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