Trust Officer I
Atlanta, Georgia
Job Description:
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!
Trust Officer I (TO I), Private Bank (PB) -
Provides fiduciary support and expertise to meet the needs of clients in support of the integrated delivery of products and services. Works closely with relationship managers and portfolio managers in defining client's requirements including legal and tax aspects, and in coordinating client contact on an ongoing basis. Typically an entry level position where smallest and least complicated issues are addressed. Non-licensed associate.
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:
3+ 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
Bachelors Degree preferred or equivalent Trust experience
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
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This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
