Settlement Officer III - Estate Settlement

Back to search results Settlement Officer III - Estate Settlement Washington, District of Columbia; Richmond, Virginia Additional locations Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.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 managing and settling the larger and more complex probate estates and deceased grantor trusts. Key responsibilities include account management, completion of account related administrative tasks, and proactively communicating with the parties related to the account. Job expectations include the ability to work independently and escalate issues to reduce risk, build relationships with partners, and coach less experienced teammates.Responsibilities:Manages more complex probate estates and deceased grantor trusts that require a higher level of technical expertise and knowledge in estate and trust administrationBuilds and maintains relationships with internal support partners (Tax, Risk, Real Estate, Private Business Group) and external partners (CPA and Attorneys) to manage risk by ensuring accurate, timely and efficient administrationMaintains high quality, proactive communication with beneficiaries with a focus on client satisfaction and asset retentionEscalates matters to assist in the management of the bank's riskActs as a technical resource for colleagues in Estate Settlement Services and with other internal partnersCoaches, develops and mentors Assistants and OfficersRequired Qualifications:BS/BA or equivalent experience required Minimum of 3 years of personal trust/estate settlement/investment related experience requiredDesired Qualifications:JD or Professional designation in paralegal studies preferredExperience with High-Net-Worth clienteleStrong communication and organizational skillsAbility to work in a fast-paced environment where multi-tasking and prioritization is a necessityWorks well as an individual contributor and member of a teamProficient use of Microsoft Office suiteAbility to learn and apply new technology and systemsMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalentSkills:Account ManagementCustomer and Client FocusOral CommunicationsRisk ManagementWritten CommunicationsCollaborationDecision MakingIssue ManagementPrioritizationProblem SolvingAttention to DetailClient ManagementMentoringProcess SimplificationReferral IdentificationShift:1st shift (United States of America)Hours Per Week: 40 Learn more about this role Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Refer a friend Apply × To proceed with your application, you must be at least 18 years of age. Acknowledge × Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position. Acknowledge Full time JR-26028505 Manages People: No Travel: Yes, 5% of the time Age requirement: Must at least be 18 years of age. Virginia pay and benefits information Virginia pay range: $109,100.00 - $135,700.00 annualized salary, 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 Washington, DC pay and benefits information Washington, DC pay range: $109,100.00 - $135,700.00 annualized salary, 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 Share: Save job Job saved