Wealth Banking Specialist (SAFE)

Wells Fargo Bank•Los Angeles, CA

1d•Hybrid

About The Position

Wells Fargo is seeking a Wealth Banking Specialist (SAFE) in Wealth Investment Management in Banking, Lending and Trust. This role involves managing and servicing a low to moderately complex affluent client relationship portfolio across lending, credit, and deposit products and services. The specialist will analyze client financial goals, make recommendations, and coordinate with internal teams to ensure clients have appropriate banking products. Key aspects include maintaining knowledge of market conditions, collaborating to resolve issues, ensuring effective risk management, and contributing to client experience goals by guiding less tenured staff. This position requires compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and Regulation Z (LO) due to customer contact involving dwelling secured transactions.

Requirements

2+ years of affluent banking, commercial banking, consumer banking, mortgage banking, or private banking experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
This position requires SAFE registration at the time of employment.
Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo policies. The LO qualification requirements include meeting applicable financial responsibility, character, general financial fitness and criminal background standards.
A current credit report will be used to assess your financial responsibility and credit fitness, however, a credit score is not included as part of the evaluation.
Successful candidates must also meet ongoing regulatory requirements including additional screening, if necessary
Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.

Nice To Haves

Experience in Wealth Management, Retail or Private Banking
Experience working with affluent client relationship portfolios, in lending, credit, cash and deposit products and services
Ability to manage clients, business and referral relationships
Experience reviewing and analyzing client financial goals and presenting recommendations
Knowledge of how to interpret business formation documents
Knowledge and understanding of opening new consumer & business deposit accounts, account maintenance, processing, Know Your Customer (KYC), wires and Technical Exceptions (TE)
Strong problem solving and conflict resolution skills
Ability to provide strong customer service while balancing the needs of clients, shareholders, and team members
Intermediate Microsoft Office (Teams, Outlook, Word, Excel, and PowerPoint) skills
Solid technical skills to learn and navigate multiple computer systems, applications, and utilize search tools to find information (SVP, CRM, Client link, TMT, DIPR, Salesforce)
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Excellent verbal, written, and interpersonal communication skills
Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
Collaborate effectively with relationship team members, client advisors and other colleagues
Ability to work effectively within a team and build strong working relationships across business channels and at all levels of management
Ability to take initiative with work independently with minimal supervision: Self-motivated: ability to proactively execute strategies to deepen and broaden relationships

Responsibilities

Manage and service a low to moderately complex affluent client relationship portfolio in lending, credit, and deposit products and services
Review and analyze client financial goals and changing needs, making recommendations to best fit the needs of the client
Maintain a working knowledge of changing market conditions delivered by the business division across various digital platforms
Proactively coordinate with the broader banking and internal teams (Financial Advisors, etc.) to ensure clients are in the correct banking product based on their financial activity
Collaborate and consult with peers, colleagues, and managers to resolve moderately complex issues and achieve goals, while building and maintaining a strong knowledge of internal policies and procedures
Maintain effective risk management through routine education, sound risk and operational decision making, and adherence to policies or procedures exercising independent judgment to guide medium risk deliverables
Ensure client experience goals are met by assisting in the development of less tenured staff by providing guidance on products and banking processes