Associate Fiduciary Specialty Asset Manager

Wells Fargo & Company•Minneapolis, MN

6d•$60,000 - $100,000•Hybrid

About The Position

Wells Fargo is seeking an Associate Fiduciary Specialty Asset Manager to support Closely Held Asset Management within its Wealth & Investment Management division. This role will partner with senior asset managers, fiduciary advisors and the internal business partners to deliver a high quality client experience while ensuring adherence to fiduciary standards, regulatory requirements, and risk management. Wealth & Investment Management, or WIM, is one of the United States’ leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, planning, and retirement products and services to meet clients’ unique needs and to help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. WIM is also a leading provider of trust and fiduciary services, including a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients. These specialized fiduciary services include Real Estate Asset Management Services.

Requirements

6+ months of Fiduciary Specialty Asset Products experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

Knowledge of specialty assets such as closely held businesses, private equity, real estate, or oil and gas interests
Strong analytical, financial statement review, and problem-solving skills
Strong organizational skills with the ability to manage multiple priorities and deadlines
Effective verbal and written communication skills
Ability to build relationships and collaborate with clients, business partners, attorneys, accountants, and other professional advisors
Understanding of fiduciary principles, risk management, or compliance practices within financial services
Bachelor's degree in Finance, Accounting, Economics, Business Administration, Real Estate, or a related field

Responsibilities

Participate or provide support for a closely held asset portfolio comprised primarily of minority interests and occasionally more complex assets
Negotiate sales, vote proxies, review financial statements, value closely held interests based on accepted valuation standards, participate in owner meetings, review partnership, operating and shareholder agreements, communicate with entity stakeholders including managers, clients, accountants, and attorneys
Review less complex or tactical issues, policies or procedures for which answers can be quickly obtained, related to low-to-medium risk tasks and deliverables
Provide closely held asset management in accordance with the governing instruments, fiduciary laws, bank policies and procedures
Receive direction from supervisor and exercise independent judgment while developing understanding of functions, policies, procedures, and compliance requirements
Collaborate and consult with managers, functional colleagues and stakeholders, including internal and external customers