Philanthropic Officer - East Hartford, United States - Bank of America

Bank of America

Verified Company

East Hartford, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Philanthropic Officer (PO) -**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

The Philanthropic Solutions group at Bank of America's Private Bank delivers expertise and a comprehensive suite of investment and management services to help individuals and institutions build and sustain their charitable missions.

Serving in a trustee or agency capacity for private foundations, endowments, split-interest trusts and donor-advised funds, the Philanthropic Solutions team provides strategic advice and planning to help clients fulfill their mission more effectively, asset management services and solutions to help align and achieve financial and charitable objectives, and administration and record-keeping services to simplify donors' administrative burden.

Responsibilities -

Responsible for performing service and fulfillment activities to meet Philanthropic Solutions client needs and expectations.
Philanthropic product set expert who acts as an additional point of contact for clients and/or as a backup for clientfacing relationship managers.
Performs administrative duties for a breadth of philanthropic giving vehicles.
Provides high level administrative support to client facing relationship managers including day to day transaction processing. These duties include but are not limited to daily money movement activities, account set up and ongoing administrative reviews, system updates, grantmaking administration, and other compliance and regulatory matters as assigned.
Reviews and analyzes trust/financial information, reacts accordingly, and prioritizes as appropriate.
Provides recommendations to leadership of products and service requests that may enhance client satisfaction and experience. Also responsible for identifying new business and deepening opportunities from existing book of business.

Requirements -

BA/BS degree desired, not a requirement
25 years of institutional philanthropic, nonprofit administration, fiduciary banking, or financial services experience
Passion for the nonprofit sector and charitable engagement
Superb and effective communication skills
Excellent ability to work in fast paced and collaborative team environment as well as independently problem solve and make decisions that impact clients and partners
Strong analytical skills with high attention to detail and accuracy
Excellent organizational, prioritization and time management skills
Ability to take initiative and proactively follow up and follow through skills
Ability to operate with a high level of autonomy
Develop strong interpersonal alliance and fosters partnerships among team members and business partners and supports enterprise view to support GWIM objectives.
Significant knowledge of the legal, tax, investment, and compliance aspects of fiduciary administration
Microsoft Office Suite knowledge required

Desired Skills -

Experience working with MicroEdge Gifts and PACE systems
Relationship management experience working directly with nonprofit organizations, boards and/or UHNW clients
Established knowledge of all types of charitable entities, trust, fiduciary law, and federal regulations
Charitable Trust Administration experience

Shift:

1st shift (United States of America)

Hours Per Week:

40