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Regional Fiduciary Advisor

Chicago;

Job Description:

Enterprise Overview

Bank of America Private Bank 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.

Bank of America Private Bank operates through Bank of America, N.A. and is a leader in wealth management, private banking and retail brokerage.

Description 

Responsible for reviewing/approving new trust business opportunities for Bank of America Private Bank, poviding advice, guidance and training on fiduciary issues in support of sales efforts, and participating and providing support in the form of technical expertise on fiduciary related projects.  Responsible for assisting in setting, drafting and implementing fiduciary policies and for ensuring regulatory and legal compliance.    

Qualifications

In depth knowledge of the following areas: general fiduciary law and principles, trust and wealth transfer techniques, and federal and state laws/regulations pertaining to fiduciaries.

  •  5+ years experience as a practicing Trusts & Estates lawyer in private practice and/or time employed by a Bank, Private Wealth Management firm or Trust Company performing a legal, risk or fiduciary line of business function
  • Experience working with trust officers/fiduciary specialists and making fiduciary related risk-reward decisions
  • Demonstrated ability to intelligently and persuasively articulate positions and influence decision makers and management on all levels as well as COIs and other external partners
  • Technical expertise in areas of fiduciary, planning, tax, regulatory, legal and compliance
  • Strong ability to work in partnership with other functions/roles, including Legal and Risk
  • Keen awareness of when to escalate matters to Legal and/or management

Education Requirements or Certifications

  • Attorney licensed to practice law in at least one U.S. jurisdiction
  • B.A. or B.S. (four year undergraduate degree) and J.D. degree 

Job Band:

H4

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Enterprise Overview

Bank of America Private Bank 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.

Bank of America Private Bank operates through Bank of America, N.A. and is a leader in wealth management, private banking and retail brokerage.

Description 

Responsible for reviewing/approving new trust business opportunities for Bank of America Private Bank, poviding advice, guidance and training on fiduciary issues in support of sales efforts, and participating and providing support in the form of technical expertise on fiduciary related projects.  Responsible for assisting in setting, drafting and implementing fiduciary policies and for ensuring regulatory and legal compliance.    

Qualifications

In depth knowledge of the following areas: general fiduciary law and principles, trust and wealth transfer techniques, and federal and state laws/regulations pertaining to fiduciaries.

  •  5+ years experience as a practicing Trusts & Estates lawyer in private practice and/or time employed by a Bank, Private Wealth Management firm or Trust Company performing a legal, risk or fiduciary line of business function
  • Experience working with trust officers/fiduciary specialists and making fiduciary related risk-reward decisions
  • Demonstrated ability to intelligently and persuasively articulate positions and influence decision makers and management on all levels as well as COIs and other external partners
  • Technical expertise in areas of fiduciary, planning, tax, regulatory, legal and compliance
  • Strong ability to work in partnership with other functions/roles, including Legal and Risk
  • Keen awareness of when to escalate matters to Legal and/or management

Education Requirements or Certifications

  • Attorney licensed to practice law in at least one U.S. jurisdiction
  • B.A. or B.S. (four year undergraduate degree) and J.D. degree 

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22026172

Band: H4

Manages People: No

Travel: Yes, 10% of the time

Manager:

Talent Acquisition Contact:

Teresa Perry

Referral Bonus:

0