27 days old

Regional Fiduciary Officer

Pennington, NJ 08534
Regional Fiduciary Officer



Providence, Rhode Island;Seattle, Washington; Atlanta, Georgia; Dallas, Texas; Waltham, Massachusetts; Los Angeles, California; Pennington, New Jersey



**Job Description:**



Bank of America Private Bank is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.



Private Bank is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. Private Bank employs more than 4,100 professionals and maintains 135 offices in 33 states.



Private Bank is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. Private Bank employs more than 4,100 professionals and maintains 135 offices in 33 states.



**Description:**



Responsible for providing advice, guidance and training to the Private Bank account teams and centralized units on technical fiduciary issues in support of sales efforts and administration processes across a fiduciary book of accounts. Assist account officers with exercise of fiduciary discretion and review of new business opportunities. Responsible for providing early intervention on fiduciary problems and risk matters. Serves as primary resource for comprehensive fiduciary and technical advice relating to the administration of accounts. In-depth knowledge of the following areas: general fiduciary law and principles, trust and wealth transfer techniques, and federal and state laws/regulations pertaining to fiduciaries.



**Qualifications:**



+ 5+ years experience as a practicing Trusts & Estateslawyer in private practice and/or time employed by a Bank, Private Wealth Management firm or Trust Company, performing a legal, risk or fiduciary line of business function

+ Experience working with trust officers/fiduciary specialists and making fiduciary related risk-reward decisions

+ Demonstrated ability to intelligently and persuasively articulate positions and influence decision makers and management on all levels, as well as COIs and other external partners

+ Technical expertise in areas of fiduciary, planning, tax, regulatory, legal and compliance

+ Strong ability to work in partnership with other functions/roles, including Legal and Risk

+ Demonstrates superior judgment and reasoned decision making in exercising discretion upon taking into consideration totality of facts and circumstances

+ Knows when appropriate to escalate a matter to his/her direct manager



**Education Requirements or Certifications:**



+ Attorney licensed to practice law in at least one U.S. Jurisdiction, with familiarity with the Uniform Trust Code .



**Job Band:**



H4



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



**Weekly Schedule:**



**Referral Bonus Amount:**



0



**Job Description:**



Bank of America Private Bank is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.



Private Bank is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. Private Bank employs more than 4,100 professionals and maintains 135 offices in 33 states.



Private Bank is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. Private Bank employs more than 4,100 professionals and maintains 135 offices in 33 states.



**Description:**



Responsible for providing advice, guidance and training to the Private Bank account teams and centralized units on technical fiduciary issues in support of sales efforts and administration processes across a fiduciary book of accounts. Assist account officers with exercise of fiduciary discretion and review of new business opportunities. Responsible for providing early intervention on fiduciary problems and risk matters. Serves as primary resource for comprehensive fiduciary and technical advice relating to the administration of accounts. In-depth knowledge of the following areas: general fiduciary law and principles, trust and wealth transfer techniques, and federal and state laws/regulations pertaining to fiduciaries.



**Qualifications:**



+ 5+ years experience as a practicing Trusts & Estateslawyer in private practice and/or time employed by a Bank, Private Wealth Management firm or Trust Company, performing a legal, risk or fiduciary line of business function

+ Experience working with trust officers/fiduciary specialists and making fiduciary related risk-reward decisions

+ Demonstrated ability to intelligently and persuasively articulate positions and influence decision makers and management on all levels, as well as COIs and other external partners

+ Technical expertise in areas of fiduciary, planning, tax, regulatory, legal and compliance

+ Strong ability to work in partnership with other functions/roles, including Legal and Risk

+ Demonstrates superior judgment and reasoned decision making in exercising discretion upon taking into consideration totality of facts and circumstances

+ Knows when appropriate to escalate a matter to his/her direct manager



**Education Requirements or Certifications:**



+ Attorney licensed to practice law in at least one U.S. Jurisdiction, with familiarity with the Uniform Trust Code .



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-22034933



Band: H4



Manages People: No



Travel: Yes, 10% of the time



Manager:



Talent Acquisition Contact:



Teresa Perry



Referral Bonus:



0



Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.




To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .


To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .



Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.




To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .

Industry

  • Banking / Finance
Posted: 2022-04-22 Expires: 2022-06-04

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


Sponsored by:
ADP Logo
Sponsored by:
Bank of America Logo

Featured Jobs[ View All ]

Featured Employers

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Regional Fiduciary Officer

Bank of America
Pennington, NJ 08534

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast