Senior Trust Officer

AECOM; New York (NY); On-site; USD 95,000 - 200,000; Full time

Job summary

An established industry player is seeking a dedicated professional to manage fiduciary and investment accounts for high-net-worth clients. This role emphasizes building relationships, ensuring compliance, and driving business development while providing exceptional client experiences. The company fosters a supportive and inclusive workplace, offering opportunities for growth and development. Join a team committed to making a positive impact in the financial lives of clients and communities. If you have a passion for wealth planning and client management, this is the perfect opportunity for you!

Benefits

Industry-leading benefits

Paid time off

Discretionary incentive eligibility

Support resources for employees

Qualifications

• 5+ years of trust administration and estate planning experience preferred.
• Proactive problem-solving and strong communication skills required.

Responsibilities

• Manage fiduciary and investment management accounts for high-net-worth clients.
• Ensure compliance with regulatory requirements and develop new business opportunities.

Skills

Business Development

Client Management

Customer and Client Focus

Risk Management

Wealth Planning

Client Experience Branding

Client Solutions Advisory

Decision Making

Presentation Skills

Process Management

Attention to Detail

Critical Thinking

Financial Analysis

Planning

Prospecting

Education

High School Diploma / GED

Bachelor’s Degree

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 a diverse and 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!

Job Responsibilities:

• Managing a book of fiduciary and investment management accounts for high-net-worth clients and beneficiaries involving multi-generational families.
• Overseeing the administration and business development of complex investment management and trust accounts.
• Working with team members to assure trust product awareness and education of clients, associates, and Centers of Influence.
• Driving 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.

Required Qualifications:

• 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 re: high net worth clients’ concerns / issues.
• Ability to communicate and connect with high-net-worth clients.
• Bachelor’s Degree OR equivalent business experience, preferably a minimum of 5 years of trust administration and estate planning experience.

Desired Qualifications:

• 10-15 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
• Customer and Client Focus
• Risk Management
• Wealth Planning
• Client Experience Branding
• Client Solutions Advisory
• Decision Making
• Presentation Skills
• Process Management
• Attention to Detail
• Critical Thinking
• Financial Analysis
• Planning
• Prospecting

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:

Pay range: $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. 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.