Legal Counsel- Private Wealth (Hybrid)

$99,750 - $257,250/Yr

Umb Financial Corporation - Kansas City, MO

Full-time - Mid Level

Kansas City, MO

Credit Intermediation and Related Activities

About the position

The Trust Legal Counsel will provide hands-on legal support and counsel to business leaders, managers, and colleagues on legal issues impacting UMB and its subsidiaries, particularly in the realm of Private Wealth Management. This role involves advising on fiduciary accounts, supervising decedents' files, reviewing investment-related issues, and ensuring compliance with applicable laws and regulations.

Responsibilities

• Advises and serves as a legal resource to Private Wealth Management and other Bank personnel.
• Assists in supervising the handling of decedents' files to ensure compliance with duties as custodian of Bank clients' wills, trusts, and estate administration.
• Reviews and advises on investment-related issues/topics.
• Reviews and advises on issues related to Registered Investment Advisors and Broker Dealers.
• Reviews documents in a timely, accurate, and thorough manner applying current applicable laws, rules, and regulations.
• Drafts appropriate documents in a timely, accurate, and thorough manner.
• Provides accurate and current information as requested, conducting research efficiently.
• Confers and communicates with various stakeholders including Legal Team Members and investment advisors.
• Provides education and training to other Private Wealth Management and Bank personnel.
• Assists with projects and research requested by Private Wealth Management.
• Assists with litigation relating to Private Wealth accounts, coordinating with internal litigation attorneys and outside counsel.
• Assists with the management of outside counsel relationships for Private Wealth.
• Participates on committees and attends meetings as deemed necessary.

Requirements

• Bachelor's degree
• JD and licensed to practice law
• 4 years of demonstrated experience in related law practice
• Knowledge in Trust, Estate and Financial Planning, Real Estate, Oil and Gas, Farms, Tax, Probate Administration, Charitable Planning, Retirement Planning, and other related areas
• Demonstrates working knowledge of investments and insurance products
• Excellent written and verbal communication skills
• Knowledge of Private Wealth and Bank products and services
• Proficiency in Microsoft Office (Word, Excel, Outlook)
• Good organizational skills

Benefits

• Paid holidays
• Health insurance
• Dental insurance
• Flexible spending account
• Tuition reimbursement
• Paid time off
• Adoption assistance
• Employee assistance program
• Vision insurance
• 401(k) matching
• Gym membership