What are the responsibilities and job description for the Senior Trust Associate Special Needs Trust Services - Senior Fiduciary Coordinator position at Wells Fargo?
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. 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
Wells Fargo is seeking a Senior Trust Associate Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com)
R-526455
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).
Wells Fargo is seeking a Senior Trust Associate Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com)
- Support a team of fiduciary professionals to administer a book of relationships in Special Needs Trust Services, including implementing client estate plans, and ensuring client accounts are managed in accordance with sound fiduciary principles and applicable law.
- Develop and maintain a proficient understanding of basic fiduciary concepts and principles, including trust accounting and elements of a trust.
- Execute on client requests, including money movement, investment implementation and ongoing account management.
- Develop and maintain an in-depth knowledge in the use of Wells Fargo Trust systems.
- Articulate Wells Fargo Trust's processes to internal partners.
- Develop and maintain an in-depth understanding of policies and procedures including, but not limited to, payments, account openings and closings, and asset transfers.
- Demonstrate a high level of organizational skills, including time and priority management.
- Deliver high-quality work-product within stated deadlines.
- Identify fiduciary risk and suggest possible solutions.
- Seek involvement with infrastructure-related projects to improve Wells Fargo Trust's business operations, client service, and risk management.
- Independently communicate with internal partners regarding client accounts.
- 4 years of administrative or sales support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Experience in Wealth Management or Retail Banking
- Knowledge and understanding of opening new consumer & business deposit accounts, account maintenance, processing, Know Your Customer (KYC) and Technical Exceptions (TE)
- Experience working with Affluent client relationships
- 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 communication skills.
- Intermediate Microsoft Office (Word, Excel, and Outlook) skills
- Experience in a client facing environment
- Customer service experience
- Administrative support experience
- 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. Information will be shared about expectations during the recruitment process.
R-526455