Job Details

Legal Staff Paralegal in Dallas, TX

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Company name

JPMorgan Chase & Co,

Organization Type

In-House

Job Type

Legal Staff

Practice Area

Trusts and Estates

Years of Experience

1-3 yrs required

Location

Dallas, TX

Date Last Verified

Feb 27,2018

Posted on

Feb 05,2018

12 hits

Profile

Wealth Management - Private Bank Trust Administrator, Associate The candidate will work with the Account Opening Group to open trust accounts. Interpret the governing instrument and applicable law to ensure the proper set-up of account records, including payments, fee schedules and tax records. Communicate with beneficiaries and co-trustees to outline administrative procedures. Respond to client issues, anticipate client needs, and prepare for and participate in client meetings with the Trust Officer. Work with the Tax Officers and counsel on income, gift, estate, and generation skipping taxes for the trust/estate and its beneficiaries. Respond to requests from beneficiaries for discretionary distributions. Prepare memoranda supporting recommendation regarding how the Bank shall exercise discretionary powers it has as trustee. Confer with co-trustee (if any) to obtain his/her approval. Coordinate with Trust Officer on the communication of the decision to client and follow-up action on the request as necessary. Handle ongoing day to day administration of account, and proactively manage account base in an effort to avoid and minimize service and operational issues. Oversee the work performed by various operational groups. Identify risk that might be incurred in connection with a trust, consistent with any applicable policies and procedures governing the risk in question. Utilize risk management tools, such as the overdraft report, daily transaction report, Administrative Review, Holistic Review and the AAR Variance Report to ensure that all exceptions are properly addressed and kept to a minimum. Communicate with Investors regarding investment matters and liquidity needs. Handle departmental projects relating to accounts and special assets. Participate on various committees as needed. Bachelor's degree required. Should have 1-3 years of experience in the trust and estates industry. Advanced degree such as JD, industry certification such as CTFA or paralegal certificate, with paralegal experience in trust and estates practice preferred. Should have experience in the administration and support of trusts including general understanding of fiduciary products and concepts, including legal, tax and investments knowledge.

Additional info

Ref: 170123163

Company info

Hiring Coordinator
JPMorgan Chase & Co,
2200 Ross Ave
Floor 10
Dallas, TX 75201