Senior Trust Officer
Bank of America
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Trust Officer II
Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.
The Private Bank as part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. Employs more than 4,100 professionals and maintains 135 offices in 33 states.
The Trust Officer is an experienced, well-rounded fiduciary professional who will partner with Private Client Advisors in closing new business and provide advisory consultation to clients.
* Proactively identify and harvest opportunities to deepen relationships within current client base
* Meet with key clients periodically to maintain relationships and identify issues / new business opportunities, and provide trust, estate, and wealth transfer planning advice
* Proactively engage other specialists within the Private Bank to best meet client needs (wealth strategists, Office of Chief Fiduciary, etc.)
* Proactively identify and resolve client issues
* Oversee all administration activities
* Document interpretation
* Oversee risk management activities
* Identify at-risk clients; proactively resolve issues / meet with at-risk clients as needed to drive retention
* Handle all administrative TASQs on assigned account
Qualifications / Desired Skills:
* Fiduciary professional with CTFA, CFP, AEP, JD, or CPA or related degrees
* Minimum of 2 years of trust administration and estate planning experience
Key Attributes / Competencies:
* Technical expertise in the areas of trust administration, fiduciary law, and estate and wealth transfer planning
* Initiative/proactive approach to problem solving
* Creative though prudent approach to providing solutions within Bank’s risk/reward profile
* Good people/partner communication skills / team player
* Knowledge of policies, procedures, regulatory requirements
* Ability to communicate and connect with high net worth clients
Shift:1st shift (United States of America)
Hours Per Week:40
Referral Bonus Amount:2500
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