Trust Senior Associate

Found in: Talent US C2 - 3 weeks ago


Fort Lauderdale, United States Bank of America Full time

Description

:
  In addition to the ability to deliver generalist support, and as part of the Client Team, actively support Senior Trust Officers and Trust Officers to meet clients’ trust needs and expectations Serve as an additional point of contact to clients and/or as backup for the Trust Officers Initiate and monitor client onboarding including account opening and asset transfer; handle client inquiries related to the on-boarding process; KYC refresh and ongoing requests, digital engagement and fulfillment Responsible for:Complex party maintenanceAdministrative Review (IM&T)Transaction Processing and ManagementMoney Movement (Trust)Specialized Fiduciary TransactionsDiscretionary and action mattersUPIA, Equitable Adjustments and 65 Day TaxAccount Pay Service ProviderGeneration Skipping Tax – ProcessingAsset Transfer - complexAdministrative duties as requiredSupport initial review of IPS process Perform servicing, fulfillment and account maintenance activities, which are primarily trust/fiduciary-related that include PACE/Trust Web accounting transactions, deposits/transfers, etc. Leverage experience and deep expertise especially with the most complex administrative trust needs to manage and/or execute client transactions  Proactively identify deepening opportunities while performing existing responsibilities and engaging in meaningful interactions Coordinate with Client Teams and partner to deliver an integrated service to the client and identify and resolve issues in an effective and timely manner Participate in Client Management Process (CMP) activities including supporting delivering a branded client experience and meaningful interactions Ensure adherence to all internal policies and compliance to legal and regulatory requirements

Qualifications:

Minimum of 4-5 years of experience with a financial institution focusing on high net worth client service and sales Ability to successfully complete assessment of critical skills BS/BA degree in Business, Finance, Economics or Law desired Ability to obtain and maintain SAFE Act registration

Skills:

Active Listening Adaptability Attention to Detail Emotional Intelligence Prioritization Collaboration Critical Thinking Decision Making Oral Communications Written Communications Drives Engagement Innovative Thinking Mentoring Networking Problem Solving

Shift:

1st shift (United States of America)

Hours Per Week: 

40

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