Senior Delaware Trust & Fiduciary Specialist

Bank of America; Wilmington (DE); On-site; USD 95,000 - 135,000; Full time

Job summary

Bank of America is seeking a Delaware Trust Officer II in Wilmington to manage fiduciary relationships and administer Delaware trusts in collaboration with Private Bank teams. The role emphasizes expert trust administration, compliance with laws and policies, and proactive client service.

The candidate should have 5+ years in trust administration, solid knowledge of fiduciary law and tax matters, and a degree (CTFA/JD preferred).

Qualifications

• 5+ years of experience in trust administration, managing fiduciary relationships with high-net-worth clients (or equivalent).
• Proficient in fiduciary law, tax investments and administration.
• Bachelor’s degree or equivalent experience preferred.
• CTFA or JD preferred.

Responsibilities

• Work with clients, attorneys, and professional advisors to understand the estate plan and provide superior service.
• Respond to beneficiary requests for discretionary distributions and prepare supporting documents.
• Perform annual trust reviews to ensure compliance with provisions and regulations.
• Coordinate with investment and tax teams for timely reporting and optimization of trust assets.
• Open and set up trust accounts with proper recordkeeping and documentation.
• Mentor junior associates and contribute to process improvements.
• Uphold the bank’s values of delivering together and acting responsibly.

Skills

Teamwork

Communication

Fiduciary law

Tax compliance

Relationship management

Mentoring

Problem solving

Education

Bachelor’s degree or equivalent

CTFA or JD preferred

Job description

Bank of America is seeking a Delaware Trust Officer II in Wilmington to manage fiduciary relationships and administer Delaware trusts in collaboration with Private Bank teams. The role emphasizes expert trust administration, compliance with laws and policies, and proactive client service.

The candidate should have 5+ years in trust administration, solid knowledge of fiduciary law and tax matters, and a degree (CTFA/JD preferred).