Associate Trust Counsel managing and overseeing unique assets in client accounts at Baird. Acting as a liaison between Baird Trust and third-party vendors related to unique assets.
Responsibilities
Manage and oversee all aspects of unique asset administration, including asset acceptance, onboarding, custody, valuation, pricing, reporting, risk monitoring, and related operational workflows
Review and interpret trust, estate planning, and other legal documents; partner closely with Trust Officers on irrevocable trust administration and complex fiduciary, legal, and structural issues
Prepare, review, and monitor unique asset, fiduciary, and risk management reports; identify exceptions, investigate issues, and escalate unresolved matters through appropriate governance and risk management channels
Serve as a subject matter expert and technical resource for Baird Trust associates on unique asset administration, fiduciary controls, risk management practices, and closely held entities
Manage third-party vendor relationships related to unique assets, including appraisers, property managers, and other service providers
Lead, mentor, and develop associates within the Unique Asset Group by providing coaching, feedback, and professional development opportunities
Requirements
Four (4) year undergraduate degree and a Juris Doctorate (JD) degree
5+ years’ experience managing/overseeing unique assets (related to trust and estate administration a plus)
Legal expertise and experience in fiduciary and trust law related to unique assets
Knowledge and experience with drafting, interpreting, revising contracts, agreements, valuations, and deeds
Experience overseeing real estate property maintenance
Knowledge of principal and income accounting
Experience with Microsoft Office Suite of products (Excel, PowerPoint, Word, Outlook, Access)
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