Private Bank, Bank of America Private Wealth Management 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.
Provides administrative support to Trust Settlement Officers, Team Leader, and National Executive. Works independently, but closely, with Trust Settlement Officers and Team Leader to ensure accurate and efficient delivery of services to clients. Obtains, verifies and coordinates asset transfer instructions with financial institutions and clients (ACH, wire, non-ACAT and free delivery transfers familiarity needed). Coordinates information and activities with external partners (Attorneys, CPAs, and Fiduciary Accountants) and internal partners (Tax, Compliance, SAM, ART, etc.) as needed. May act as a point of contact to clients and external partners as a backup for the Trust Settlement Officers. Responsible for typical routine administrative duties such as account maintenance, PACE transactions, file retrieval, optical imaging, telephone calling, and writing routine letters/e-mails. Assists with drafting settlement documents and preparing mailings routinely. May be asked by the Team Leader or National Executive to participate in projects, to maintain Trust Settlement database and reports, and to conduct research on previously closed accounts. Ability to learn and apply new technology and computer systems required. Strong communication and organizational skills required. Candidate must possess ability to work in a fast-paced environment where multitasking is a necessity. Works well as an individual contributor as well as a member of a team.
Qualifications / Desired Skills
Paralegal training and BS/BA or equivalent experience helpful.
Proficient use of Microsoft Office products required.
1st shift (United States of America)
Hours Per Week: