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The Northern Trust Company, Florida

Legal Counsel – Trust

 

This position is in the Trust Counsel Practice Group and reports directly to the Trust Counsel who is an Assistant General Counsel in Florida and ultimately to the Trust Counsel in Illinois who is an Deputy General Counsel.


The candidate will be an attorney with broad experience in all areas of trusts, estates guardianship and transfer taxes.  This candidate will be responsible for:

 

• Reviewing will and trust agreements when the bank is named to serve in a fiduciary capacity in order to protect the bank, comply with the law, and satisfy client expectations;
• Reviewing other legal documents such as post nuptial agreements, disclaimers, settlement agreements, consents, waivers, etc. and providing legal advice to internal partners regarding same;
• Providing legal counsel to management and business partners in our Wealth Management business on a broad range of trust and fiduciary matters, including review of trust documents, estate settlement matters, trust real estate matters, homestead issues, trust and estate litigation and complex trust/fiduciary legal issues;
• Serving as a resource and providing legal advice to internal partners in our Wealth Management business concerning on-going trust, estate and guardianship administration matters and questions that arise;
• Analyzing proposals to modify or terminate trusts in order to assess the legal risk and communicate same to partners and clients;
• Acting as legal advisor to various committees to advise on legal risk and compliance issues;
• Promoting the bank by attending and speaking at industry and client conferences;
• Overseeing and monitoring of trust and estate litigation when Northern is acting in a fiduciary capacity and working with the internal and external litigation team on matters that the bank is sued in its corporate capacity;
• Reviewing resignations, removals and signing off on distribution memos for account terminations; 
• Promoting Northern by participating in local and regional meetings and conferences, both internal and external; 
• Speaking at industry and client conferences and meetings including internal trust school;
• Giving educational presentations to internal partners in Wealth Management; and
• Participating in Florida Bar RPPTL meetings.


Knowledge Required

 

- Knowledge of trust and asset services, and estate, gift and generation-skipping transfer tax rules, usually acquired through extensive related work experience, is required to advise on legal risks and compliance issues.

- Strong analytical skills are required to negotiate review of will, trust and other fiduciary documents and related agreements.

- J.D. license is required to interpret legal documents and analyze transactions.


Skills Required

 

• Excellent verbal and written communication skills;

• High level of trust and estate knowledge and broad experience in all areas of trust, estates, guardianships and transfer taxes;

• Ability to handle a wide range of trust and fiduciary matters independently; using high quality legal analysis and practical judgment;

• Ability to spot issues and  risk to the bank and develop appropriate solutions;

• Ability to make important decisions quickly and independently;

• Ability to multi-task and handle many matters at the same time;

• Ability to be responsive within short deadlines;

• Ability to work closely as a team member both within the Legal group and with business partners;

• Able to develop good relationships and rapport with outside counsel;

• Good drafting and negotiation skills;

• Knowledge and experience of non-U.S. international trust and fiduciary matters, estate tax and other relevant experience is a plus.


Experience Required

 

- 7 years or more years of experience working in a major law firm or in-house practice in the trust and estate area. 

- The candidate must be admitted to practice law in Florida and be in good standing with the Florida Bar.

- Extensive experience in advising on trust and fiduciary matters is essential.

- Participation in bar association or industry committees and speaking at client functions is a plus. 

 

 For more than a century, Northern Trust has worked hard building our legacy of outstanding service, expertise and integrity. From a Chicago-based bank founded in 1889, we now have more than 20 international locations and 18,500 employees globally. We serve the world’s most-sophisticated clients – from sovereign wealth funds and the wealthiest individuals and families, to the most-successful hedge funds and corporate brands.


We burnished our reputation as a global leader delivering innovative investment management, asset and fund administration, fiduciary and banking solutions enabled by sophisticated, leading technology. And through it all, we continually laid a solid, forward-looking foundation on which future generations can continue growing and achieving greater.


As of September 30, 2018, Northern Trust Corporation had:

$10.8 trillion in assets under custody/administration
$8.2 trillion in assets under custody
$1.2 trillion in assets under management
$132 billion in banking assets

 

 

 

 

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Reasonable Accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), +630-276-5353 (Asia Pacific), +44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information.

Equal Employment Opportunity Statements
  • APAC EEO Statement
    • APAC EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • Canada EEO Statement
    • Canada EEO STATEMENT

      Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance.

  • EMEA EEO Statement
    • EMEA EEO STATEMENT

      It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development.

  • USA EEO Statement
    • USA EEO STATEMENT

      It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO poster (U.S.)EEO is Law Poster Supplement