Senior Trust Officer

Bank of America   •  

Kansas City, MO

Industry: Accounting, Finance & Insurance

  •  

5 - 7 years

Posted 41 days ago

This job is no longer available.

U.S. Trust is 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. U.S. Trust employs more than 4,100 professionals and maintains 135 offices in 33 states.

Job Description:

The Sr. Trust Officer is a highly experienced, well-rounded fiduciary professional who will partner with Private Client Advisors in closing new business and will provide high level advisory consultation to clients.

Key Responsibilities:

  • Partner with PCAs to drive business development / close new Trust business in prospecting activities
  • 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 US Trust to best meet client needs (wealth strategists, Office of Chief Fiduciary, etc.)
  • Proactively identify and resolve client issues
  • Engage in high level trust administration; oversee all administration activities
  • Document interpretation
  • Oversee risk management activities
  • Identify at risk clients; proactively resolve issues / meet with at-risk clients

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
  • 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

Qualifications:

  • Fiduciary professional with CTFA, CFP, AEP, JD, or CPA (or 6 months away from obtaining certification)
  • Minimum of 5 years of trust administration and estate planning experience.

Job number: 18044452