Senior Securities Operations Specialist - Fiduciary Tax

About this role:

Wells Fargo is seeking a Senior Securities Operations Specialist as part of the Fiduciary Tax Services unit of Wealth and Investment Management Operations. Learn more about our career areas and lines of business at wellsfargojobs.com.

This tax technical Senior Specialist will support Fiduciary Tax Services as an individual contributor to ensure consistent and controlled oversight and review of the preparation of fiduciary income tax returns, charitable tax returns, transfer tax returns, and tax information reporting returns. The Senior Specialist will also serve as the point of contact for our primary tax vendor, PricewaterhouseCoopers, our administrative and investment partners in Banking Lending and Trust, and outside accountants.  

In this role, you will: 

• Lead or participate in moderately complex lifecycle initiatives and support tasks related to fiduciary, charitable, estate, gift, and inheritance tax requirements and tax return preparation

• Maintain databases which track the preparation of tax and information returns, receipt, and disposition of tax notices from federal and state taxing authorities, and confirmation and receipt of fiduciary tax refunds

• Independently resolve moderately complex issues and recommend opportunities for process improvement and risk control development

• Collaborate and facilitate coordination with trust and estate administrative officers, mid-level trust and trust directors to resolve issues and achieve goals

• Manage expertise in the following operational processes including reviewing and/or validating Forms W-8 and W-9 for withholding tax purposes

• Resolve moderately complex escalated issues with internal and external accountants and clients to complete the tax compliance process

• Research moderately complex business risks, influence policies, enhance customer satisfaction, and review time sensitive documents and transaction requests

• Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

• Contribute to overall effectiveness of the team and collaborate with colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 4+ years of Securities Operations experience, or equivalent demonstrated through one or a combination of the following:  work experience, training, military experience, education

Desired Qualifications: 

• 4+ years of fiduciary, charitable, and information tax return reporting and preparation experience

• 2+ years of Operational Risk and Control Management experience

• Demonstrated knowledge of estate, gift, and Generation-Skipping Transfer Tax (GSTT)

• Understanding of US state trust taxation issues for a national financial institution and exposure to SEI Trust 3000

• Effective problem solving, decision-making, organizational, multi-tasking, and prioritization skills

• Ability to work independently, proactively, innovatively and creatively while expressing sound judgement

• Ability to work in a fast-paced, deadline driven environment

• Excellent verbal, written and interpersonal communication skills

• Strong analytical skills with a high attention to detail and accuracy

• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

• Certified Public Accountant (CPA) designation or Enrolled Agent  or equivalent certification

• A BS/BA degree or higher in accounting, finance, or other business related field

• Advanced Microsoft Office Suite skills

Job Expectations:

• Ability to work a hybrid schedule

• Willingness to work on-site at stated location on the job opening

• This position is not eligible for Visa sponsorship

Posting Location:

• Charlotte, North Carolina

• Minneapolis, Minnesota

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.

$73,100.00 - $129,900.00

Posting End Date:

4 Mar 2025

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

We Value Diversity

At 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.

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.