Paralegal/Private Wealth Specialist
About The Position
BakerHostetler is seeking an experienced Paralegal/Private Wealth Specialist to join its Private Wealth Group in the Firm’s District of Columbia office. This is a non-exempt, in-office position reporting to the Paralegal Manager. The role works with attorneys and staff in the Private Wealth Group and requires strong interpersonal and organizational skills, the ability to perform in a fast-paced environment, creativity, independent judgment, and discretion when handling sensitive and confidential information. The Private Wealth practice uses Addepar to consolidate client financial data, generate reports, prepare net worth statements, and run tax calculations.
Requirements
- Relevant work experience up to 3 years as a Paralegal, Accountant, Bookkeeper, or Finance Manager, or an equivalent combination of training and experience.
- High proficiency with Excel, Outlook, Word, PowerPoint, and Microsoft Teams.
- Ability to maintain confidentiality when handling sensitive information.
- Detail-oriented, with the ability to work independently and in a team environment.
- Ability to prioritize tasks, organize workflow, and use time efficiently.
- Strong attention to detail and ability to perform at a high level in a fast-paced, changing environment.
- Strong interpersonal communication skills for effective relationships with attorneys, staff, and external contacts, in person, by email, and by telephone.
Nice To Haves
- Bachelor’s degree in Accounting or Finance Management preferred.
- Information technology background.
Responsibilities
- Manage onboarding new clients into Addepar, complete letters of authorization, and coordinate with financial institutions.
- Reconcile and produce net worth statements for attorney review.
- Maintain estate planning calculations in Addepar in coordination with attorneys.
- Coordinate interactions between clients and advisors to gather onboarding data.
- Collect background documents, build net worth statements, and prepare files for attorneys.
- Prepare closing letters, beneficiary forms, and account retitling.
- Handle complex probate, trust, and estate administration.
- Prepare Crummey notices and letters of instruction for irrevocable trusts and insurance matters.
- Coordinate payments, such as premiums, and funding of dry trusts.
- Prepare letters of instruction and facilitate annual annuity payments for Grantor Retained Annuity Trusts and Charitable Lead Trusts.
- Perform other duties as requested and assigned.
Benefits
- Competitive benefits, including healthcare.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
