the proposed risk management
approach
- A BS/BA degree or higher (such as JD/LLM) in law or trust and
wealth management
- Certified Trust and Financial Advisor (CTFA)
- Excellent verbal, written, and interpersonal communication
skills The preferred location for this position is in
Winston-Salem, NC. Other locations may be considered.Salary range
is determined by the location of the jobThe salary range displayed
below is based on a Full-time 40 hour a week schedule.NV-Las Vegas:
84,000-149,400 USD AnnualPA-Philadelphia: 92,400- 164,400 USD
AnnualDE-Wilmington: 92,400- 164,400 USD AnnualTX-Austin:
84,000-149,400 USD AnnualCA-Long Beach: 92,400- 164,400 USD
AnnualMN-Minneapolis: 84,000-149,400 USD AnnualNC-Winston Salem:
84,000-149,400 USD AnnualMay be considered for discretionary
bonusPay Range$84,000.00 - $149,400.00 AnnualBenefits
- Information about Wells Fargo's employee benefits We Value
Diversity At Wells Fargo, we believe in diversity, equity and
inclusion in the workplace; accordingly, we welcome applications
for employment from all qualified candidates, regardless of race,
color, gender, national origin, religion, age, sexual orientation,
gender identity, gender expression, genetic information,
individuals with disabilities, pregnancy, marital status, status as
a protected veteran or any other status protected by applicable
law. Employees support our focus on building strong customer
relationships balanced with a strong risk mitigating and
compliance-driven culture which firmly establishes those
disciplines as critical to the success of our customers and
company. They are accountable for execution of all applicable risk
programs (Credit, Market, Financial Crimes, Operational, Regulatory
Compliance), which includes effectively following and adhering to
applicable Wells Fargo policies and procedures, appropriately
fulfilling risk and compliance obligations, timely and effective
escalation and remediation of issues, and making sound risk
decisions. There is emphasis on proactive monitoring, governance,
risk identification and escalation, as well as making sound risk
decisions commensurate with the business unit's risk appetite and
all risk and compliance program requirements. Candidates applying
to job openings posted in US: All qualified applicants will receive
consideration for employment without regard to race, color,
religion, sex, sexual orientation, gender identity, national
origin, disability, or status as a protected veteran.
Keywords: Wells Fargo, Long Beach , Lead Fiduciary Specialist - Risk Manager, Trust Client & Advisor Services, Executive , Long Beach, California
Didn't find what you're looking for? Search again!
Loading more jobs...