Senior Vice President, National Fiduciary Officer - BNY Mellon

Overview

Bring your ideas. Make history. 
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. This role is open to candidates located in Chicago, IL, Philadelphia, PA, Pittsburgh, PA and Wilmington, DE.

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. 
• Support Chief Fiduciary Officer in managing internal audits, regulatory exams, compliance testing, and control testing 
• 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. 
• Support National Fiduciary Team Leader and Regional Fiduciary Managers in developing and coaching Fiduciary team members across the country. 
• 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. 
• Advanced degree or the equivalent combination of education and experience is required.  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. 
• Candidates with experience evaluating new Fiduciary business opportunities to align with organizational risk appetite are strongly preferred.
• 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. 
• No direct reports; provides guidance to less experienced Fiduciary managers, officers and associates as needed.

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. We provide access to flexible global resources and tools for your life’s journey. 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.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.