Senior Estate Administrator

SENIOR ESTATE ADMINISTRATOR (GUARDIANSHIP)

OH: 107210

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; attorney for estate; co-fiduciaries; guardians ad litem; case managers; tax advisors and internal support groups including real estate, investments, insurance, legal, new business, banking and management.

1. Administers estates and/or court supervised trusts in accordance with court orders and applicable law.
2. Working with outside counsel and the ward's Guardian of the Person, manage all substantive issues arising within the estate, including formulation of budgets; purchase of suitable real estate; presentation of annual accountings; valuation and collection of assets, raising of cash, resolution of liabilities, review of legal documents, and appearance before probate court.
3. Functions as the primary contact for handling estate issues that arises in asset management, tax compliance, tax planning, fundings, and distributions.
4. Works with investment, real estate, insurance and other internal partners, as well as co-fiduciaries and outside counsel to consider all matters related to serving the best interest of the ward.
5. Oversees preparation and filing of all pertinent court documents.
6. Communicates and monitors portfolio manager to ensure that investments comply with Probate Act requirements and best meet the needs of the estate considering cash needs, tax implications, Probate Act requirements; estate needs; etc. Ensures that appropriate communication of investment decisions occurs between the bank and interested outside parties.
7. Establishes and maintains strong relationship with the ward, family and guardian of 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 regulatory/tax changes.
8. Cultivates relationships for expanded business opportunities with the bank (personal trust,
9. Northern Trust Securities, investment management, private banking, etc.).
10. Oversees special tasks, including purchase or sale of real estate; estate owned vehicles; insurance policies; estate planning pursuits; etc.
11. Coordinates discussion and review of real estate, tax, investment, and legal issues using outside counsel, in-house legal or tax counsel, other administrators and management as resources in reaching a decision.
12. 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.
• Strongly preferred -Licensed attorney; minimum 5 years of experience in guardianship administration or related field; Spanish fluency a plus.

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.

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.

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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 [email protected].

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.