Philanthropic Officer (PO)
Company: Disability Solutions
Location: East Hartford
Posted on: April 20, 2024
Job Description:
Job 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!Job Description: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 client-facing
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.
- Proactively communicates via phone and e-mail directly with
clients, Private Bank partners and various lines of business, as
well as external resources - accountants or attorneys, who are
related to the client relationships as part of day-to-day
management.
- 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
- 2-5 years of institutional philanthropic, non-profit
administration, fiduciary banking, or financial services
experience
- Passion for the non-profit 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 requiredDesired Skills -
- Experience working with MicroEdge Gifts and PACE systems
- Relationship management experience working directly with
non-profit organizations, boards and/or UHNW clients
- Established knowledge of all types of charitable entities,
trust, fiduciary law, and federal regulations
- Charitable Trust Administration experienceShift:1st shift
(United States of America)Hours Per Week: 40
Keywords: Disability Solutions, Hartford , Philanthropic Officer (PO), Accounting, Auditing , East Hartford, Connecticut
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