Trust Officer jobs in United States, Delaware, Wilmington

Job Role and Responsibility:Lead complex initiatives impacting credit strategies across the customer lifecycle from acquisitions to collections. Advise senior leadership to develop and implement strategies, programs, and policies with a direct and significant impact on credit risk appetite. Demonstrate understanding of credit risk data, strategies and models across customers’ life cycle. Lead multiple analytical projects under tight timelines; ensure projects are completed on time and meet internal client expectations. Lead quantitative analytics using programming tools (SQL, SAS, and/or Python) to analyze data from a variety of sources to develop unsecure lending credit strategies. Lead credit strategy redesign and marginal hurdles framework that aligns with overall risk appetite. Deliver solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others. Effectively collaborate and consult in a matrix organization with peers, colleagues and managers to resolve issues and achieve goals. Present results of analysis and strategies to senior executive leadership. Interact with internal and external customers. Collaborate with business for oversight of risk management. Interact with Audit, Legal, external agencies, and regulatory bodies on risk related topics. Remote / telecommute work available, up to 2 days per week. Position required to appear in person at the location listed.

None

Required Qualifications:

Position requires a Bachelor’s degree in Engineering, Economics, Mathematics, Statistics, or related quantitative field and seven (7) years of experience in the job offered or in a related role involving credit risk.

Specific skills required:

• Five (5) years of programming experience in Python, SAS, and SQL with hands on experience handling large datasets
• Five (5) years of statistical analysis and knowledge of Machine Learning techniques
• Experience in managing originations/account management decision engine strategies
• Lead complex initiatives impacting credit strategies across the customer lifecycle from acquisitions to collections.
• Knowledge of P&L drivers for credit card/other unsecured lending products
• Knowledge and understanding of databases and data mining techniques

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

DESCRIPTION:

Duties: Design, develop and implement software solutions. Solve business problems through innovation and engineering practices. Involved in all aspects of the Software Development Lifecycle (SDLC) including analyzing requirements, incorporating architectural standards into application design specifications, documenting application specifications, translating technical requirements into programmed application modules, and developing or enhancing software application modules. Identify or troubleshoot application code-related issues. Take active role in code reviews to ensure solutions are aligned to pre-defined architectural specifications. Assist with design reviews by recommending ways to incorporate requirements into designs and information or data flows. Participate in project planning sessions with project managers, business analysts, and team members to analyze business requirements and outline proposed solutions.

QUALIFICATIONS:

Minimum education and experience required: Bachelor's degree in Computer Engineering, Computer Science or related field of study plus 5 (Five) years of experience in the job offered or as Software Engineer, Module Lead, Programmer Analyst, IT Consultant, or related occupation.

Skills Required: This position requires experience with the following: Designing and developing web based applications using Java and J2EE technologies; Building applications using JSON data files or service payloads for data transfer; Developing software using Spring Framework components such as Spring Boot, and using Maven to resolve the dependencies and build the application; Designing independently deployable, loosely coupled, components using Microservices architecture and developing those by following REST principles; Designing and developing dynamic web applications using JavaScript and jQuery; Developing applications and performing exploratory data analysis to store and retrieve enterprise data using Oracle and Cassandra Databases; Enhancing application data retrieve capability by using object relational mapping tools such as Hibernate; Designing and developing distributed real time message systems by using Apache Kafka; Developing deployable, auto scalable, cloud native web applications by using Cloud Services such as AWS, Pivotal Cloud Foundry, or Azure; Providing secure and friction less experience to the application end users by following appropriate SOAP and REST principles and developing web services; Performing Unit Testing and Regression Testing on applications using Junit, Selenium, and Cucumber; Performing deployment analysis and application setup on Apache Tomcat server; Measuring web based applications and API response times by conducting Performance Testing; Using Splunk and Dynatrace to develop 24X7 monitoring for application logs and performance and alerting appropriate entities; Enhancing software development processes by adhering to continuous integration or continuous delivery principles to integrate Jenkins with API's and web based applications; Using GIT version control to track the progress of application code across software development lifecycle and its multiple iterations.

Job Location: 300 N King St, Wilmington, DE 19801.

Job Description:

Job Description:

Key Responsibilities:

• Work with clients, their attorneys and other professionaladvisors includingco-trustees, investmentadvisors, accountants,

• Respond to requests frombeneficiaries includingrequest for discretionarydistributions. Obtainsupporting documents such as tax returns andbudgets. Preparediscretionary distributionrequest outliningthe dispositive provisions and otherrelevant languagein the trust agreement and make recommendations regarding how the Trust Company should exercise discretionary powers pursuant to the terms of the governing instrument. Confer with co-trustee (if any) to obtain his/herapproval. Communicate thedecision to client.

