Specialized Fiduciary Officer I (SFO I)

Back to search results Specialized Fiduciary Officer I (SFO I) Boston, Massachusetts 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!Specialized Fiduciary Officer I (SFO I), Private Banking, Boston - This job is responsible for assisting in ensuring all documents are properly completed and comply with policy guidelines and industry regulations. Key responsibilities include supporting improvements to manage, control, and mitigate fiduciary risk, while working closely with team members to drive consistency in approach and results. Job expectations include assisting in administration of trust accounts and having knowledge of fiduciary laws, regulations, standards of management, and internal fiduciary policies and procedures. Qualifications -BS/BA degree preferred in a business related field2-3 yrs. experience working with high net worth clients required specific to the Private Banking and Merrill Lynch divisions. In addition to specific Trust and Fiduciary services work experience required of the qualified candidate.Responsibilities:Supports improvements to the bank's ability to manage, control, and mitigate fiduciary riskSupports administrative reviews of trust accounts to drive consistency in approach and resultsSupports activities that ensure accounts are in line with the fiduciary standard by complying with policies and industry regulationsSupports mitigating fiduciary risks, while addressing client issues and concernsSkills:• Attention to Detail• Customer and Client Focus• Problem Solving• Relationship Building• Risk Management• Account Management• Administrative Services• Client Management• Issue Management• Active Listening• Candidate Screening• Prioritization• Process Simplification• Referral IdentificationMinimum Education Requirement: High School Diploma / GED / Secondary School or equivalentFor internal employees: participation in a work from home posture does not make you eligible to post.Shift: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-26019696 Manages People: No Travel: No Age requirement: Must at least be 18 years of age. Massachusetts pay and benefits information Massachusetts pay range: $64,800.00 - $81,600.00 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