Regional Fiduciary Advisor (RFA)

Job Description:

At Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients teammates communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace attracting and developing exceptional talent supporting our teammates physical emotional and financial wellness recognizing and rewarding performance and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America you can build a successful career with opportunities to learn grow and make an impact. Join us!

Regional Fiduciary Advisor (RFA) Private Banking -

This job is responsible for reviewing and approving potential trustee appointments. Key responsibilities include exercising sound judgment and employing fiduciary expertise and creativity in the independent assessment of trust opportunities to responsibly grow the Banks trust business. Job expectations include creating and managing bank resources to support fiduciary business such as suggested language for trusts and wills; guiding and training internal bank partners; and assisting in setting drafting and implementing fiduciary policies to ensure regulatory and legal compliance.

Responsibilities:

• Provides fiduciary expertise and creativity in the independent assessment of trust business
• Creates and maintain tools to manage the fiduciary business
• Drafts and implement fiduciary policies across lines of business
• Ensures regulatory and legal compliance with appropriate laws rules and regulations
• Assists with training on fiduciary issues

Desired 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 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 Attorney licensed to practice law in at least one U.S. jurisdiction (strongly preferred) and BA/ BS (four year undergraduate degree).

Skills:

• Attention to Detail
• Critical Thinking
• Decision Making
• Influence
• Written Communications
• Collaboration
• Customer and Client Focus
• Executive Presence
• Negotiation
• Oral Communications
• Adaptability
• Analytical Thinking
• Innovative Thinking
• Prioritization
• Problem Solving

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

For internal employees: participation in a work from home posture does not make you eligible to post.

Shift:

Hours Per Week:

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