Senior Estate Officer - Senior Fiduciary Specialist

About the role

Wells Fargo is seeking a Senior Estate Trust Officer - Senior Fiduciary Specialist in Estate Services as part of Wealth and Investment management.

In this role, you will:

• Administer a book of fiduciary relationships within a team-based environment.
• Analyze trust and estate documents, implement client estate plans, and ensure 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 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.
• Train and mentor junior team members.
• Participate in marketing and development initiatives, in conjunction with team leaders.

Responsibilities

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.

Train and mentor junior team members.

Participate in marketing and development initiatives, in conjunction with team leaders.

Requirements

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

Qualifications

• Extensive experience in administering estates and deceased grantor trusts as an attorney or trust officer.
• Solid understanding of trust administration practices, fiduciary responsibilities, estate settlement processes, and applicable tax considerations.
• 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 with the ability to explain difficult financial, tax and legal concepts to internal partners and clients.

Skills

• Ability to manage a complex book of fiduciary accounts acting as the primary point of contact for beneficiaries and related parties.
• Knowledge of complex estate planning strategies including tax strategies.
• Ability to interpret trust agreements and legal documentation.
• Ability to manage a complex book of fiduciary accounts acting as the primary point of contact for beneficiaries and related parties.

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement