Estate Settlement III
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About The Position
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! In this role, you will be accountable for managing and settling larger, more complex estates and/or terminating trusts that require a higher level of technical expertise and knowledge. This is a non-licensed associate role. You will assign tasks to the Settlement Assistants, monitor progress, and approve completed work. Additionally, you will be responsible for coaching, developing, and mentoring assistants and junior-level officers within the Settlement team. Building and maintaining relationships with external business partners such as Attorneys, CPAs, and Fiduciary Accountants is crucial, as well as coordinating communication with internal support partners (Tax, Compliance, SAM, ART) to ensure accurate, timely, and efficient administration while managing business risk. You will maintain high-quality communications with beneficiaries, focusing on client satisfaction and asset retention. Your responsibilities will also include increasing estate revenue by developing and maintaining partnerships with Private Wealth Management business partners and through referrals from other business lines. You will participate in sales calls as needed, offering Estate Settlement expertise, and coordinate communication with internal support partners to ensure accurate, timely, and efficient administration. Acting as a technical resource to colleagues within and outside of the Estate Settlement team will be part of your role, along with the responsibility for coaching, developing, and mentoring assistants.
