Senior Trust Officer
| Company | Bank of America |
|---|---|
| Location | Worcester, MA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- 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
- Ability / drive to “ask for the order” to close sales
- Good people/partner communication skills / team player
- Knowledge of policies, procedures, regulatory requirements
- High level of savvy and sophistication re: high net worth clients’ concerns / issues
- Ability to communicate and connect with high-net-worth clients
- Bachelor’s Degree OR equivalent business experience, preferably a minimum of 5 years of trust administration and estate planning experience
Responsibilities
- Provides fiduciary administration support including the review of trust instruments, participating in matters where the trustee is exercising discretion, managing risk, and conducting periodic trust reviews
- Supports investment management accounts including the coordination of opening and closing accounts, money movement, and account maintenance
- Engages with clients and prospects to build and transfer wealth tailored to their unique goals, while delivering a high-quality experience
- Ensures compliance with regulatory and legal requirements related to client accounts and portfolios
- Identifies and develops new business opportunities by pursuing new or expanded relationships with existing clients and prospects
Preferred Qualifications
- CPA, CFP and/or CFA designation.
- A graduate degree such as MBA or JD preferred
- The ideal candidate will bring an appropriate mix of financial services expertise, management and business development experience