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Private Bank Associate - Trust ID - 15102

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!

 

 

Job Description:
This job is responsible for supporting all client needs including discussions and/or activities. Key responsibilities include monitoring and executing tasks required to fulfill the client service plan and meet day-to-day inquiries from the client. Job expectations include managing the execution of client service activities such as initiating and monitoring account opening and asset transfers, handling client inquiries, and coordinating with specialists and service centers to deliver an integrated service experience to the client.

 

Responsibilities:

  • Supports and facilitates personal and non-personal client requests related to banking, credit, and investment products to achieve Private Bank client experience standards, including fulfillment of client needs and expectations across all products
  • Partners with their team to coordinate with specialists, including trust, family office, investments, and custody officers, as well as centralized service centers to deliver an integrated service experience to the client including identifying and resolving client issues in an effective and timely manner
  • Adheres to the Private Bank and Enterprise risk framework and complies with regulatory and legal requirements, while assisting with the Private Bank client management process and servicing accounts and portfolios
  • Works with Trust Officer(s), responsible for managing a book of fiduciary/trust relationships, to meet client needs and expectations
  • Performs servicing and account maintenance activities, which are primarily trust/fiduciary-related that include PACE/Trust Web accounting transactions, deposits/transfers, etc.

 

Qualifications:

  • Minimum of 1 year of experience with a financial institution focusing on client service and sales
  • High net worth client service and sales experience desired
  • BS/BA degree in Business, Finance or Economics desired

 

Skills:

 

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

 

 

Shift:

1st shift (United States of America)

 

 

Hours Per Week:

40

 

 

Pay Transparency details

 

 

US - WA - Seattle - 401 Union St - Rainier Square (WA1510)

 

 

Pay and benefits information

 

 

Pay range

 

 

$27.09 - $39.32 hourly pay, offers to be determined based on experience, education and skill set.

 

 

Discretionary incentive eligible

 

 

This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.

 

 

Benefits

 

 

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

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