Description:

Overview:
The Fiduciary Counsel will act as the Company's internal legal advisor on trust, estate and other fiduciary matters. This position will work collaboratively across the enterprise to provide practical, knowledgeable and effective advice to both A Wealth Management Firm. This position will report to the General Counsel in Philadelphia.

Responsibilities:
Internal Legal Counsel. Serve as trusted and practical advisor for trust administration, estate settlement and wealth advisory matters. Provide legal advice to the Private Wealth and Endowments & Foundations business lines. Work collaboratively with outside counsel to resolve fiduciary issues. Manage, advise and resolve legal disputes; effectively manage and liaise with outside counsel on fiduciary proceedings in multiple state court forums. Manage third-party subpoena responses and productions. Provide creative yet prudent advice on complex transactions and structures as well as on questions concerning wealth advisory agreements, fee structures, nonjudicial settlement agreements, procedures and best practices. Counsel and support Private Wealth colleagues to ensure proper trust administration, including trust decantings and trust situs transfers. Collaborate with Business Development Officers on prospective clients involving complex fiduciary appointments.

External Presence. This position will also need to maintain excellent working relations with the community of attorneys and other advisors who advise our clients and potential clients. In addition, this position will have the opportunity to write and to speak on emerging issues in the industry and the practice area.

Legal and Business Strategy. A Wealth Management Firm Legal, Audit, Risk, Compliance, and Office of the Corporate Secretary department (LARC) works collaboratively to establish an overall strategy, manage projects with a firm-wide impact, and provide critical support and advice to all areas of the enterprise. This position must be a key contributor to developing and achieving key strategic initiatives within LARC.

Firm Building. Take an engaged role in firm-wide initiatives and projects, including participation in committees or working groups, enhancing the client experience, increasing productivity, and leading training and education initiatives.

Required Qualifications:

Bachelors and Juris Doctor degrees required.
Minimum seven (7) years progressive experience at a law firm, trust company or corporate in-house position required.
Must be admitted and in good standing in at least one state bar.

Preferred Qualifications:

Excellent leadership, project management and collaboration skills as well as deep subject matter expertise and a proven track record are required for this position.
Demonstrated ability to delegate, develop and effectively problem solve.
Experience with broad range of wealth management and wealth transfer structures, including dynasty trusts, asset protection trusts, directed trusts, charitable trusts and individual retirement accounts.
Experience with wide range of court proceedings, including accountings, probate matters, will contests, and litigation matters.
Experience with alternative / special assets.
Financial Services industry experience preferred, particularly in investment and wealth management.
Must have solid judgment on trust and fiduciary matters.
Must have practical business judgment and executive decision-making.
Excellent organizational skills, analytical skills and attention to detail.
Ability to travel, as needed, for client meetings.