Senior Lead Fiduciary Specialist

Wells Fargo•Palm Beach, FL

21h

About The Position

Wells Fargo is seeking a Senior Lead Fiduciary Specialist to join its Banking, Lending, & Trust (BL&T) division. BL&T provides access to Wells Fargo Bank products and services for high-net-worth and ultra-high-net-worth individuals and families, focusing on banking, custom lending, and trust services. Specialists in this division utilize resources, research, relationships, and custom solutions to meet client needs and aspirations. BL&T offers guidance on various banking and fiduciary topics, including investment management, trust administration, specialty trusts, custody, tax, specialty assets, regulatory compliance, privacy, ecommerce, deposit relationships, and business strategies. The division also supports the WIM Diverse Segments group. Trust Services advisors provide personalized advice and wealth and asset management services to HNW and UHNW clients.

Requirements

7+ years of Fiduciary Products experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience and education

Nice To Haves

J.D. and/or CTFA preferred
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 leadership, communication and presentation skills with the ability to explain difficult financial, tax and legal concepts to internal partners and clients

Responsibilities

Lead a team of fiduciary professionals responsible for the administration of trust and other fiduciary accounts
Lead the strategy and resolution to administer a book of highly complex fiduciary relationships, including analyzing trust and estate documents, implementing client estate plans, and ensuring client accounts are managed in accordance with sound fiduciary principles and applicable laws
Engage clients, advisors, and internal partners to deliver a high-touch client experience within a strong risk management framework
Maintain a strong knowledge of internal policies and procedures including, but not limited to, distributions, account maintenance, account opening and closing, Know Your Client (KYC) requirements, annual account reviews, and management of overdrafts
Proactively identify and recommend opportunities for process improvement and control development
Provide enterprise-level fiduciary expertise and strategic leadership, oversee the interpretation of highly complex governing instruments, and ensure firm-wide adherence to fiduciary principles and prudent investing standards
Serve as an escalation point for team members regarding client-related matters, including the resolution of client complaints and the approval of discretionary distributions
Act as an advisor and lead team to achieve business objectives and drive execution; participate actively in Wells Fargo Trust's training and mentorship programs
Participate in marketing and development initiatives, including building connectivity with centers of influence
Provide vision, direction, and expertise to senior leadership on implementing innovative and significant business solutions