Fiduciary Coordinator

About this role:

Wells Fargo is seeking a Fiduciary Coordinator.

We believe in the power of working together because great ideas can come from anyone. Through collaboration, any employee can have an impact and make a difference for the entire company. Explore opportunities with us for a career in a supportive environment where you can learn and grow.

In this role, you will:

• 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

• 2+ years 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

• The Manila Team will support Trust Services by completing Administrative Account Reviews on Custody, Agency, Individual Retirement Account (IRA), Revocable Trust and Charitable Agency Accounts. The AAR Process does not involve customer interaction.
• 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 acccunt reviews will include: conducting research using account documents as well as other applications, drawing conclusions from the research findings, and capturing conclusions in the AAR system. Any errors or irregularities are noted through the creation of an Open Item.
• The AAR system. provides the guidance for the research using a series of questions, based on the account type. In addition, the person will compile a document package from the research to support the conclusions and responses in the AAR system. Continuous learning will be required via a variety of methodologies including formalized courses and on-the-job
  training.
• The successful hire must be amenable to observe a night shift schedule and work on an onsite set-up (Five NEO, Taguig).