WIM IFS Fee Oversight and Underwriting Consultant - Business Support Consultant 3

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wealth & Investment Management, or WIM, is one of the United States’ leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, and retirement products and services to meet clients’ unique needs and help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. We accomplish this by:

o Building enduring client relationships through sound, thoughtful, and objective advice
o Developing individualized plans for clients to help meet their financial objectives
o Helping clients build, manage, preserve, and transition their financial resources and wealth

WIM serves clients through the following businesses:

o Wells Fargo Private Bank serves high-net-worth individuals and families.
o Abbot Downing serves ultra-high-net-worth individuals and families.
o Wells Fargo Advisors provides investment advice and guidance to clients through more than 13,200 full-service financial advisors and referrals from more than 5,450 licensed bankers.
o Wells Fargo Asset Management brings together a strategic balance of investment capabilities to serve the investment needs of institutions, financial advisors, and individuals worldwide.

Through Wells Fargo Private Bank and Abbot Downing, WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services and a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients.

As part of the WIM Next Generation efforts to create horizontal functions to support all client coverage channels, a new organization has been formed to drive delivery of its non-investment products and services. This new group, Wealth Client Solutions, brings teams and functions currently found across WIM’s consumer businesses under a common, WIM-level organization. The team will be focused on transforming from channel-based to client-focused solutions and delivery in an effort to reduce operational risk, improve efficiency, increase consistency/coordination, and bring focus on product management / development to drive innovative growth and improve the client experience. Additionally, the new group will drive a WIM-level culture of product management excellence by creating a culture of innovation, product excellence, client service and risk mitigation.

This team is responsible for the following functions:

• Lending and Banking Products (custom and consumer packaged)
• Deposit Strategy and Management
• WIM Enterprise Partnerships
• Trust and Fiduciary Services Management
• M&A Business Advisory Services

The Role

• The IFS Fees Oversight and Underwriting Consultant is a member of a team within Banking, Lending & Trust that will be responsible for the centralized management, execution, and coordination of fee documentation and set up for the Private Wealth Management business.
• The IFS Fees Oversight and Underwriting Consultant will work closely with both PWM relationship managers and WIM Operations to perform fee underwriting and oversight activities, including client documentation review and completion, fee discount analysis, account research, fee set up review and problem solving within a disciplined and repeatable process.
• This position will work closely with WIM leadership in Banking, Lending & Trust, Private Wealth Management and WIM Operations.
Additional responsibilities include:
• Provide consulting on fee set up for the trust business, including questions which may arise relative to business acceptance or calculation fee payments.
• Provide miscellaneous consulting and education for administrative, operational or specialty groups.
• Manage relationships and foster a team orientation with risk and business control leaders across WIM Control, compliance, legal, audit, and other enterprise functional teams.

The Candidate

Leadership, integrity, and credibility will be determining factors in selection. Successful candidates will be engaging, disciplined and possess a demonstrated execution capability; they will focus on inter-personal effectiveness and demonstrate an intellectual curiosity and desire to learn. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed corporate environment. The role requires a sense of urgency, passion for results, and personal accountability for achievement.

*This position may be based anywhere within the Wells Fargo footprint.

Salary range is determined by location of the job.

The salary range displayed below is based on a Full-time 40 hour a week schedule.

NC-Charlotte: Min: $78,100 Mid: $110,000 Max: $141,900
MN-Minneapolis: Min: $78,100 Mid: $110,000 Max: $141,900

May be considered for a discretionary bonus.

• 6+ year of experience in one or a combination of the following: business support, project management, implementation, business operations or strategic planning in financial services demonstrated through work or military experience

• Advanced Microsoft Office skills
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy

• Understanding of trust business, including fees
• Deep technical understanding of business operations, processes, products, and customer interactions and where they manifest risk
• Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders and regulators, to include virtual, matrixed leadership experience and the ability to effectively manage and build relationships within the business and enterprise Risk function
• Proven leadership and project management skills to drive alignment across stakeholder groups to develop and deliver repeatable end to end risk management solutions and controls aligned with business/customer processes
• Deep understanding of risk framework, corporate/business policies, and programs to translate into plans for the business, function and/or risk type
• Demonstrated leadership ability that embodies the Wells Fargo Vision and Values and leadership competencies
• Strong analytical ability used to identify risks and confidently raise issues, escalate early and engage in constructive credible challenge and will do so independently when necessary
• Proven ability to proactively manage and resolve conflict and effectively defend decisions with objective rationale
• Demonstrated ability to solve problems and analyze issues when you collect data from multiple sources and know how to ask the right questions to obtain the information needed to size up a situation properly
• Ability to articulate complex concepts in a clear manner

The salary range displayed below is based on a Full-time 40 hour a week schedule.
NC-Charlotte: Min: $78,100 Mid: $110,000 Max: $141,900
MN-Minneapolis: Min: $78,100 Mid: $110,000 Max: $141,900

NC-Charlotte: 401 S Tryon St - Charlotte, NC
MN-Minneapolis: 90 S 7th St - Minneapolis, MN

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.