Custody Specialist I - New York, NY -New York, NY, United States -Job number: 18013421 -Job Description: Business Overview U.S. Trust, Bank of America Private Wealth Management is a leading private wealth management organization providing vast resources and customized solutions to help meet clients' wealth structuring, investment management, banking and credit needs. Clients are served by teams of experienced advisors offering a range of financial products and services, including investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship. U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America, N.A., which is a global leader in wealth management, private banking and retail brokerage. U.S. Trust employs more than 4,100 professionals and maintains 135 offices in 33 states. Description: Responsible for supporting the day-to-day administration and handling of custody relationships, requiring knowledge of securities and custody administration. Works with custody team members to address or escalate client issues/inquiries or other related custody functions. Responsible for coordination with external partners (investment managers, brokers) and internal support partners (Securities Operations, Tax Compliance, etc.) to ensure accurate, timely and efficient custody administration. May act as a subject matter expert to teammates, depending on level of expertise and experience. Qualifications Education and Experience -Undergraduate degree or equivalent experience -Candidate should have 1- 3 years of Financial Services experience with a sound understanding of the needs of clients. -Background in banking administration, client service, relationship management or sales oriented role (a combination of skills is desired) -Custody or Asset Servicing experience a plus Skills and Knowledge -Proficiency in Microsoft Office software (Word, Excel, PowerPoint, and Outlook) -Strong writing and grammatical skills -Excellent analytical, communication, and organization skills -Ability to multi task in a fast paced environment, managing multiple projects and escalating issues where appropriate -Knowledge of banking or brokerage systems a plus Behaviors and Conduct Must be able to work independently in a fast-paced environment to prioritize, organize, and communicate with all levels, internally and externally. It is critical that the candidate be able to communicate effectively with supported Team to understand timing of requests, in order to be able to prioritize work, and collaborate within the Team environment. Sensitivity, discretion, judgment, tact and diplomacy are necessary in this role. Strong ability to multi-task, react and think quickly. Ability to seek clarification or assistance when needed. Self-starter with strong sense of ownership and involvement is critical. Strong belief in Bank of America values and ability to consistently operate within their boundaries. Make sound, definitive business decisions which meet our clients needs within the confines of our policies and procedures- work with management and various other Bank of America departments to address as necessary Posting Date: 03/09/2018 Location: New York, NY, 114 W 47TH ST (NY8114), - United States Travel: No Full / Part-time: Full time Hours Per Week: 40 Shift: 1st shift