Specialized Fiduciary Officer I (SFO I)

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We drive Responsible Growth and deliver for our clients, teammates, communities, and shareholders every day. Our inclusive workplace supports every teammate’s success, career growth, and contributions to shared success. We attract and develop exceptional talent, recognize and reward performance, and provide affordable, competitive, and flexible benefits to support physical, emotional, and financial wellness.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development with clear in-office expectations and role-specific flexibility.

About the role

This position assists in ensuring all documents 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. The role involves assisting in the administration of trust accounts and requires knowledge of fiduciary laws, regulations, standards of management, and internal fiduciary policies and procedures.

Responsibilities

• Supports improvements to the bank's ability to manage, control, and mitigate fiduciary risk
• Supports administrative reviews of trust accounts to drive consistency in approach and results
• Supports activities that ensure accounts comply with the fiduciary standard by adhering to policies and industry regulations
• Supports mitigating fiduciary risks while addressing client issues and concerns

Requirements

• BS/BA degree preferred in a business-related field
• 2-3 years of experience working with high net worth clients, specifically within the Private Banking and Merrill Lynch divisions
• Specific Trust and Fiduciary services work experience required
• High School Diploma / GED / Secondary School or equivalent (minimum education requirement)

Skills

• Attention to Detail
• Customer and Client Focus
• Problem Solving
• Relationship Building
• Risk Management
• Account Management
• Administrative Services
• Client Management
• Issue Management
• Active Listening
• Prioritization
• Process Simplification

Pay

Pay range: $64,800.00 - $81,600.00 annualized salary. Offers are determined based on experience, education, and skill set. This role is eligible to participate in the annual discretionary incentive plan.

Schedule

• 1st shift (United States of America)
• 40 hours per week

Benefits

This role is benefits-eligible. We provide industry-leading benefits, access to paid time off, and resources to support employees in making a genuine impact and contributing to sustainable business growth and communities.