Trust Officer - Fiduciary Specialist

Wells Fargo Bank•Long Beach, CA

17h•$72,000 - $109,000•Onsite

About The Position

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: 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). About this role: Wells Fargo is seeking a Fiduciary Specialist Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com) In this role, you will: Facilitate review and approval of trust distributions; initiate, review, and approve directed trades on non-managed custodial accounts; work with key stakeholders on the set up and maintenance to ensure compensation for trust relationships; work with key stakeholders to ensure the set-up of online access and ensure that client distributions are managed in accordance with sound fiduciary principles and applicable law. Engage stakeholders, 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, money movement approvals, pledge coding and maintenance, and account maintenance. Identify and recommend opportunities for process improvement and control development. 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.

Requirements

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

Nice To Haves

Bachelor’s degree preferred
Experience wealth or trust administration
Ability to work effectively within a team and build strong working relationships across business channels and at all levels of management.
Experience with money movement, client directed trades, and account maintenance.
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

Facilitate review and approval of trust distributions
Initiate, review, and approve directed trades on non-managed custodial accounts
Work with key stakeholders on the set up and maintenance to ensure compensation for trust relationships
Work with key stakeholders to ensure the set-up of online access and ensure that client distributions are managed in accordance with sound fiduciary principles and applicable law
Engage stakeholders, 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, money movement approvals, pledge coding and maintenance, and account maintenance
Identify and recommend opportunities for process improvement and control development
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.