Wealth Strategies Associate

Company: Disability Solutions
Location: Pennington
Posted on: April 20, 2024

Job Description:

Job Description:Wealth Strategies Associate - At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Description/Responsibilities:

• Coordinates all trust new business submissions, prepares internal paperwork/new account packages for client review and execution, and manages expectations (e.g., timeframes, paperwork requirements and the end-to-end process flow).
• Works with multiple internal partners including Senior Portfolio Oversight Managers, the Office of Chief Fiduciary and Market Trust Executives to secure required approvals.
• Coordinates complex funding strategies, e.g., SAM assets (real estate, LLC/LPs, closely held stock), controlled stock, external assets and internal transfers with operations partners and advisors.
• Monitors accounts until activation and investment enrollment across multiple platforms e.g., IAP, PAS, Alternative Investments.
• Partners with the team in the handoff of the relationship to trust administration once onboarding has been completed.Required Qualifications:
  • Bachelor's Degree or equivalent experience required; JD strongly preferred.
  • Prior trust experience strongly preferred.
  • Understanding of (or the willingness and ability to learn) estate planning concepts, trust products, platforms, systems, policies, and procedures.
  • Knowledge of the underlying nature of a client's estate plan through appropriate interface with clients, financial advisors, and outside legal and tax advisors.
  • Must possess strong interpersonal skills.
  • Strong verbal and written communication skills.
  • Detail-oriented, accurate, well organized and possess a strong sense of urgency.
  • Ability to shift priorities at a moment's notice.
  • Solid team player.Shift:1st shift (United States of America)Hours Per Week: 40

Keywords: Disability Solutions, Levittown , Wealth Strategies Associate, Other , Pennington, Pennsylvania