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. 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:

The Senior Trust Officer (STO) maintains a trust book and is a seasoned Trust Officer in the market. STO works closely with local Private Bank teams to achieve strategic objectives of PWM market overall. The STOs primary responsibility is the administration and business development of the IM&T book. The STO will have a complex book of business and will be expected to deepen his or her relationships through estate and financial planning. STO leads, and is accountable for, trust product sales and working with MTE, MTTL or TTL to assure trust product awareness and education of clients and Private Bank associates in market. Responsible for the STO books management of fiduciary risks and trust policy adherence. Well-respected internally and externally with proven ability to partner effectively.

• Partner with PCAs to drive business development / close new Trust business in prospecting activities
• Proactively identify and harvest opportunities to deepen relationships within current client base
• Meet with key clients periodically to maintain relationships and identify issues / new business opportunities, and provide trust, estate, and wealth transfer planning advice
• Proactively engage other specialists within Bank of America’s Private Bank to best meet client needs (wealth strategists, Office of Chief Fiduciary, etc.)
• Proactively identify and resolve client issues
• Engage in high level trust administration; oversee all administration activities
• Document interpretation
• Oversee risk management activities
• Identify at risk clients; proactively resolve issues / meet with at-risk clients as needed to drive retention
   

Requirements:

• Bachelor’s Degree and a minimum of 5 years of trust administration and estate planning experience, preferred.
• Fiduciary professional with CTFA, CFP, AEP, JD, or CPA (or 6 months away from obtaining certification), preferred.
   

Key attributes / competencies:

• Technical expertise in the areas of trust administration, fiduciary law, and estate and wealth transfer planning
• Initiative/proactive approach to problem solving
• Creative though prudent approach to providing solutions within Bank’s risk/reward profile
• Ability / drive to “ask for the order” to close sales
• Good people/partner communication skills / team player
• Knowledge of policies, procedures, regulatory requirements
• High level of savvy and sophistication re: high net worth clients’ concerns / issues
• Ability to communicate and connect with high net worth clients

Shift:

Hours Per Week: 

Ankura is a team of excellence founded on innovation and growth.

Ankura Disputes & Economics (Trust & Mass Torts) Overview:

The Ankura Disputes & Economics, Trust & Mass Torts practice is commonly engaged to assist financial investigations, litigations and disputes, turnaround and process improvement engagements, and other critical business issues. The Data Analytics team specializes in the efficient identification of relevant and responsive data across clients’ vast internal systems and repositories and works with clients to efficiently extract and effectively analyze client data. The team’s consulting experience involves large, diverse, and often incomplete data sets across client enterprises including financial, accounting, human resources, payroll, and a variety of other business systems. The team collaborates with computer forensics and investigatory experts to assess and respond to both the quantitative and qualitative aspects of problems. A Senior Associate in the Data Analytics practice is responsible for utilizing data analytics and technology skills to provide accounting and finance related consulting services to clients.

The Senior Associate will work with clients – businesses, government entities, and/or law firms – to address their most complex and pressing concerns. The Senior Associate must be capable of applying advanced, strategic approaches to assist clients with complex information management and analysis challenges by combining data analytics techniques, sophisticated technology tools, and information management principles to help clients make well-informed decisions. Ankura provides Associates with the opportunity to work collaboratively on diverse teams with skilled, intelligent, driven, and successful individuals. Ankura is focused on hiring Associates who will serve as the foundation of a growing firm dedicated to its people, culture, and delivering high quality service to clients.

*This is a hybrid role with 1-2 days in the DC office.

ESSENTIAL DUTIES & RESPONSIBILITIES:

As a Senior Associate, you will be intimately familiar with the clients' big-picture objectives and challenges as well as ingrained in the smallest details of their organization’s data and IT infrastructure.  With this knowledge you will be responsible for designing and executing efficient, innovative analytical solutions to address their issues.  Responsibilities will include, but will not be limited to, the following:

• Coordinating with client contacts to identify, acquire, synthesize, and analyze relevant data

• Identifying the relationships among multiple sources and types of data, and organizing this information to facilitate effective data analysis

• Designing and implementing complex financial models to generate meaningful metrics and/or visual demonstratives

• Analyzing and interpreting historical financial, operational, and transactional data

• Performing the day-to-day client engagement activities, including interaction with client personnel, internal Ankura team members, and other stakeholders involved in the engagement

• Contributing to the overall success of the firm by participating in pitches, developing internal training, and marketing the firm externally to prospective clients

Required Skills & Qualifications:

• Minimum of a Bachelor’s Degree in finance, accounting, economics, statistics, data analytics

• Minimum of 3 years of work experience in a related field

• Experience with Python and/or R in addition to other data analytics languages

• Experience with SAS preferred

• Familiarity with database management and querying tools (e.g., SQL, VBA)

• Familiarity with data visualization tools such as Tableau

• Able to demonstrate excellent communication (written and verbal), mathematical, and organizational skills

• Able to adapt quickly in handling multiple/evolving tasks as a result of new engagements and/or re-prioritized deadlines

• Highly motivated, eager to learn, and able to motivate others

• Able to utilize technology to solve complex problems

• Able to produce high quality and/or final work product under strict deadlines

• Possess strong quantitative and qualitative research and analytical skills

• Possess strong team-oriented personality characteristics: hard-working, thoughtful, and collaborative, with a positive outlook and confidence

• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

#LI-AL1

#LI-Hybrid

Ankura is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability. Equal Employment Opportunity Posters, if you have a disability and believe you need a reasonable accommodation to search for a job opening, submit an online application, or participate in an interview/assessment, please email accommodations@ankura.com or call toll-free +1.312-583-2122. This email and phone number are created exclusively to assist disabled job seekers whose disability prevents them from being able to apply online. Only messages left for this purpose will be returned. Messages left for other purposes, such as following up on an application or technical issues unrelated to a disability, will not receive a response.

Job Description:

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

• Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

• Paid Parental Leave as well as an Adoption Assistance Program

• Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

We are an Equal Opportunity Employer

Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: www.corebridgefinancial.com

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.   Reasonable accommodations will be determined on a case-by-case basis.

Functional Area: