What are the responsibilities and job description for the Vice President, Fiduciary position at BNY?
Job Description
We’re seeking a future team member for the role of Vice President, Fiduciary to join our Wealth Management team. This role is located in Philadelphia, PA.
In this role, you’ll make an impact in the following ways:
At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn
Here’s a Few Of Our Recent Awards
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
We’re seeking a future team member for the role of Vice President, Fiduciary to join our Wealth Management team. This role is located in Philadelphia, PA.
In this role, you’ll make an impact in the following ways:
- Administer and advise on the interpretation of key provisions and duties of BNY as trustee, ensuring adherence to the highest fiduciary standards for multi-generational families.
- Coordinate strategic plans to manage and grow existing client relationships with a strong focus on risk management and compliance.
- Interpret governing trust documents and collaborate with internal partners and external advisors, including clients, co-trustees, and beneficiaries.
- Evaluate and pursue new business opportunities, providing consultative advice to UHNW and HNW clients to achieve their strategic objectives through the firm’s solutions.
- Oversee fiduciary administration tasks, including discretionary and non-discretionary request approvals, account maintenance, and charitable account management.
- Identify, assess, escalate, and address risk-related issues promptly to protect client interests and the firm’s reputation.
- Serve as a subject matter expert on fiduciary topics, policies, and procedures, supporting the Wealth Management team and mentoring less-experienced colleagues.
- Drive business development by leveraging client and center of influence relationships to generate self-sourced asset inflows and future fee appointments.
- Bachelor’s degree or equivalent combination of education and experience required; advanced or graduate degree preferred.
- Minimum of 6 years’ experience in fiduciary administration, including fiduciary taxation, with a proven track record managing large client relationships.
- Strong self-motivation with excellent interpersonal, presentation, written, and verbal communication skills to effectively engage clients, prospects, and professional advisors.
- Professional certifications such as CTFA or CFP strongly preferred; additional complementary designations are a plus.
- Demonstrated ability to adhere to all policies, procedures, and regulatory requirements with timely completion of compliance tasks.
- Experience mentoring and training team members; no direct reports but provides guidance to Lead Analysts as needed.
At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn
Here’s a Few Of Our Recent Awards
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an “at will” position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.