Bank of America Trust Officer II - ML in Pennington, New Jersey
U.S. Trust provides comprehensive wealth management solutions to wealthy and ultra-wealthy clients with investable assets of $3 million or more. In addition, U.S. Trust provides resources and customized solutions to help meet clients’ needs in wealth structuring, investment management, trust and banking services as well as specialty asset management services (oil and gas, farm and ranch land, timberland, real estate and privately held businesses). Clients also benefit from access to resources available through the corporation including capital markets products, large and complex financing solutions, and its extensive banking platform.
An Industry Leader
Largest private bank in the United States1
One of the nation’s oldest trust companies
One of the largest corporate trustees for individuals, families and private foundations
Ranks among the nation’s largest corporate fiduciary managers of oil and gas properties
U.S. Trust, Bank of America Private Wealth Management delivers deep, robust, and personal relationships through:
A client-centric, wealth-structuring-based approach flexibly tailored to the specific needs of clients
A dedicated team of skilled specialists led by high-quality advisors
A consistent, distinctive client experience
Innovative and appropriately customized solutions
A high level of personalized service
Trust and estate planning; fiduciary services
Specialty asset management
Investment management: traditional proprietary, select external managers, quantitative strategies, capital markets, alternative investments
Banking and Credit
Custom credit solutions
Liquidity: personal and business banking products
Transactions: services (e.g. cards, bill pay), physical network and ATM access
Specialized Client Solutions
Multi-family office for individuals and families with substantial wealth and complex needs
Education and family governance
The Role :
The Trust Officer is an experienced, well-rounded fiduciary professional who will partner with Financial Advisors in closing new business and provide advisory consultation to clients.
Proactively identify and harvest opportunities to deepen relationships within current client base
Meet with key clients periodically to maintain relationships and identify issues / new business opportunities, and provide trust, estate, and wealth transfer planning advice
Proactively engage other specialists within US Trust to best meet client needs (wealth strategists, Office of Chief Fiduciary, etc.)
Proactively identify and resolve client issues
Engage in high level trust administration; oversee all administration activities
Oversee risk management activities
Identify at risk clients; proactively resolve issues / meet with at-risk clients as needed to drive retention
Undergraduate degree is highly desired OR 4 plus years of Trust Admin experience for a wealth management financial organization.
Minimum of 4 plus years of Trust Administration and estate planning experience.
- Highly preferred, Fiduciary professional with CTFA, CFP, AEP, JD, or CPA
Posting Date : 04/11/2018
Pennington, NJ, HOPEWELL BLDG. 3, 1300 AMERICAN BLVD,
- United States
Travel : Yes, 5% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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