Delaware Business Support Manager II
Bank of America
- Location
- Wilmington
- Work model
- On-Site
- Level
- Mid
- H-1B history
- 278 approvals (FY2023)
- Posted
- 22h ago
About this role
Job Description
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description
Manages diverse administrative functions usually for a very large, complex department or for a complete line of business that may be regional or national in scope, often requiring associates in one or more location. Functions managed may include: financial control/budgeting and consolidation, personnel processes, audit/compliance, premises, and coordination of certain projects, associate training, service quality, process improvement, business continuity, or communication. Consults with senior management in evaluating current methods and developing strategies to implement changes and improvements. Requires a thorough knowledge of the department or business units functional area or products. Working knowledge of general bank policies, programs and procedures and financial/accounting practices. Generally has full management responsibility over a relatively large team and may manage one or more levels of managers. Leads the support/administrative functions for a somewhat large department usually at a local level. Responsibilities may include budget analysis and recommendations, operations analysis, identification and resolution of work flow issues, associate training, service quality, process improvement. Resolves personnel, audit and/or budget issues by researching and analyzing unusual problems, administers bank programs and policies and provides interpretation to department. Requires an in-depth knowledge of bank policies and programs and of the departments functional operations. May direct workflow activities.
Responsibilities
Assist the U.S. Trust Company of Delaware team with reporting on various administrative matters, including researching, coordinating, and helping resolve open administrative issues. Assist the team with annual enterprise testing (e.g., ENACT, ATV) and Business Continuity requirements. Generate reports (e.g., ARQ) to assist the team in managing its books of business in an efficient and compliant manner. Monitor upcoming due dates and administrative tasks for the USTDE team, providing support as needed to help ensure timely completion. Examples include ARS items and fee disclosures. Support various control, metric, and operational initiatives impacting USTDE, including Delaware distribution imaging, annual difficult-to-value mailings, providing investment fiduciary tax returns to investment advisors, continued asset ownership letters and monitoring additional contributions to Asset Protection Trusts.