Trust Officer - Philadelphia, United States - Wells Fargo

Wells Fargo

Verified Company

Philadelphia, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

About this role:

In this role, you will:

Conduct comprehensive reviews of account activity and terms of all types of accounts following Wells Fargo policies/procedures
Provide the general administration for a book of assigned investment management and trust accounts
Perform fiduciary duties as an officer of the bank
Participate in less complex day to day activities associated with managing and controlling risk to the probate or trust accounts in compliance with governing document, bank policy and procedure as well as statutory and common law requirements
Administer client accounts in order to create, expand, and serve relationships
Identify customer needs and offer solutions
Review and analyze probate and administrative trust portfolios that require research, evaluation, and selection of alternatives and exercise independent judgment to guide medium risk deliverables
Set up, administer, terminate and distribute complex accounts of all types
Develop knowledge of investment strategies, objectives, and asset allocations
Present recommendations for resolving more complex situations and exercise independent judgment while developing expertise in the function, policies, procedures, and compliance requirements in Fiduciary Products functional area
Mentor and provide work direction
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
Interact with internal and external customers
Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

Required Qualifications:

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

Desired Qualifications:

Knowledge and understanding of estate, trust, or fiduciary administration
Ability to review trust agreement documents and ensure bank compliance
Ability to read and interpret legal documents
A BS/BA degree or higher (such as JD/LLM) in law or trust and wealth management
Certified Trust and Financial Advisor (CTFA) or working towards obtaining this certification
Intermediate Microsoft Office skills
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Ability to interact with all levels of an organization
Ability to take initiative and work independently with mínimal supervision in a structured environment
Ability to work effectively in a team environment
Solid problemsolving skills

Job Location

100 N 18th ST, Philadelphia PA, 19103

Job Expectation

Ability to work in a hybrid environment which you will be required to work at least 3 days in the office and 2 days remote

Required location listed above. Relocation assistance may be available for this position.

May be considered for a discretionary bonus as well as a sign-on bonus.

This position is not eligible for a Visa sponsorship.

Posting End Date:

29 May 2024

Job posting may come down early due to volume of applicants.

We Value Diversity

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company.

They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions.

There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.