Sr. Trust Officer

Company: Bank of America
Location: Seattle
Posted on: March 29, 2025

Job Description:

Seattle, Washington; Boise, Idaho; Spokane, WashingtonAt 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!Job DescriptionThis job is responsible for managing a book of fiduciary and investment management accounts for high-net-worth clients and beneficiaries involving multi-generational families. Key responsibilities include overseeing the administration and business development of complex investment management and trust accounts and working with team members to assure trust product awareness and education of clients, associates, and Centers of Influence. Job expectations include working with teams to drive business development and retention, assisting clients with wealth planning needs, and managing risk.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.
• 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 regarding high net worth clients' concerns / issues.
• Ability to communicate and connect with high-net-worth clients.Desired Skills:
  • Bachelor's Degree OR equivalent business experience, preferably a minimum of 5 years of trust administration and estate planning experience.
  • Fiduciary professional with CTFA, CFP, AEP, JD, or CPA (or 6 months away from obtaining certification), preferred.Skills:
    • Business Development
    • Client Management
    • Wealth Planning
    • Customer and Client Focus
    • Client Experience Branding
    • Client Solutions Advisory
    • Process Management
    • Decision Making
    • Presentation Skills
    • Prospecting
    • Attention to Detail
    • Critical Thinking
    • PlanningMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalent.$95,200.00 - $200,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligible: This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please contact us by calling 1.877.760.2076. This is a dedicated line designed exclusively to assist job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.Please note: Messages left for other purposes such as following up on an application or non-disability related technical issues, will not receive a response.
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Keywords: Bank of America, Seattle , Sr. Trust Officer, Other , Seattle, Washington