• Minimize account risk by analyzing trust documents and performing annual account reviews for compliance with trust provisions, state and federal regulations, and trust policy andprocedure adherence. Utilizerisk management tools, such as the overdraft report, daily transactionreport, etc.

• Communicate withinvestment advisors, portfolio managers,and financial advisors regardinginvestment matters and liquidity needs.

• Work with the Account Opening Group to open trust accounts. Interpret the governing instrument to ensure the proper set-up of account records, including payments, fee schedules and tax records. Communicate with beneficiaries and co-trustees to outline administrative procedures.

• Must have detailed knowledge of how trusts function and are administered. Prior experience administering Delaware Directed Irrevocable Trusts is preferred.

• Need to be detail-oriented and be able to manage multiple priorities and projects. The trust officer should have excellent time management and organizational skills. Since the trust officer will interact with clients and their advisors, the trust officer should also have very strong communication and interpersonal skills.

• Must be able to effectively coordinate with the Bank’s Tax Team, various fund managers, and the clients’ personal tax preparers to ensure information is shared with the appropriate parties for timely completion of the applicable tax returns.

• Eager to contribute ideas to continuously improve systems and processes to ensure we can deliver the best possible service for our clients.

• Willing to mentor junior associates to help with their growth and development.

• Adhere to the Bank’s core values of delivering together, acting responsibly, realizing the power of our people, and trusting the team.

Desired Qualifications:

• 7 plus years of trust experience
• Bachelor’s degree required or equivalent experience, CTFA or JD preferred.

Skills:

• Account Management
• Analytical Thinking
• Attention to Detail
• Client Management
• Customer and Client Focus
• Active Listening
• Collaboration
• Critical Thinking
• Prioritization
• Relationship Building
• Mentoring
• Oral Communications
• Organizational Effectiveness
• Problem Solving
• Written Communications

About this role:

This Lead Credit Risk Officer will report to the Senior Manager leading the Consumer Credit card products, with functional alignment within Transformation Risk. This individual will be responsible for Transformation Risk and associated analytics across all Card products, in support of continued process evolution across the organization to better serve partners, be more efficient in delivery, and to strengthen risk oversight provided by this group.

In this role, you will:

• Serve as subject matter expert for the design and implementation of Loss Forecasting architecture, including process optimization
• Identify and recommend opportunities for transformation of data into actionable information that drives business outcomes, strategies, and risk control development
• Enhance existing processes; develop business requirements for process changes; prepare Change Management documentation and present recommendations to key stakeholders
• Partner with cross enterprise risk analysts in development of loss forecasting architecture
• Be responsible for process production, data reconciliation, and process documentation in alignment with policy governance
• Lead complex initiatives related to portfolio loss forecasting, stress testing, allowance, and risk appetite for credit cards
• Inform Credit Strategy teams on loss trends to influence credit policy and Risk Appetite
• Resolve data, production, business modeling, and lead team to meet deliverables while leveraging solid understanding of risk reporting policies, model risk management procedures, regulatory requests, and compliance requirements
• Mentor less experienced associates on proper procedures and by sharing data/business knowledge across the team

Required Qualifications:

• 5+ years of Credit Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Strong working knowledge in Loss Forecasting, Risk Appetite, CECL, CCAR, P&L evaluation, Consumer Risk strategies
• Strong programming skillset using analytical tools including SAS, Python, R, Tableau, PowerBI
• Strong understanding of RCSA, Data Management Policy and/or Model Risk Policy

• Experience in supporting transformation initiatives, and/or process improvements and design initiatives at a large organization with the ability to drive productive change

  Strong ability to visualize outcomes based on intent (what and why) and develop and drive solutions (how)

• Excellent project management skills in managing multiple projects with challenging timelines
• Excellent written and verbal communication skills; ability to clearly narrate results and recommendations to management
• Proven ability to adapt to change in requests and/or requirements, raised with short deadlines
• Excellent collaboration skills
• Post-graduate degree with an emphasis in a quantitative discipline such as economics, finance, mathematics, or statistics

Job Expectations:

• Ability to work at one of the approved locations in the job posting.
• This position currently offers a hybrid work schedule.

Job posting Locations:

• 1445 Ross Ave Dallas, TX
• 2200 Concord Pike. Wilmington, DE
• 1150 W Washington St., Tempe, A
• 401 S Tryon St Charlotte, NC

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

• Recommends loan solutions in accordance with lending guidelines and clients' requirements.
• Manages a portfolio of customer relationships. Seeks prospective opportunities to retain and/or develop new clients. Responsible for sales calls.
• Develops and prepares loan solutions and refers products and services; reviews documentation to ensure compliance. Manages customer pipeline for efficiency.
• Collaborates with internal and external stakeholders to complete mortgage transactions.
• Collects and analyzes customer financial information for multifaceted and/or complex borrowers.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and requiredneeded to be successful in this position.

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

Refer to the