Senior Trust & Wealth Advisor

National Black MBA Association; New Haven (CT); On-site; USD 98,000 - 210,000; Full time

Benefits offered by this job

Benefits eligible

Annual discretionary plan

Job summary

Bank of America is hiring for a fiduciary wealth management role in the United States. The position manages fiduciary and investment management accounts for high-net-worth clients and beneficiaries, overseeing complex trust accounts and wealth planning needs.

It emphasizes risk management, team collaboration, and client education for long-term relationships. Ideal candidates will have 5+ years in trust administration and estate planning, strong compliance knowledge, and a proven ability to grow

Qualifications

• Minimum of five years of trust administration and estate planning experience.
• Technical expertise in trust administration, fiduciary law, and estate and wealth transfer planning.
• Knowledge of compliance with policies, procedures, regulatory and legal requirements related to client accounts and portfolios.
• Ability to identify and develop new business opportunities by pursuing new or expanded relationships with existing clients and prospects.
• Demonstrates initiative and a proactive approach to problem solving.
• Creative yet prudent approach to providing solutions within the bank’s risk/reward profile.
• Proven ability to confidently close sales and meet or exceed revenue targets.
• Good people/partner communication skills and is a team player.
• Display a high level of savvy and sophistication regarding high-net-worth clients’ concerns.
• Ability to communicate and connect with high-net-worth clients.

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.

Skills

Trust administration

Estate planning

Regulatory compliance

Client relationship management

Business development

Revenue targets

Communication

Team collaboration

Education

High School Diploma

CTFA/CFP/AEP/JD/CPA

Job description

Bank of America is hiring for a fiduciary wealth management role in the United States. The position manages fiduciary and investment management accounts for high-net-worth clients and beneficiaries, overseeing complex trust accounts and wealth planning needs.

It emphasizes risk management, team collaboration, and client education for long-term relationships. Ideal candidates will have 5+ years in trust administration and estate planning, strong compliance knowledge, and a proven ability to grow