Trust Officer - Fiduciary Specialist

Wells Fargo Bank•Logan Square, PA

1d•Hybrid

About The Position

Wells Fargo is seeking a Trust Officer – Fiduciary Specialist in the Fiduciary Terminations and Transfers Team as part of Wealth and Investment Management. This role involves administering a book of fiduciary relationships within a team-based environment. Responsibilities include analyzing trust and estate documents, implementing client estate plans, and ensuring client accounts are managed according to sound fiduciary principles and applicable law. The role requires engaging clients, advisors, and internal partners to deliver a high-touch client experience within a strong risk management framework. Building and maintaining knowledge of internal policies and procedures, such as distributions, account maintenance, account opening and closing, KYC requirements, annual account reviews, and management of overdrafts, is crucial. Additionally, the position involves identifying and recommending opportunities for process improvement and control development, serving as a subject-matter expert on fiduciary administration, including the interpretation of governing instruments, adherence to fiduciary principles and applicable laws, and the application of prudent investing standards. The role also entails acting as a thought leader and culture carrier for the firm to influence outcomes and build an inclusive, collaborative, and client-focused environment for fiduciary professionals.

Requirements

2+ 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

Solid understanding of trust administration practices, fiduciary responsibilities, estate settlement processes, and applicable tax considerations
Ability to manage a book of fiduciary accounts, including trusts, estates, investment agency, and custodial accounts
Experience interpreting trust agreements and legal documentation
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.

Responsibilities

Administer a book of fiduciary relationships within a team-based environment, including analyzing trust and estate documents, implementing client estate plans, and ensuring client accounts are managed in accordance with sound fiduciary principles and applicable law.
Engage clients, advisors and internal partners to deliver a high-touch client experience within a strong risk management framework.
Build and maintain a strong knowledge of internal policies and procedures including, but not limited to, distributions, account maintenance, account opening and closing, KYC requirements, annual account reviews, and management of overdrafts.
Identify and recommend opportunities for process improvement and control development.
Serve as a subject-matter expert on fiduciary administration, including the interpretation of governing instruments, adherence to fiduciary principles and applicable laws, and the application of prudent investing standards.
Act as a thought leader and culture carrier for the firm to influence outcomes and build an inclusive, collaborative and client-focused environment for our fiduciary professionals.