Specialized Fiduciary Officer III (SFO III), Life Insurance Trust (LIT))

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 is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Specialized Fiduciary Officer III (SFO III), Life Insurance Trust (LIT) - This job is responsible for supporting Specialized Fiduciary activities, monitoring progress, and providing approvals. Key responsibilities include building and maintaining relationships with business partners and coordinating communication with partners to manage business risk. Job expectations include serving as a primary contact in absence of field based officer. Responsibilities:

• Oversees large, complex fiduciary administration relationships, and supporting teams
• Oversees administrative reviews of trust accounts to drive consistency in approach and results
• Owns relationships to drive accurate and timely administration to clients, and manages risk to the firm
• Ensures accounts are in line with the fiduciary standard by complying with policies and industry regulations
• Serves as technical expert for the team, sharing knowledge of fiduciary laws, regulations, standards of management, and fiduciary policies and procedures
• Builds relationships and drives outcomes with business partners

Managerial Responsibilities : This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above. Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals. Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement. Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions. Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues. People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance. Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions. Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization. Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work. Skills : Attention to Detail Customer and Client Focus Issue Management Problem Solving Risk Management Account Management Candidate Screening Prioritization Process Simplification Relationship Building Active Listening Client Management Collaboration Mentoring Referral Identification Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent For 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 #J-18808-Ljbffr Bank of America