Chicago, IL
About Northern Trust
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
(GUARDIANSHIP)
SENIOR ESTATE ADMINISTRATOR
OH R124844
Administers guardianship estates and court supervised trusts on behalf of bank as Guardian of the Estate/trustee. Manages relationships among wards, guardians of the person
attorneyforestateco-fiduciariesguardiansadlitemcase
managerstaxadvisors
investments,insurance,legal,
business,bankingandmanagement.
supervised trusts in accordance with
Administersestatesand/orcourt
courtordersandapplicable
Working with outside counsel and the ward's Guardian of the Person, manage all substantive issues arising within the estate, including formulation of
budgetspurchaseofsuitablerealestatepresentationofannualaccountingsvaluationand
ofassets,raising
ofcash,resolution
liabilities,review
documents,andappearancebeforeprobatecourt.
Functions as the primary contact for handling estate issues that arises in asset
management,taxcompliance,taxplanning,fundings,anddistributions.
Workswithinvestment,realestate,insuranceandotherinternal
partners,aswellas
Overseespreparationandfilingofallpertinent
courtdocuments.
Communicates
andmonitorsportfoliomanagertoensurethatinvestmentscomply
needs,taximplications,
ProbateActrequirementsestateneedsetc.Ensures
the person, responding to their needs and explaining issues that arise in the estate. Educates clients on available options for addressing issues, including court requirements and
Establishesandmaintainsstrongrelationshipwiththeward,familyandguardianof
regulatory/taxchanges.
Cultivatesrelationshipsforexpandedbusinessopportunitieswiththebank(personaltrust,
NorthernTrustSecurities,investmentmanagement,privatebanking,etc.).
Oversees special tasks, including purchase or sale of real estate estate owned vehicles insurance policies estate planning pursuits etc.
issues using outside counsel, in-house legal or tax counsel, other administrators and
Coordinatesdiscussionandreviewofrealestate,tax,investment,andlegal
managementasresourcesinreachingadecision.
Cultivates relationships with outside attorneys and other resources to grow the business.
The successful candidate will benefit from having the following competencies
- Knowledge of guardianship, estate planning and tax laws, trust, investments
- ,
- real estate, basic accounting, trust operations through formal education in law or related field and work experience is required to implement guardianship administration and estate plans.
- Ability to handle multiple responsibilities in a fast paced and often stressful environment is a must.
- Able to effectively communicate and relate to professionals, clients and partners with vastly different educational levels backgrounds interests beliefs etc.
- Stronglypreferred-Licensedattorneyminimum5years
- ofexperienceinguardianship
- Spanish fluency a plus.
Working with Us
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.