FAMU National Alumni Association · 12 hours ago
Senior Trust Officer
Chevy Chase, MD
Full-time
Onsite
Mid, Senior Level
$98K/yr - $210K/yr
5+ years expFAMU National Alumni Association is connected with Bank of America, which is dedicated to improving financial lives through meaningful connections. The Senior Trust Officer role involves managing fiduciary and investment management accounts for high-net-worth clients, overseeing trust product awareness, and driving business development while ensuring compliance with regulatory requirements.
Non-profit Organization Management
Responsibilities
Provides fiduciary administration support including the review of trust instruments, participating in matters where the trustee is exercising discretion, managing risk, and conducting periodic trust reviews
Supports investment management accounts including the coordination of opening and closing accounts, money movement, and account maintenance
Engages with clients and prospects to build and transfer wealth tailored to their unique goals, while delivering a high-quality experience
Ensures compliance with regulatory and legal requirements related to client accounts and portfolios
Identifies and develops new business opportunities by pursuing new or expanded relationships with existing clients and prospects
Qualification
Required
Minimum of five years of trust administration and estate planning experience
Demonstrated technical expertise in the areas of trust administration, fiduciary law, and estate and wealth transfer planning
Strong knowledge of and adherence to compliance with policies, procedures, regulatory, and legal requirements related to client accounts and portfolios
Ability to identify and develop new business opportunities by pursuing new or expanded relationships with existing clients and prospects
Demonstrates initiative and a proactive approach to problem solving
Creative though prudent approach to providing solutions within the bank's risk/reward profile
Proven ability to confidently close sales and meet or exceed revenue targets
Has good people/partner communication skills and is a team player
Displays a high level of savvy and sophistication regarding high-net-worth clients' concerns / issues
Ability to and experience with communicating and connecting with high-net-worth clients
Preferred
Fiduciary professional with CTFA, CFP, AEP, JD, and/or CPA
Bachelor's Degree or equivalent business experience in High-Net-Worth Trust environment
Benefits
Discretionary incentive eligible
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.
Company
FAMU National Alumni Association
The Florida A&M University National Alumni Association (FAMU NAA), a non-profit organization, incorporated under the laws of the State of Florida, was established to serve its alumni and the University, to actively promote the interest of Florida A&M University as an institution of higher learning, research and public service, to focus on the educational needs of all Americans to support cultural diversity and equal access to a quality education at Florida A&M University.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase