Full-Time

Estate Settlement Officer III

Confirmed live in the last 24 hours

Bank of America

Bank of America

10,001+ employees

Provides banking and financial services globally

Fintech
Financial Services

Mid

Dallas, TX, USA

Category
Real Estate
Real Estate Finance
Real Estate Property Management
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets

You match the following Bank of America's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • BS/BA or equivalent experience required
  • Minimum of 2-3 years of personal trust/estate settlement/investment related experience
  • Excellent interpersonal and technical skills
  • Demonstrates excellent 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
  • Position will require periodic, overnight/multi-night travel
Responsibilities
  • Assigns tasks to the Settlement Assistants, monitors progress and approves completed work.
  • Responsible for coaching, developing, and mentoring assistants and junior level officers within the Settlement team.
  • Builds and maintains relationships with external business partners (Attorneys, CPAs, and Fiduciary Accountants), and coordinates communication with internal support partners (Tax, Compliance, SAM, ART), to ensure accurate, timely and efficient administration, and to manage business risk.
  • Maintains high quality communications with beneficiaries, with focus on client satisfaction and asset retention.
  • Accountable for managing the larger, more complex probate estates and deceased grantor trusts that require a higher level of technical expertise and knowledge in estate and trust administration.
  • Responsible for increasing estate revenue by developing and maintaining partnerships with Private Wealth Management business partners and through referrals from other business lines.
  • Participates in sales calls as needed, offering Estate Settlement expertise.
  • Coordinates communication with internal support partners (Tax, Compliance, Real Estate, Private Business Group) to ensure accurate, timely, and efficient administration and to manage business risk.
  • Builds and maintains relationships with external business partners (Attorneys and CPAs) and other organizations to promote awareness of Estate Settlement Services.
  • Acts as a technical resource to colleagues within and outside of Estate Settlement team.
Desired Qualifications
  • JD, advanced degree and/or certifications preferred
  • Knowledge of probate administration (multi-state), fiduciary income tax, and estate taxes preferred
  • Knowledge of Bank of America's proprietary trust systems a plus

Bank of America provides a wide range of financial services to individuals, small and medium-sized businesses, and large corporations. Their offerings include banking, investing, asset management, and risk management products. The company serves around 56 million consumer and small business accounts in the U.S. Bank of America stands out from its competitors by being a leading wealth management firm and a major player in corporate and investment banking and trading. The goal of Bank of America is to help clients achieve their financial goals through comprehensive financial solutions.

Company Stage

IPO

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1904

Simplify Jobs

Simplify's Take

What believers are saying

  • Focus on digital banking enhances customer experience and operational efficiency.
  • Expansion in wealth management aligns with global trends in personalized services.
  • Partnerships in blockchain solutions offer faster, secure transactions.

What critics are saying

  • Increased competition in credit facilities may impact market share.
  • Large corporations raising capital through share sales could affect liquidity management.
  • Syndicated loan platforms may disrupt traditional lending models.

What makes Bank of America unique

  • Bank of America is a leader in corporate and investment banking globally.
  • The bank is a key player in sustainable finance and green bonds.
  • It heavily invests in AI for risk management and fraud detection.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Sick Leave

Flexible Work Hours

Remote Work Options

Professional Development Budget

Conference Attendance Budget