Associate Trust Counsel- Unique Assets

About the Role:

This position reports to Trust Counsel and is responsible for managing and monitoring all aspects of unique assets in client accounts. Unique assets can include real estate (residential and commercial) business entities mineral interests private equity and other illiquid assets owned within Baird Trust accounts. This role also acts as liaison between Baird Trust and third-party vendors relating to unique addition to unique asset responsibilities the Associate Trust Counsel also assists other members of the Trust Counsel office in supporting trust company associates.

The Impact Youll Make:

• Manage and oversee all aspects of unique asset administration including asset acceptance onboarding custody valuation pricing reporting risk monitoring and related operational workflows ensuring compliance with Baird Trust policies procedures and fiduciary standards.

• 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 including attending meetings or serving on boards related to trust-owned entities when required.

• Manage third-party vendor relationships related to unique assets including appraisers property managers and other service providers; participate in internal external and financial audits as required.

• Lead mentor and develop associates within the Unique Asset Group by providing coaching feedback and professional development opportunities; conduct internal training to promote consistency and best practices in trust and unique asset administration.

• Participate in Administrative Review and other risk management committees as well as policy discussions new initiatives system implementations process improvements and cross-functional special projects.

• Promote Baird Trust through advisor education presentations and consultation on estate planning and trust-related topics; deliver proactive ethical and client-focused service and make referrals to other firm areas when appropriate.

• Maintain current knowledge of regulatory fiduciary legal and industry trends through ongoing education and participation in relevant professional and industry trade organizations.

What Youll Bring to Baird:

• Legal expertise and experience in fiduciary and trust law related to unique assets; a strong understanding of regulatory compliance would be a plus

• 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)

Education/Previous Experience:

• 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).

• Experience as a people leader is a plus

Licenses/Certifications:

• Admitted to State Bar Association

• Professional certifications a plus (JD CTFA etc.)

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Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race color religion sex pregnancy citizenship national origin age disability military service veteran status sexual orientation gender identity or expression genetic information or any other status protected by law.