Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for overseeing the expansion of fiduciary business for high net worth clients and serves as the market's Chief Fiduciary Officer. Key responsibilities include driving business development planning, retention and expansion of existing business, as well as risk and compliance oversight of fiduciary policy rules and regulations. Job expectations include partnering closely with the Market Executive to drive strategic growth priorities.
Responsibilities:Oversees all fiduciary administration efforts for the marketOversees investment management accounts including the coordination of opening and closing accounts, money movement, and account maintenanceEnsures all fiduciary standards and Private Bank/regulatory compliance and risk policies are understood, align with our risk framework, and consistently applied within the marketMonitors fiduciary risk metrics and ensure timely, accurate completion of all administrative reviews, control partner requests, and data remediationExecutes against Private Bank strategy, key national fiduciary initiatives, and priorities tailored to local market dynamic and competitor footprintOversees and builds new business opportunities by pursuing new or expanded relationships with existing clients and prospects
Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
Skills:
Account ManagementBusiness AcumenClient ManagementDecision MakingRisk ManagementCoachingCustomer and Client FocusInclusive LeadershipProblem SolvingStrategic ThinkingEmployee CounselingPerformance ManagementPlanningRelationship BuildingTalent DevelopmentShift:
1st shift (United States of America)Hours Per Week:
40