Vice President, Fiduciary

About the role

Vice President, Fiduciary I at BNY Mellon, a leading global financial services company, is seeking a dynamic individual to join the Wealth Management team. This role is based in Pittsburgh, PA.

Responsibilities

• Administers and advises the Wealth Management team on the interpretation of key provisions and duties of BNY Mellon as trustee.
• Coordinates the strategic plan for managing and growing existing client relationships, with a focus on risk management.
• Understands and works with governing trust documents to manage and grow client relationships.
• Maintains open communication with clients, co-trustees, and beneficiaries to ensure adherence to fiduciary standards.
• Assesses and addresses risk-related issues, orchestrating administrative tasks through the Wealth Management team.
• Assists with complex accounts, gaining breadth and depth of knowledge.
• Manages charitable accounts, applying specific knowledge of policies and procedures.
• Evaluates and pursues new business opportunities, generating revenue through increased flows and future fees.
• Frequent and regular interaction with clients, serving as their primary point of contact.
• Administers and plans projects as requested by clients, peers, and strategic opportunities.
• Manages client requests and approvals for discretionary and non-discretionary accounts, including proxy and statement reporting.
• Works with other functional teams to pursue client and COI relationships, generating self-sourced asset inflows.
• Supports the achievement and support of organic growth of assets and revenue goals assigned to the team and practice.

Requirements

• Bachelor’s degree or equivalent combination of education and experience, with an advanced/graduate degree preferred.
• At least 6 years of experience in fiduciary administration, including fiduciary taxation, and managing large client relationships.
• Self-motivated with strong interpersonal communication and presentation skills, as well as excellent written and verbal communication skills.
• CTFA, CFP certification preferred.

Qualifications

• Knowledge of estate settlements and probate processes.
• In-depth knowledge of WM’s fiduciary practices, policies, and procedures.
• Ability to evaluate and pursue new business opportunities.
• Experience in client-focused work, including administration and planning projects.
• Strong business development orientation and mindset.

Skills

• Strong understanding of fiduciary law and trust documents.
• Excellent communication and interpersonal skills.
• Ability to manage and grow client relationships.
• Proficiency in managing administrative tasks and client interactions.
• Ability to assess and address risk-related issues.
• Strong analytical and problem-solving skills.

Benefits

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs, including a range of family-friendly, inclusive employment policies and employee forums. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

Pay

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.

Schedule

The schedule for this role is not specified in the job description.