Senior Fiduciary Officer and Treasury Lead

Overview

hackajob is collaborating with Wise to connect exceptional tech professionals with this role.

Company Description Wise is a global technology company building the best way to move and manage the world’s money. Wise aims to make international money movement simpler and cheaper for everyone, everywhere. As part of our team, you will help create an entirely new network for the world’s money.

For everyone, everywhere.

Job Description More about our mission and what we offer.

The Wise National Trust (WNT) Senior Fiduciary Officer will serve as a delegate of the WNT Board to manage the bank's fiduciary financial assets administration and investment activity. The individual will report directly to the Wise National Trust Chief Fiduciary Officer (CFIO).

The Senior Fiduciary Officer at Wise National Trust will be primarily responsible for the legal and compliant control and administration of the trusts’ fiduciary investment accounts, acting with the highest standards of care and loyalty towards WNT’s fiduciary customers. This role requires deep expertise in trust administration, strong knowledge of 12 CFR Part 9 regulations and a focus on regulatory risk management (especially fiduciary risk), and the ability to serve as a primary contact for fiduciary matters.

Overview

The Senior Fiduciary Officer is a key role that will assume joint custody and control over fiduciary account assets and execute investment transactions and cash allocations. They will be responsible for the day-to-day administration related to fiduciary funds safekeeping and related investment activity for WNT. This position ensures that all accounts are managed strictly according to the terms of the governing documents and policies, fiduciary law, and regulatory requirements, upholding WNT’s fiduciary duties.

Essential Duties And Responsibilities

• Fiduciary Investment Policy:
  Own and maintain WNT’s Fiduciary Investment Policy (Policy). Determine and finalize changes to the Policy, communicate confirmed changes to internal stakeholders, and execute timely communication plans to inform customers impacted by changes. Seek Board approval for Policy changes and renewals.
• Account Review and Fiduciary Asset Management:
  Conduct prompt review of assets for fiduciary accounts post account acceptance and at least annually in accordance with regulation. Safekeep fiduciary customer assets by opening and maintaining deposit and investment accounts in line with the Policy. Collaborate with internal stakeholders including Wise Treasury to ensure the investment strategy aligns with client objectives and best interests.
• Regulatory Adherence:
  Ensure strict adherence with OCC Regulation 12 CFR Part 9 and other applicable laws, regulations and internal policies. Maintain bonding and avoid use of material inside information in investments. Participate in external fiduciary audits and internal audits or compliance testing as required.
• Fiduciary Asset Reporting and
  
  Risk Management:
  
  Prepare fiduciary investment and asset reporting for WNT ALCO, Audit Committee, and other risk and compliance committees. Present state of fiduciary assets, investment activity, and potential risks and mitigants to relevant committees.
• Internal Governance and Reporting:
  Maintain internal policies and procedures for trust administration, conflicts of interest, and self-dealing. Prepare and present fiduciary activity and compliance reports to the CFIO and Board.
• Training and Leadership:
  Partner with the CFIO and Chief Compliance Officer to provide training and mentoring on fiduciary best practices, regulatory changes, and account administration requirements.
• Cross Functional
  
  Collaboration:
  
  Coordinate with finance, legal, compliance and risk teams on complex fiduciary, tax, and legal matters, including litigation and subpoena responses.

Qualifications

• Bachelor's degree in Finance, Accounting, or related field; professional certifications (e.g., CTFA) are highly valued.
• 8–10 years of progressive experience in fiduciary administration within bank trust departments, trust or asset management firms; other treasury, asset and investment management backgrounds are desirable.
• Extensive knowledge of 12…