Logo of Huzzle

Home

Matches

Explore

Manage

Settlement Officer II (SO II) - Trust Settlement Services (TSS)

image

Bank of America

Feb 22

Applications are closed

  • Job
    Full-time
    Entry Level
  • Accounting & Tax
  • Atlanta, +2

Requirements

  • BS/BA degree or equivalent work experience; JD preferred
  • Professional designation in paralegal studies and prior trust, estate, and/or tax experience preferred
  • Strong communication and organizational skills
  • Ability to work in a fast-paced environment where multi-tasking and prioritization is a necessity
  • Works well as an individual contributor and member of a team
  • Proficient use of Microsoft Office
  • Ability to learn and apply new technology and systems

Responsibilities

  • The Settlement Officer is accountable for facilitating, managing, and settling trust terminations that require expertise and knowledge of fiduciary rules and regulations in a fast-paced, high-volume environment.
  • The Settlement Officer assigns tasks to Specialized Fiduciary Administrators, monitors progress and approves completed work. Responsible for coaching, developing, and mentoring administrators and junior level officers within the Trust Settlement team.
  • Works closely while simultaneously building and maintaining relationships with internal business partners including but not limited to: Client Team, Office of the Chief Fiduciary, Administrative Resource Team (ART), Audit, Compliance, Fiduciary Tax Services, Specialty Asset Management (SAM), Trust Operations, Fiduciary Tax Services (Tax), Portfolio Managers, etc., as well as external parties (Attorneys, CPAs, and Fiduciary Accountants).
  • Monitors the settlement process and task completion to ensure accurate, timely and efficient administration, and to proactively manage business risk.
  • Maintains high quality communications with beneficiaries and internal partners, with a primary focus on timely execution and client satisfaction.
  • Ability to proactively identify and resolve issues.
  • Acts as a technical resource to colleagues within and outside of Trust Settlement team.
  • May be called upon to handle tasks delegated by Trust Settlement Manager or Director.

Bank of America

Helping to make financial lives better through the power of every connection.

1-10
Employees

Mission & Purpose

Bank of America is one of the world's largest financial institutions, serving individuals, 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 serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

Culture & Values

  • Deliver together

    We believe in the importance of treating each client and teammate as an individual and treating every moment as one that matters. We strive to go the distance to deliver, with discipline and passion. We believe in connecting person-to-person, with empathy and understanding. We believe everything we do for our clients, teammates and the communities we serve is built on a solid business foundation that delivers for shareholders.

  • Act responsibly

    We believe that integrity and the disciplined management of risk form the foundation of our business. We are aware that our decisions and actions affect people’s lives every day. We believe in making decisions that are clear, fair and grounded in the principles of shared success, responsible citizenship and community building.

  • Realize the power of our people

    We strive to help all of our employees reach their full potential. We believe that diverse backgrounds and experiences make us stronger. We respect every individual and value our differences - in thought, style, sexual orientation, gender, gender identity and expression, race, ethnicity, culture, age, ability and experience.

  • Trust the team

    We believe great teams are built on mutual trust, shared ownership and accountability. We act as one company and believe that when we work together, we best meet the full needs of our clients, and deliver value to our shareholders.