Lead Trust Closely Held Asset Manager - Lead Fiduciary Specialty Asset Manager

Wells Fargo & Company; Minneapolis (MN); On-site; USD 84,000 - 150,000; Full time

Job summary

Wells Fargo is seeking a Lead Fiduciary Specialty Asset Manager in Minneapolis. You will manage portfolios, analyze financial performances, and ensure compliance with regulations. Candidates should have significant experience in fiduciary services and strong analytical skills to support client service excellence. Join Wells Fargo in fostering diversity and delivering top-tier asset management solutions.

Benefits

Health benefits

401(k) Plan

Paid time off

Disability benefits

Tuition reimbursement

Scholarships for dependent children

Qualifications

• 5+ years of experience in Fiduciary Specialty Asset Products.
• Strong knowledge of financial analysis and trust law.
• Ability to synthesize complex findings for executive communication.

Responsibilities

• Lead initiatives regarding portfolio management of closely held business interests.
• Analyze financial statements and support account recommendations.
• Develop strong relationships with internal stakeholders and clients.

Skills

Financial analysis

Business development

Client service

Risk management

Communication

Education

Juris Doctor (JD) degree

Master of Business Administration (MBA)

BS in Accounting or Finance

Tools

MS Office

Job description

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.

About this role:

Wells Fargo is seeking a Lead Fiduciary Specialty Asset Manager... Working at Wells Fargo | Jobs and Careers at Wells Fargo (wellsfargojobs.com)

In this role, you will:

• Lead complex initiatives regarding portfolio of closely held business interests, including stock and other ownership interests, held in wealth management fiduciary accounts with broad impact and act as key participant in large-scale planning for Fiduciary Specialty Asset Products
• Perform on-going asset review reporting activities, including business financial and operating performance analysis, in order to assess and manage risk, support account acceptance and holding recommendations, and to ensure compliance with banking regulations, fiduciary standards and Wells Fargo s investment policy
• Establish solid business relationships with internal partners, business stakeholders, and centers of influence in order to provide an unparalleled level of client service in resolving asset related issues, carrying out asset sale negotiations, assisting in new business development and raising market awareness
• Analyze entity financial statements and tax returns, business operating information, complex legal documents and corporate actions
• Make decisions in complex and multi-faceted situations requiring strong understanding of the functions, policies, procedures and compliance requirements that influence and lead Fiduciary Specialty Asset Products to meet deliverables and drive new initiatives
• Strategically collaborate and consult with peers, colleagues and managers to resolve issues and achieve deliverables
• Communicate the recommendations, decisions and concepts derived from analysis to business executives, attorneys, CPA's and Wells Fargo internal professionals

The Closely Held Asset Manager will perform on-going asset review reporting activities, including business financial and operating performance analysis, in order to assess and manage risk, support account acceptance and holding recommendations, and to ensure compliance with banking regulations, fiduciary standards and Wells Fargo’s investment policy. Apply financial, operating and other relevant business information in appropriate valuation methodologies and models to derive and support pricing estimates. Establish solid business relationships with internal partners, business stakeholders, and centers of influence in order to provide an unparalleled level of client service in resolving asset related issues, carrying out asset sale negotiations, assisting in new business development and raising market awareness.

In addition, the Closely Held Asset Manager may serve on closely held entity Board of Directors and other governing bodies. Responsible for understanding and analyzing entity financial statements and tax returns, business operating information, complex legal documents and corporate actions. Communicates the recommendations, decisions and concepts derived from such analysis to business executives, attorneys, CPA s and Wells Fargo’s internal professionals. Provides guidance to less senior asset managers.

Required Qualifications:

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

Desired Qualifications:

• A Juris Doctor (JD) degree
• A Master of Business Administration (MBA)
• BS in Accounting or Finance
• Knowledge and understanding of financial industry closely held business practices
• Financial accounting/analysis experience
• Knowledge and understanding of business and trust and fiduciary law
• Experience building partnerships and consulting effectively with leadership
• Ability to synthesize complex analytical findings into executive level communications
• Ability to think creatively to find innovative solutions to complex analytical questions
• Knowledge and understanding of analytical methods used to: evaluate companies or financial statements
• Ability to prepare and present senior level communications
• Highly refined and professional verbal and written communications
• Intermediate MS Office (Teams, Word, Excel, Outlook, PowerPoint)
• Experience with trust system applications

Job Expectations:

• Ability to travel up to 20%

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$84,000.00 - $149,400.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. VisitBenefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

1 Jul 2025

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

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

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.