Fiduciary Coordinator

About the role

Wells Fargo is seeking a Fiduciary Coordinator. A person in this role will be expected to understand fiduciary concepts and principles and apply those concepts and principles to complete account reviews at a targeted level of accuracy and timeliness. Completing account reviews will include conducting research using account documents as well as other applications, drawing conclusions from the research findings, and capturing the conclusions in the AAR system. Any errors or irregularities are noted through the creation of an Open Item.

Key responsibilities

• Independently support a team of fiduciary professionals to administer a book of fiduciary relationships, including implementing client estate plans, and ensuring client accounts are managed in accordance with sound fiduciary principles and applicable law
• Develop and maintain an understanding of fiduciary concepts and principles, including trust accounting and elements of a trust
• Execute on client requests, including moderately complex money movement, investment implementation and ongoing account management
• Receive direction from supervisor and escalate non-routine or high-risk issues
• Develop and maintain an understanding of policies and procedures including, but not limited to, payments, account openings and closings, and asset transfers
• Proactively identify fiduciary risk and suggest possible solutions
• Communicate independently with external clients and internal partners regarding client accounts
• Complete Administrative Account Reviews on Custody, Agency, Individual Retirement Account (IRA), Revocable Trust and Charitable Agency Accounts
• Compile a document package from research to support conclusions and responses in the AAR system

About you

• 1+ year of administrative or sales support experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Experience in managing Trust, IRA, Risk Management, Custody or doing complex research
• Completed at least two (2) years of college education
• Team player with the ability to collaborate effectively in a fast-paced work environment
• Strong attention to details and possesses good communication skills
• Amenable to observe a night shift schedule