Description

Job Summary

The Wealth Strategist II serves as a subject matter expert in the area of wealth transfer strategies for ultra-high-net-worth (UHNW) individuals and multi-generational families within The Family Office at Synovus. This role provides consultative and analytical support to more senior Wealth Strategists and Family Office Advisors (FOA) and clients of TFO. The Wealth Strategist II will have the skills necessary to manage projects and collaborate with internal and external advisors independently and in conjunction with peers and more senior Wealth Strategists.

Job Duties and Responsibilities

• Executes and implements sophisticated wealth transfer strategies via complex wills, trusts, partnership and LLC operating agreements, shareholder agreements, buy-sell agreements, pre-nuptial and post-nuptial agreements. Manages a significant portion of projects with minimal oversight.
• Working independently and in conjunction with Wealth Strategist peers and more senior Wealth Strategists, works closely with and provides advisory and consulting services to FOAs, clients and advisors to clients such as accountants, attorneys, insurance advisors, and investment managers, across the entire spectrum of both legal and tax aspects of sophisticated wealth transfers techniques. Calls on the assistance of more senior Wealth Strategists as necessary.
• Participates in fiduciary risk management for fiduciary relationships within TFO. Supervises Wealth Strategist I and/or Wealth Strategies Coordinators organizationally assigned to Wealth Strategist II. Participates in the training and mentorship of more junior members of the Wealth Strategies team. Supervises work delegated to more junior Wealth Strategists and Wealth Strategies Coordinators. Provides training to internal team members related to areas of expertise.
• Provides financial planning to UHNW individuals and multi-generational families. Develops detailed financial projections associated with recommended wealth transfer strategies including detailed analyses and illustrations of consequences of recommended wealth transfer strategies with extensive consideration and impact of access to trust funds, impact of inheritance and other elements.
• Represents Synovus and TFO in professional association settings such as the State Bar Association and Estate Planning Councils. Maintains visibility of Synovus Trust Company and TFO in the professional advisors community. Assists more senior Wealth Strategists in preparing and delivering presentations to professional groups as part of continuing education programs.
• Interacts frequently with compliance, general counsel and outside counsel in representing TFO in connection with matters that impact TFO and its execution of its business model and its duties as a wealth advisory service and corporate fiduciary.
• Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
• Performs other related duties as required.

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Synovus is an Equal Opportunity Employer committed to fostering an inclusive work environment.

Minimum Education:

• Juris Doctor (JD) or Certified Public Accountant (CPA) designation.

Minimum Experience:

• Four years of law, accounting, wealth advisory, corporate fiduciary, family office experience representing ultra-high-net-worth individuals and multi-generational families.

Certifications:

• Active Member in good standing of state bar (applicable to attorneys only).

Required Knowledge, Skills, & Abilities:

• Detailed knowledge of both state and federal income tax and wealth transfer tax regimes
• Detailed knowledge of state law regarding both wills and trusts and the administration of estates and trusts
• In-depth knowledge of tax, fiduciary, estate planning, financial planning, and understanding of financial markets and investment theory
• Strong process and project management capabilities
• Strong communication and presentation skills
• Proficiency using word processing and spreadsheet software programs

Preferred Knowledge, Skills, & Abilities:

• Advanced degree such as JD, MAcc, MTX, LLM in Taxation or MBA and CPA