Estate Settlement Officer III

2-3 yrs required

Full-time

No

Salary: $65,000 - $85,000 per year
Experience: 2-3 years

Estate Settlement Officer III - $65,000 - $85,000/year - Full time

Job title: Estate Settlement Officer III
Salary: $65,000 - $85,000 per year
Experience: 2-3 years
Department: Settlement
Company: Bank of America

Summary:

- Bank of America is seeking an Estate Settlement Officer III to join their team.
- Responsible for managing and settling larger, more complex estates and trusts.
- Will also be responsible for coaching, developing, and mentoring assistants and junior level officers within the Settlement team.
- Builds and maintains relationships with external business partners and coordinates communication with internal support partners to ensure accurate, timely, and efficient administration.
- Will participate in sales calls and act as a technical resource to colleagues.
- Must have a BS/BA, advanced degree or professional designation preferred.
- Minimum of 2-3 years of personal trust/estate settlement/investment related experience required.
- Excellent interpersonal and technical skills are necessary.
- Position may require overnight/multi-night travel.

Responsibilities:

- Assign tasks to Settlement Assistants, monitor progress, and approve completed work.
- Coach, develop, and mentor assistants and junior level officers within the Settlement team.
- Build and maintain relationships with external business partners and coordinate communication with internal support partners.
- Maintain high quality communications with beneficiaries.
- Manage larger, more complex estates and trusts.
- Increase estate revenue by developing and maintaining partnerships with Private Wealth Management business partners and through referrals from other business lines.
- Participate in sales calls as needed.
- Coordinate communication with internal support partners to ensure accurate, timely, and efficient administration and to manage business risk.
- Build and maintain relationships with external business partners and other organizations to promote awareness of Estate Settlement Services.
- Act as a technical resource to colleagues within and outside of Estate Settlement team.
- Coach, develop, and mentor assistants.

Desired Skills:

- BS/BA or equivalent experience required.
- JD, advanced degree and/or certifications preferred.
- Minimum of 2-3 years of personal trust/estate settlement/investment related experience.
- Excellent interpersonal and technical skills.
- Exceptional oral, written, and presentation skills.
- Exceptional organizational skills.
- Ability to work in a fast-paced, multi-task environment with minimum supervision while demonstrating teamwork and delivering client satisfaction.
- Proficient in Microsoft Office programs including Word and Excel.
- Knowledge of probate administration (multi-state), fiduciary income tax, and estate taxes preferred.
- Knowledge of Bank of America's proprietary trust systems a plus.
- Position may require periodic, overnight/multi-night travel.

Skills:

- Account Management.
- Customer and Client Focus.
- Oral Communications.
- Risk Management.
- Written Communications.
- Collaboration.
- Decision Making.
- Issue Management.
- Prioritization.
- Problem Solving.
- Attention to Detail.
- Client Management.
- Mentoring.
- Process Simplification.
- Referral Identification.

Shift:
1st shift (United States of America).

Hours Per Week:
40.

Bank of America is a great place to work, offering a diverse and inclusive workplace for everyone. They are committed to being a responsible, flexible employer and offer competitive benefits to support the physical, emotional, and financial well-being of their teammates and their families. As an Estate Settlement Officer III, you will have opportunities to learn, grow, and make an impact while also having the power to make a difference.

Join Bank of America and be a part of a company that values teamwork, client satisfaction, and responsible growth. Apply now for the Estate Settlement Officer III position and take the next step in your career.

Not mentioned

Comprehensive benefits package including medical, dental, vision, 401k, paid time off, and more.

Not mentioned

Account Management, Customer and Client Focus, Oral and Written Communications, Risk Management, Collaboration, Decision Making, Issue Management, Prioritization, Problem Solving, Attention to Detail, Client Management, Mentoring, Process Simplification, Referral Identification

Bachelor's degree, JD or advanced degree preferred

Interested candidates can apply through the Bank of America careers website.

Qualification and Experience Bachelor's degree, JD or advanced degree preferred

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