Paralegal/Private Wealth Specialist

BakerHostetler is looking for an experienced Paralegal/Private Wealth Specilist to join its Private Wealth Group in the Firm’s District of Columbia office. This is a non-exempt, in-office, position that reports to the Paralegal Manager and works with the attorneys and staff in the Firm’s Private Wealth Group. The ideal candidate will possess excellent people and organizational skills, and will have the ability to work in a fast-paced environment. This role requires creativity and the ability to think innovatively and exercise independent judgment when necessary while handling sensitive and confidential information.

Responsibilities

• Addepar is a technology platform used in the financial services industry. The Private Wealth practice uses Addepar to consolidate client financial data, generate reports, prepare net worth statements, and to run tax calculations.
• Manage on-boarding of 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.
• Discovery & Intake
  • Coordinate interactions between client and advisors to gather on-boarding data
  • Collect background documents, build-out net worth statements, and prepare files for attorneys.
• Preparation of closing letterd, beneficiary forms, and account retitling.
• Handle complex probate, trust, and estate administration
• Irrevocable Trust & Insurance
  • Prepare crummey notices and letters of instruction
  • Coordinate payments, such as premiums, and funding of dry trusts
• Grantor Retained Annuity Trust & Charitable Lead Trusts
  • prepare letters of instruction and facilitate annual annuity payments
• Other duties as requested and assigned.

Requirements

• Bachelor’s degree in Accounting or Finance Management preferred.
• Relevant work experience up to 3 years as a Paralegal, Accountant, Bookkeeper or Finance Manager or an equivalent combination of training and experience.
• High level of proficiency with Excel, Outlook, Word, Power Point, and Microsoft Teams. Information technology background a plus.
• Demonstrated ability to maintain confidentiality to handle sensitive information.
• Must be detailed oriented, and able to work independently and in a team environment.
• Ability to prioritize tasks, organize workflow, and the ability to utilize time efficiently. Strong attention to detail, and the ability to perform at a high level in a fast-paced, ever changing environment.
• Strong interpersonal communication skills are necessary for maintaining effective relationships with attorneys and staff, as well as external contacts, in person, by email, or by telephone.

The expected annual salary for this position ranges from $66,500 - $93,000. The salary offered will be determined by a wide range of factors including but not limited to experience level, education/training, and relevant skills. The Firm does offer competitive benefits to include healthcare. More details are available at [external link]