1+ months

Trust Specialist

Chicago, IL 60664
**Job Description:**

**Business Overview:**

Retirement & Personal Wealth Solutions (RPWS) serves the core financial needs of individual clients and plan participants by providing best in class, integrated products in the most intuitive, efficient and client friendly way while maintaining a forward thinking mindset and risk management focus. RPWS is responsible forboth the institutional and personal retirement capability set to include 401(k), Equity and Health Benefit plans for companies of all sizes as well as college savings, personal retirement planning, retirement income, insurance and estate planning for individuals. RPWS also provides tools and content that enables advisors and bankers to help their clients live their best financial lives.

**Job Description:**

The Trust Specialist develops trust business in accordance with assigned production and referral goals by providing guidance on U.S. Trusts products and services to Merrill Lynch Financial Advisors (FAs), Private Wealth Advisors (PWAs), Market Executives (MEs), and clients. The Trust Specialist is a field-based position covering a specific territory of Merrill Lynch offices and reporting directly to a RPWS Division Trust Executive. Responsibilities include:

+ Raise awareness with FAs, PWAs, and MEs, around their clients and prospects trust and estate planning needs

+ In partnership FAs/PWAs, support the creation and implementation of trust and estate planning strategies for clients and prospects

+ Lead conversations, conference calls, and WebEx presentations with clients, FAs/PWAs, and outside legal and tax advisors as needed. These conversations could include:

+ wealth transfer techniques using U.S. Trust products and services

+ how U.S. Trust products and services could be included in the clients estate plan

+ fiduciary requirements for trust administration and investment management

+ Identify trust opportunities through conversations and book reviews with FAs/PWAs and Market Executives

+ Build solid relationships with FAs, PWAs, and MEs in the assigned territory

+ Participate in office/market sales meetings to provide education and guidance on U.S. Trust products and services

+ Provide overall leadership and direction for assigned trust sales and administration teams

+ Manage the trust onboarding process to deliver a seamless client and FA/PWA experience

**Required Qualifications:**

+ Seasoned professional with extensive experience as a subject matter expert in trust and estate planning required

+ 7 to 10 years of experience in the financial industry with proven track record as a sales professional required

+ Bachelors degree required, JD strongly preferred (will also consider CPA/MBA)

+ Certifications such as Series 7, 63/65 or 66 within 60 days of start date required

+ Professional presentation, communication, and meeting management skills required

+ Knowledge of fiduciary investment strategies and experience in a brokerage environment preferred

+ Financial designations such as CTFA, CFA, CFP preferred

+ Excellent interpersonal and relationship management skills, including a positive attitude and the ability to work well as part of a team

+ Self-starter with ability to work under pressure with minimal hands on direction

**Posting Date** : 09/09/2019

**Location** :


Chicago, IL, 135 S LA SALLE ST (IL4135),

Chicago, IL, 540 W MADISON ST (IL4540),

Chicago, IL, 225 W WACKER DR (IL9225),

Jersey City, NJ, 101 HUDSON ST (NJ2101),



- United States

**Travel** : Yes, 75% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.


  • Banking / Finance
Posted: 2019-05-27 Expires: 2019-12-08

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Trust Specialist

Bank of America
Chicago, IL 60664

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