Bank of America Trust Officer II- Seattle in Seattle, Washington

Job Description:

Job Description:

The Trust Officer II (“TO II”) is an experienced, well-rounded fiduciary professional whose primary responsibility is to administer and manage a book of trust and investment management accounts. In addition, the TO II works closely with local US Trust teams to identify and close new business and provide advisory consultation to clients.

Responsibilities include:

• Engage in high level trust administration; oversee all administration 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 suggestions and ideas

• 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

• Working with other specialists, read and interpret governing documents and agreements

• Oversee risk management activities

• Proven ability to partner effectively both internally and externally

Qualifications/Desired Skills:

  • Ability to work independently in a multi-tasking, high-volume account and client servicing environment with efficiency and accuracy

  • Candidates who are detail-oriented and able to interact with multiple sales teams and generate work product and address issues in a timely manner are viable candidates

  • Strong verbal and written communication skills are critical for this role as it requires significant interactions with clients, their advisors, intermediaries and colleagues.

  • Prior experience with fiduciary accounting systems & tax reporting is a definite plus

Technical Knowledge:

  • Knowledge of advanced trust concepts and vehicles

  • Awareness of advanced fiduciary and tax laws, fiduciary investment strategies, practices and procedures

  • Awareness of risk parameters and the ability to apply them to situations

Required Skills:

  • Fiduciary professional with CTFA, CFP, AEP, JD, or CPA

  • Minimum of 3 years trust administration and/or estate planning experience

  • Technical expertise in the areas of trust administration, fiduciary law, and estate and wealth transfer planning

  • Initiative/proactive approach to problem solving

  • Creative yet prudent approach to providing solutions within Bank’s risk/reward profile

  • Ability/drive to help close sales

  • Good people/partner communication skills/team player

  • Knowledge of policies, procedures, regulatory requirements in wealth management

  • High level of sophistication re: high net worth clients’ concerns / issues

  • Ability to communicate and connect with high net worth individuals and families

  • Demonstrated ability to function as a team player

  • Ability to effectively organize daily account management requirements

Posting Date : 10/12/2017

Location :

Seattle, WA, FIFTH AVENUE PLAZA, 800 5TH Ave,

  • United States

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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