The quantum dynamics of aĴ 2 = (ĵ 1 +ĵ 2 ) 2 -conserving Hamiltonian model describing two coupled spinsĵ 1 andĵ 2 under controllable and fluctuating time-dependent magnetic fields is investigated. Each eigenspace of J 2 is dynamically invariant and the Hamiltonian of the total system restricted to any one of such ( j 1 + j 2 ) − | j 1 − j 2 | + 1 eigenspaces, possesses the SU(2) structure of the Hamiltonian of a single fictitious spin acted upon by the total magnetic field. We show that such a reducibility holds regardless of the time dependence of the externally applied field as well as of the statistical properties of the noise, here represented as a classical fluctuating magnetic field. The time evolution of the joint transition probabilities of the two spinsĵ 1 andĵ 2 between two prefixed factorized states is examined, bringing to light peculiar dynamical properties of the system under scrutiny. When the noise-induced non-unitary dynamics of the two coupled spins is properly taken into account, analytical expressions for the joint Landau-Zener transition probabilities are reported. The possibility of extending the applicability of our results to other time-dependent spin models is pointed out.