Delaware Trust Administrative Officer II (DE TAO II)

Bank of America Corporation; Wilmington (DE); On-site; USD 60,000 - 85,000; Full time

Job summary

Bank of America Corporation in Wilmington seeks a Delaware Trust Administrative Officer II to support fiduciary relationships and assist with account administration.

The role involves preparing deposits, transfers, tax requests, and system coding, with potential growth into discretionary actions and client retention. Requires readiness to work in a collaborative estate/trust environment with attention to detail and compliance.

Qualifications

• Candidates must perform at a high level in a fast-paced team environment while adhering to internal policies and regulatory requirements.
• BS/BA degree preferred or equivalent Trust administrative experience required.
• Paralegal studies with relevant legal and/or trust administrative and fiduciary support experience preferred.

Responsibilities

• Provide critical and core administrative client service and support to Trust Officers and Trust Administrative Officers.
• Assist with account administration, funds transfers, tax requests, accounting system coding, letter generation, and opening/closing accounts.
• May contribute to document review and interpretation, discretionary actions within Trust engagements, and client retention over time.

Skills

Fast-paced environment

Policy compliance

Trust/administration experience

Education

BS/BA degree preferred

Paralegal studies (preferred)

Job description

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Delaware Trust Administrative Officer II (DE TAO II), Wilmington

The Delaware Trust Administrative Officer II teams with the Delaware Trust Officers, who manage a book of fiduciary/trust relationships, to meet client needs and expectations. Serves as an additional point of contact to clients and/or as a backup for the Delaware Trust Officers. Performs servicing and account maintenance activities, which are primarily trust/fiduciary-related that include PACE/Trust Web accounting transactions, deposits/transfers, etc. Performs administrative duties such as typing, filing, copying, etc. Non-licensed associate.

The Delaware Trust Administrative Officer II acts as an administrative support resource and may also serve as a point of contact within the client relationship team for clients and/or as a backup for client-facing Trust Officers and other experienced Trust Administrative Officers.

This role will primarily work with internal partners on the creation of new accounts for existing or new trusts.

• Provides critical and core administrative client service and support (e.g., assistance with all aspects of account administration, funds transfers, tax requests, accounting system coding, letter generation, account open and close, phone coverage etc.,) to Trust Officers and Trust Administrative Officer IIs.


• Over time the position can also include secondary responsibility for document review and interpretation, discretionary actions within Trust engagements, client retention, etc.

Qualifications

• Candidates must have the ability to perform at a high level in a fast-paced team environment and ensure adherence to all internal policies and compliance to legal and regulatory requirements.


• BS/BA degree preferred or equivalent Trust administrative experience required.


• Paralegal studies with relevant legal and/or trust administrative and fiduciary support experience preferred.


• Financial Institution experience focusing on high-net-worth Private Banking client service a plus.

Minimum Education Requirement

High School Diploma / GED / Secondary School or equivalent

For internal employees: participation in a work from home posture does not make you eligible to post.

Shift

1st shift (United States of America)

Hours Per Week

40