Director – Fiduciary Manager

Director – Fiduciary Manager

Requirements

• Bachelor’s degree or equivalent combination of education and experience required; JD or advanced/graduate degree preferred.
• 15+ years of experience administering complex fiduciary relationships with demonstrated leadership within wealth management or legal services.
• Strong knowledge of fiduciary laws, best practices, and wealth management business acumen.
• Proven track record in risk and compliance management, ensuring adherence to policies, procedures, and regulations.
• Experience managing large or specialized teams, including mentoring, training, hiring, and performance management of fiduciary professionals.

Responsibilities

• Develop and implement BNY Wealth’s nationwide strategy for fiduciary business, working with key internal business partners.
• Evaluate and mitigate fiduciary risk associated with new high-risk fiduciary business opportunities.
• Ensure consistency of execution of best practices and technology optimization for fiduciary administration activities across our Wealth Management business.
• Partner with market teams to determine that investment policies, procedures and guidelines protect the interests of the parties to a fiduciary account.
• Assist with the drafting of fiduciary policies, procedures, develop training materials thereon.
• Liaise with and support Fiduciary Specialists nationally, delivering on fiduciary administration, training, revenue, budget, and business strategy and serving as a subject matter expert to wealth teams on day-to-day fiduciary issues.
• Working closely with Fiduciary Leadership, oversee the implementation of key Wealth Management fiduciary policies and procedures.
• Participating in National or Regional Trust Administrative Committees.
• Partner with external facing colleagues and centers of influence to identify fiduciary solutions for high net worth, multi-generational families.

Preferred Qualifications

• JD or advanced/graduate degree preferred.