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Senior Vice President, National Fiduciary Officer
3 months ago
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology.
We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration.
Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn.
Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself.
This is what#LifeAtBNYMellon
is all about.
As a leading wealth manager, BNY Mellon Wealth Management is focused on helping successful individuals and their families build, manage and sustain their wealth across generations and market cycles.
Through a unique service model focused on five Active Wealth practices — Investing, Borrowing, Spending, Managing Taxes, Protecting Legacies — they help clients in the U.S.
and abroad achieve stronger after-tax performance to help maintain their wealth over generations.
We're seeking a future team member for the role of Senior Vice President, National Fiduciary Officer to join our national Chief Fiduciary Officer team.
In this role, you'll make an impact in the following ways:
Advise Wealth Management team members on the interpretation of key document provisions and duties of BNY Mellon as trustee; work with internal partners and external advisors to find compliant and creative solutions that meet business needs and manage Fiduciary and operational risk.
Identify, assess, escalate and collaborate to resolve Fiduciary risk issues; vet and consider exceptions within BNYM's Fiduciary governance framework
Collaborate with Legal, Risk and Compliance to ensure alignment of fiduciary administration policies with organizational risk appetite and formal risk framework
Assist Chief Fiduciary Officer and National Fiduciary Team Leader with national projects to meet risk and regulatory objectives
Support execution of the national Fiduciary strategic plan to manage and grow Fiduciary relationships, including support of national marketing strategy and creation of internal resources and external Fiduciary thought leadership.
Develop relationships with centers of influence in the legal and trust/estate community to support business growth and strategic new business opportunities; collaborate with sales team and WM leadership to grow Fiduciary business
Support culture of proactive client service and Fiduciary risk management
Support Chief Fiduciary Officer team in enterprise and interdisciplinary Wealth Management projects/initiatives
To be successful in this role, we're seeking the following:
10+ years of experience in fiduciary administration, including understanding of fiduciary taxation, and experience managing large and complex client relationships.
JD strongly preferred.
Complementary professional designations are a plus.
The qualified candidate must be self-motivated and possess very strong interpersonal communication and presentation skills, as well as excellent written and verbal communication skills as this position deals directly with senior leaders and regulators.
Specific experience in the settlement of decedents' estates and probate will be helpful, as will experience in the administration of charitable trusts, ILITs, and special needs trusts.
Ideal candidates will also have subject matter expertise on Fiduciary topics that impact UHNW clients and in-depth knowledge of Fiduciary practices, policies and procedures.
As a national leader, consistent adherence to all organizational policies, procedures and regulations is required, along with timely completion of assigned compliance tasks.
Pre-requisites include a demonstrated history of continuous learning and adherence to the highest standards of fiduciary conduct, as this team member will serve in a leadership capacity and mentor/train less-experienced team members.
At BNY Mellon, our inclusive culture speaks for itself.
Here's a few of our awards:
Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg's Gender Equality Index (GEI)
Human Rights Campaign Foundation, 100% score Corporate Equality Index
Best Places to Work for Disability Inclusion , Disability: IN – 100% score
100 Best Workplaces for Innovators, Fast Company
CDP's Climate Change 'A List'
Our Benefits:
BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy.
Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.#J-18808-Ljbffr
