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Trust Officer I
5 months ago
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us
Job Description:
- Responsible for the professional administration of fiduciary accounts including compliance with all regulations, policies and procedures
- Responsible for understanding the client's situation and circumstances, including knowing the clients extended family and younger generation. Develops and deliverers solutions to meet client needs
- Possesses technical fiduciary knowledge in the areas of law, tax, fiduciary investing, regulation, compliance as well as estate planning. Successfully works with centers of influence and the professional community to develop a network of external referral partners
- As the key associate on specific relationships, works with teammates to deliver our full array of integrated solutions, as appropriate
- Promotes the full breadth of our fiduciary platform (fiduciary, tax, special assets, estate settlement, both internally and externally to grow our fiduciary business and actively participates in the sales process.
- Collaborates with team members to consistently deliver on Bank of America's Private Bank value proposition.
Qualifications:
- 2+ years of successful experience in trust administration, servicing and managing fiduciary relationships with high net worth clients (or equivalent)
- Technically proficient in fiduciary law, tax investments and administration
- Additional Legal, Paralegal and/or JD a plus, not required
- Fiduciary Education and Training (desired)
Shift:
1st shift (United States of America)
Hours Per Week:
40
