Senior Trust & Wealth Manager for HNW Clients

Bank of America Corporation; Austin (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Bank of America is seeking a fiduciary and investment management professional to manage a book of fiduciary and investment management accounts for high-net-worth clients and beneficiaries. The role involves overseeing administration, education of clients, and driving business development while managing risk.

Responsibilities include fiduciary administration reviews, coordinating account openings/closings, client planning with market leaders, ensuring regulatory compliance, and expanding

Qualifications

• 3+ years of experience in trust administration, servicing and managing fiduciary relationships with high-net-worth clients (or equivalent) required.
• Familiarity with fiduciary law, trust and estate administration, fiduciary taxation, investment concepts, and banking operations.
• Demonstrated ability to work effectively as part of a team in a collaborative environment.
• Strong organizational skills and ability to manage multiple priorities and administrative responsibilities.
• Strong communication and relationship management skills.
• BS/BA, CTFA designation, Paralegal certification, JD, or other fiduciary-related credential is a plus, but not required.

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.
• Works with Market leaders and engages clients and prospects to plan, 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

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 or equivalent

BS/BA or JD or fiduciary credential

Job description

Bank of America is seeking a fiduciary and investment management professional to manage a book of fiduciary and investment management accounts for high-net-worth clients and beneficiaries. The role involves overseeing administration, education of clients, and driving business development while managing risk.

Responsibilities include fiduciary administration reviews, coordinating account openings/closings, client planning with market leaders, ensuring regulatory compliance, and expanding