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 Senior Fiduciary Specialty Asset Manage to support Oil and Gas Services within its Wealth & Investment Management division. Learn more about the career areas and lines of business at wellsfargojobs.com .
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, planning, and retirement products and services to meet clients' unique needs and to help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence.
WIM is also a leading provider of trust and fiduciary services, including a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients. These specialized fiduciary services include Real Estate Asset Management Services.
In this role, you will:- Lead or participate in management of a moderately complex portfolio of oil, gas and mineral asset within wealth client management
- Assess risk and ensure compliance with banking regulations related to on going asset review reporting activities
- Research and perform moderately complex tasks such as selling assets, negotiating leases, inspecting assets, asset reporting, and arranging appraisals as necessary
- Resolve valuation methodologies and models to derive and support pricing estimates and lead team to meet wealth client management deliverables while leveraging solid understanding of banking regulations, fiduciary standards and Wells Fargo investment policy
- Collaborate and consult with business executives, attorneys, certified public accountants, Wells Fargo internal professionals, customers and vendors to communicate recommendations, decisions and concepts derived from research
* In this role, you'll work directly with Trust Officers and Trust Clients to create, enhance, and expand their Wealth and Investments Management (WIM) relationships. Receives, establishes and administers trust oil, gas and mineral asset portfolios. Confers with customers, professionals and vendors regarding establishment, administration and operation of trust assets. Duties may include negotiating leases, executing division orders, completing Regulation 9 reviews, inspecting assets, approving authority for expenditures and joint interest billings, selling assets, closing accounts and arranging appraisals as necessary. Develops new business through servicing customers and interaction with external resources. Incumbents in this job level typically have expertise in Oil and Gas asset administration.
Required Qualifications:- 4+ 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:- Experience with wealth management and asset management
- Experience working with trusts and estates
- Experience with oil, gas and mineral management
- Experience in trust oil, gas and mineral asset administration
- Experience closing and selling assets, and arranging for land/mineral appraisals
- Intermediate Microsoft Office (Word, Excel, and Outlook) skills
- Excellent verbal, written, and interpersonal communication skills
- Negotiating mineral lease experience
- Relationship management and asset management (and/or property management) experience in an environment serving private, high net worth clients (not institutional).
- Proven ability to manage mineral assets in a consultative fashion for clients and professionally executing acquisitions, dispositions, leasing, and/or project management assignments for various property types and other complex assignments
- Registered Professional Landman or Certified Professional Landman (AAPL) or Certified Mineral Manager (NARO)
- Demonstrated ability to develop and enhance client relationships leading to increased revenue
- Sound judgment, problem solving, and risk assessment in the application of analytical conclusions and management recommendations
- Proven ability to build and maintain relationships and work effectively in a team environment
- Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
- Strong analytical skills with high attention to detail and accuracy
- Ability to make timely decisions in complex situations that demonstrate sound rationale, experience and judgment
- Experience in a client facing environment
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
- Ability to work effectively, as well as independently, in a team environment
Job Expectations:- Ability to travel up to 10% of the time
- Candidate must be able to travel to and ambulate through both ADA and non-ADA compliant environments.
Posting End Date: 13 Dec 2024
*Job posting may come down early due to volume of applicants. We Value DiversityAt Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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.
Candidates applying to job openings posted in US: 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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
