Estate Sr. Tax Specialist

Bank of America; Dallas (TX); On-site; USD 88,000 - 133,000; Full time

Benefits offered by this job

Discretionary incentive eligible

Benefits eligible

Job summary

Bank of America is seeking a senior fiduciary tax specialist within Private Bank to provide advanced estate and transfer tax expertise, review tax filings, and guide complex estate administration engagements. This role supports client service standards, tax reporting accuracy, and ongoing tax research across federal/state requirements.

The position serves as a technical resource for Fiduciary Tax Service teams and Private Bank client groups, with opportunities to develop trainings and impact

Qualifications

• 10+ years of progressive estate and transfer tax preparation and review experience.
• Experience preparing/reviewing Federal Estate Tax Returns (Form 706) and Fiduciary Tax Returns (1041).
• Experience advising on post-mortem tax planning opportunities including portability elections and basis planning.

Responsibilities

• Provides technical tax expertise to Private Bank client teams to meet client service standards.
• Reviews and prepares complex federal/state estate tax returns (706) and fiduciary returns (1041) and related filings.
• Complies with bank standards/policies and tax laws; supports client service standards.
• Acts as tax technical resource for Fiduciary Tax Service associates and Private Bank teams.
• Delivers technical trainings to the tax department and serves as a point of contact for tax questions.

Skills

Estate and Gift Taxation

Account Management

Interpret Relevant Laws, Rules, andReg

Policies, Procedures, and Guidelines

Relationship Building

Client Management

Issue Management

Prioritization

Risk Management

Tax Administration

Business Process Analysis

Client Experience Branding

Coaching

Learning Delivery

Record Keeping

Education

High School Diploma / GED / Secondary School or equivalent

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

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

Job Description:

This job is responsible for providing advanced fiduciary, estate, and transfer tax expertise to Private Bank client teams, focused on delivering exceptional client service and supporting complex estate administration engagements. The position serves as a senior technical resource on estate and fiduciary tax matters, including the preparation and review of federal and state estate tax returns (Form 706), fiduciary income tax returns (Form 1041), and related filings. Key responsibilities include ensuring accurate and timely tax reporting, advising on estate settlement and tax planning matters, conducting research on complex tax issues, and guiding the treatment of transactions affecting estates, trusts, and beneficiaries. The role requires adherence to client service standards, bank policies, and all applicable federal and state fiduciary and estate tax laws and reporting requirements.

Responsibilities:

• Provides technical tax expertise and ensures assigned accounts are fulfilled to achieve client service standards
• Reviews and prepares complex federal and state estate tax returns (Form 706), fiduciary income tax returns (1041), and related filings
• Complies with bank standards and policies, federal and state tax law, and client service standards
• Acts as a tax technical resource for Fiduciary Tax Service associates and Private Bank client teams
• Develops and delivers technical or systems related tax trainings to the tax department, while serving as the point of contact for questions or inquiries related to tax

Desired Experience

• 10 plus years of progressive experience in estate and transfer tax preparation and review
• Experience preparing and reviewing Federal Estate Tax Returns (Form 706), Fiduciary Tax Returns (1041), and related state fiduciary and estate filings
• Experience advising on post-mortem tax planning opportunities, including portability elections, basis planning, and administration expenses

Skills:

• Estate and Gift Taxation
• Account Management
• Interpret Relevant Laws, Rules, and Regulations
• Policies, Procedures, and Guidelines Management
• Relationship Building
• Client Management
• Issue Management
• Prioritization
• Risk Management
• Tax Administration
• Business Process Analysis
• Client Experience Branding
• Coaching
• Learning Delivery
• Record Keeping

Minimum Education Requirement

High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week:

40

Pay Transparency details

US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110), US - MA - Waltham - 1025 Main St - 1025 Main St - Waltham (MA6536), US - RI - Providence - 1 Financial Plz - 1 Financial Plaza (RI1537)

Pay range

$87,500.00 - $133,000.00 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.

Benefits

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.