Senior Lead Fiduciary Specialist - Estate Services

About the role

Wells Fargo is seeking a Senior Lead Fiduciary Specialist to oversee a team of fiduciary professionals responsible for the administration of trust and other fiduciary accounts. The role involves administering a book of fiduciary relationships, analyzing trust and estate documents, implementing client estate plans, and ensuring client accounts are managed in accordance with sound fiduciary principles and applicable law.

Responsibilities

• Administer a book of fiduciary relationships, including analyzing trust and estate documents, implementing client estate plans, and ensuring 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, 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.
• Serve as an escalation point for team members regarding client-related matters, including the resolution of client complaints and the approval of discretionary distributions.
• 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.
• Lead team to achieve business objectives and drive execution.
• Participate actively in Wells Fargo Trust's training and mentorship programs.
• Participate in marketing and development initiatives, including building connectivity with centers of influence.

Requirements

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

Qualifications

• Demonstrated experience leading the settlement and administration of complex estates, including coordination with attorneys, beneficiaries, tax professionals, and other fiduciary stakeholders throughout the estate settlement process.
• Proven leadership experience managing, coaching, and developing fiduciary professionals, including responsibility for training, mentorship, talent development, and fostering a high-performing team culture.
• Strong client-facing and business development skills, with experience presenting fiduciary solutions and estate planning concepts to clients, beneficiaries, financial advisors, and centers of influence.
• Exceptional relationship management abilities with a track record of building trusted partnerships with high-net-worth and ultra-high-net-worth clients, beneficiaries, financial advisors, and internal business partners.
• Experience identifying opportunities to deepen client relationships and collaborating with financial advisors and other partners to deliver comprehensive wealth management and trust solutions.
• Extensive experience in administering estates and deceased grantor trusts as an attorney or trust officer.
• Knowledge of complex estate planning strategies including tax strategies.
• Ability to read, interpret and explain will and trust documents, probate laws and tax provisions.
• JD, LLM, CFP or CTFA designations.
• Experience working with UHNW (Ultra High Net Worth) clients that have investable assets of $10MM+.

Pay

$167,000.00 - $260,000.00 base pay range; pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

Schedule

This sensitive role requires a required absence of 2 weeks.

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