1 day old

Market Trust Director

Bank of America
Providence, RI
  • Job Code
Company Bank of America

Job Title Market Trust Director

Jobid bankofamerica-17077550ProvidenceRI

Location: Providence, RI, 02940, USA

Description **Job Description:**

**Job Description:**

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 53 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,500 ATMs and award-winning online banking with 29 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Global Wealth & Investment Management (GWIM) provides a wide offering of customized banking, investment and brokerage services tailored to meet the changing wealth management needs of our individual and institutional customer base.

U.S. Trust, Bank of America Private Wealth Management (U.S. Trust)

U.S. Trust provides comprehensive wealth management solutions to wealthy and ultra-wealthy clients with investable assets of more than $3 million. In addition, U.S. Trust provides resources and customized solutions to help meet clients’ wealth structuring, investment management, trust and banking needs as well as specialty asset management services (oil and gas, real estate, farm and ranch, timberland, private business and tax advisory). Clients also benefit from access to resources available through Bank of America Corporation and its subsidiaries (the Corporation) including capital markets products, large and complex financing solutions, and its extensive banking platform.

**Role Description:**

+ Establish and build strong relationships with key clients, prospects and centers of influence

+ Partner with regional leadership to oversee the development, supervision and execution of client relationship plans for region

+ Develop and oversee execution of strategies to strengthen and institutionalize our referral networks with the legal and accounting community

+ Actively participating in targeted conferences and networks to raise community awareness of Bank of America trust capabilities

+ Market Trust Directors (MTD’s) are knowledgeable in the administration of Investment Management and Trust accounts. They are responsible for faithfully executing our fiduciary duties as well as complying with all laws, regulations, policies and procedures

+ MTD’s are also responsible for understanding the circumstances of their client base and proactively providing advice and solutions to clients, particularly in the area of estate planning. Additionally, they are responsible for the growth and profitability of their book of business as well as the overall satisfaction of clients with our fiduciary services

+ MTD’s work closely with and direct other teammates to deliver UST’s full array of integrated solutions

+ Responsible for the professional administration of fiduciary accounts including compliance with all regulations, policies and procedures

+ Responsible for understanding the client’s situation and circumstances, including knowing the clients extended family and younger generation. Develops and deliverers solutions to meet client needs

+ As the key associate on specific relationships, works with teammates to deliver our full array of integrated solutions, as appropriate

+ Promotes the full breadth of our fiduciary platform (fiduciary, tax, special assets, estate settlement) both internally and externally to grow our fiduciary business and actively participates in the sales process

+ Collaborate and advise team members to consistently deliver on UST’s value proposition


+ Excellent ability to work in fast paced team environment

+ Strong communication and influence / partnership skills

+ Significant knowledge of the legal, tax, investment and compliance aspects of fiduciary administration

+ 10 years of successful experience in managing fiduciary relationships with high net worth clients

+ Technically proficient in fiduciary law, tax investments and administration

**Posting Date** : 11/20/2017

**Location** :

Providence, RI, 1 FINANCIAL PLZ (RI1537),

- United States

**Travel** : Yes, 5% of the time

**Full / Part-time** : Full time

**Hours Per Week** : 40

**Shift** : 1st shift

**Assistance for Applicants with Disabilities**

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .

**Diversity & Inclusion**

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

**Frequently Asked Questions**

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Market Trust Director

Bank of America
Providence, RI

Share this job

Market Trust Director

Bank of America
Providence, RI

Separate email addresses with commas

Enter valid email address for sender.

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast