Senior Trust Officer

Disability Solutions - Wichita, KS

Full-time - Mid Level

Wichita, KS

About the position

This position at Bank of America is responsible for managing fiduciary and investment management accounts for high-net-worth clients and beneficiaries, particularly those involving multi-generational families. The role focuses on overseeing the administration and business development of complex investment management and trust accounts, ensuring compliance with regulatory requirements, and driving business development and retention efforts. The position emphasizes collaboration with team members to enhance client education and awareness regarding trust products.

Responsibilities

• Provides fiduciary administration support including the review of trust instruments, participating in matters where the trustee is exercising discretion, managing risk, and conducting periodic trust reviews.
• Supports investment management accounts including the coordination of opening and closing accounts, money movement, and account maintenance.
• Engages with clients and prospects to build and transfer wealth tailored to their unique goals, while delivering a high-quality experience.
• Ensures compliance with regulatory and legal requirements related to client accounts and portfolios.
• Identifies and develops new business opportunities by pursuing new or expanded relationships with existing clients and prospects.

Requirements

• Bachelor's Degree OR equivalent business experience, preferably a minimum of 5 years of trust administration and estate planning experience.
• Fiduciary professional with CTFA, CFP, AEP, JD, or CPA (or 6 months away from obtaining certification), preferred.
• Technical expertise in the areas of trust administration, fiduciary law, and estate and wealth transfer planning.
• Initiative/proactive approach to problem solving.
• Ability/drive to 'ask for the order' to close sales.
• Good people/partner communication skills / team player.
• Knowledge of policies, procedures, regulatory requirements.
• High level of savvy and sophistication regarding high net worth clients' concerns/issues.

Nice-to-haves

• Risk Management
• Business Development
• Client Management
• Wealth Planning
• Customer and Client Focus
• Client Experience
• Branding
• Client Solutions
• Advisory Process Management
• Decision Making
• Presentation Skills
• Prospecting
• Financial Analysis
• Attention to Detail
• Critical Thinking
• Planning

Benefits

• Competitive benefits to support physical, emotional, and financial well-being.
• Opportunities to learn and grow within the company.