Northern Trust

2 months ago

Senior Estate Administrator

✓ Verified Job

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Source: Company careers pageValidated by: Fursa AI

Last checked: 6 hours agoStatus: Live

Job Summary

Lead administrator for complex probate estates and taxable trusts, coordinating internal teams, co-fiduciaries, and outside counsel. Manage tax elections, asset valuation, real estate, and investments; navigate sensitive family dynamics; educate clients on Northern Trust services while maintaining fiduciary duties and regulatory compliance.

Location: United States

Workplace: Onsite

Employment Type: Full time

Job Function: Administration & Executive Assistance

Key Responsibilities

•Marshal and administer assets in complex estates and taxable trusts, ensuring fiduciary responsibilities are fulfilled throughout the administration and settlement process.
•Decide substantive questions arising within estates, including tax elections, use of tax reserves, disposition, valuation and collection of assets, cash management, resolution of liabilities, audits, and litigation matters.
•Manage accounts featuring sophisticated estate plans, unusual assets, complicated will or trust provisions, intricate tax matters, significant investment decisions, and sensitive family situations.
•Administer unusual assets such as closely held stock, investment concentrations, large or multiple real estate holdings, unusual qualified plans, deferred compensation agreements, and farms.
•Coordinate account requirements and beneficiary needs during the estate settlement period, ensuring effective communication of decisions with internal teams and external parties.

Key Requirements

•Minimum of 8 years of experience in estate administration or personal trust, with broad exposure to legal, tax, investment, and operational elements.
•Advanced knowledge of estate planning and tax laws, trusts, fiduciary income, investments, real estate, accounting, trust operations, and current issues affecting estate administration.
•Ability to marshal and administer assets in complex estates and taxable trusts while ensuring fiduciary responsibilities are fulfilled throughout the administration and settlement process.
•Proven judgment and problem‑solving skills applied to complex and sensitive estate matters.
•Strong communication and relationship‑management skills with internal teams, co‑fiduciaries, outside counsel, beneficiaries and advisors.

Experience:8+ yearsWealth managementFinancial servicesBanking

Skills:CommunicationProblem-solvingRelationship managementAttention to detailCollaboration

Languages:English

Company Brief

Northern Trust

Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn

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Northern Trust

2 months ago

Senior Estate Administrator

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI

Last checked: 6 hours agoStatus: Live

Job Summary

Location: United States

Workplace: Onsite

Employment Type: Full time

Job Function: Administration & Executive Assistance

Key Responsibilities

•Marshal and administer assets in complex estates and taxable trusts, ensuring fiduciary responsibilities are fulfilled throughout the administration and settlement process.
•Decide substantive questions arising within estates, including tax elections, use of tax reserves, disposition, valuation and collection of assets, cash management, resolution of liabilities, audits, and litigation matters.
•Manage accounts featuring sophisticated estate plans, unusual assets, complicated will or trust provisions, intricate tax matters, significant investment decisions, and sensitive family situations.
•Administer unusual assets such as closely held stock, investment concentrations, large or multiple real estate holdings, unusual qualified plans, deferred compensation agreements, and farms.
•Coordinate account requirements and beneficiary needs during the estate settlement period, ensuring effective communication of decisions with internal teams and external parties.

Key Requirements

•Minimum of 8 years of experience in estate administration or personal trust, with broad exposure to legal, tax, investment, and operational elements.
•Advanced knowledge of estate planning and tax laws, trusts, fiduciary income, investments, real estate, accounting, trust operations, and current issues affecting estate administration.
•Ability to marshal and administer assets in complex estates and taxable trusts while ensuring fiduciary responsibilities are fulfilled throughout the administration and settlement process.
•Proven judgment and problem‑solving skills applied to complex and sensitive estate matters.
•Strong communication and relationship‑management skills with internal teams, co‑fiduciaries, outside counsel, beneficiaries and advisors.

Experience:8+ yearsWealth managementFinancial servicesBanking

Skills:CommunicationProblem-solvingRelationship managementAttention to detailCollaboration

Languages:English

Company Brief

Northern Trust

Industry: Asset Management

Company Size: Enterprise (1,001+ employees)

Revenue: USD 1B+

Growth: Public Company

Valuation: Public Company (Market Cap in USD)

Funding: IPO / Publicly Listed

Headquarters: Chicago, United States

Founded: 1889

Glassdoor: 3.9

Website LinkedIn