Lead Trust Officer - Lead Fiduciary Specialist

Wells Fargo & Company • Austin, TX

2d • Hybrid

About The Position

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. It all begins with outstanding talent. It all begins with you. Banking, Lending, & Trust (BL&T) unlocks access to Wells Fargo Bank products and services to high-net-worth and ultra-high-net-worth individuals and families based on needs related to banking, custom lending, and trust services. These bank specialists leverage resources, valuable research, relationships, custom solutions, and highly tuned strategies to address clients' unique needs and aspirations. BL&T further provides guidance on a variety of banking and fiduciary topics including investment management, general trust administration, specialty trusts, custody, tax, specialty assets, regulatory, privacy, ecommerce, deposit relationship and strategy, and business strategies. The section also provides support to the WIM Diverse Segments group, including WIM referral activity. Trust Services Trust advisors discuss the needs of HNW and UHNW clients and provide personalized advice and wealth and asset management services, including: • Personal trust services. • Estate services. • Philanthropic services. • Closely held asset management. • Real estate and loan asset management. • Oil, gas and mineral management. • Legacy trust services. • Special needs trust services. • Managed Individual Retirement Accounts (IRA) About this role: Wells Fargo is seeking a Lead Trust Officer - Lead Fiduciary Specialist in Estate Services as part of Wealth and Investment Management. Learn more about the career areas and lines of business at Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com) In this role, you will: Review estate planning documents and advise on estate tax effects Prepare and review federal and state estate and inheritance tax returns Serve as subject matter expert in estate, gift and GST matters during all phases of estate settlement process. Proactively assist in the administration of complex fiduciary relationships and collaborate strategically with peers and managers to resolve issues, influence process enhancements, and contribute to strategic projects and business‑development initiatives Independently manage a portfolio of complex fiduciary relationships, providing guidance on interpreting nuanced legal instruments and leading resolution of sophisticated issues Lead fiduciary administration, advise on nuanced legal interpretations, and implications to estate and fiduciary income tax Engage clients, advisors, and internal partners to deliver a high-touch experience for complex fiduciary relationships Collaborate strategically with peers and managers to resolve issues and achieve business goals Mentor junior team members and organize team priorities to meet deadlines and client expectations

Requirements

• 5+ years at a law firm or CPA firm with an understanding of estate tax.
• Ability to prepare federal and state estate tax returns, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience and education
• Ability to prepare or review federal and state estate tax returns
• Ability to interpret and explain complex estate planning documents
• 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.
• Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Nice To Haves

• Juris Doctor degree
• 5+ years’ experience preferably at law firms or financial institutions
• Certified Public Accountant (CPA) or Certified Financial Planner (CFP) a plus
• Strong leadership, communication and presentation skills with the ability to explain difficult financial, tax and legal concepts to internal partners and clients.
• Knowledge of complex estate planning strategies including tax strategies
• Ability to read, interpret and explain will and trust documents, probate laws, and tax provisions
• Experience in wealth management with high-net-worth clients of at least ten million dollars
• Ability to work effectively within a team and build strong working relationships across business channels and at all levels of management.
• Demonstrate a high level of organizational skills, including time and priority management.
• Collaborate effectively with relationship team members, client’s advisors and other colleagues.
• Solutions-oriented and able to operate within a diverse, fast-paced environment.
• Strong conflict resolution skills.
• Strong analytical skills with high attention to detail and accuracy
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

Responsibilities

• Review estate planning documents and advise on estate tax effects
• Prepare and review federal and state estate and inheritance tax returns
• Serve as subject matter expert in estate, gift and GST matters during all phases of estate settlement process.
• Proactively assist in the administration of complex fiduciary relationships and collaborate strategically with peers and managers to resolve issues, influence process enhancements, and contribute to strategic projects and business‑development initiatives
• Independently manage a portfolio of complex fiduciary relationships, providing guidance on interpreting nuanced legal instruments and leading resolution of sophisticated issues
• Lead fiduciary administration, advise on nuanced legal interpretations, and implications to estate and fiduciary income tax
• Engage clients, advisors, and internal partners to deliver a high-touch experience for complex fiduciary relationships
• Collaborate strategically with peers and managers to resolve issues and achieve business goals
• Mentor junior team members and organize team priorities to meet deadlines and client expectations

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed