Senior Counsel – Fiduciary Administration

Chicago, IL

We are hiring! Our Fiduciary Administration legal team in Chicago is growing. Our team reviews new fiduciary business opportunities for recommendations on risk mitigant and acceptance. We also advise trust and estate administrators on legal issues arising from day-to-day fiduciary operations. You will get the opportunity to review Wealth Management marketing and advertising opportunities, as well as to advise board, committees and executives on risk and legal issues arising out of fiduciary business decisions. Come join our team!

Provides and manages the delivery of legal and regulatory advice on products, initiatives, strategies, policies and developments for and on behalf of BMO's US Wealth Management operating group. Provides legal advice based on knowledge of legal principles, practices and procedures, and knowledge of the financial services industry and its environment. Influences and negotiates to achieve business objectives. Works to achieve organizational goals while minimizing legal risk.

Makes recommendations to senior leaders on strategy and new initiatives, based on an in-depth understanding of the business/group.
Acts as the prime subject matter expert for internal/external stakeholders.
Exercises judgement on complex, confidential and sensitive matters
Identifies and resolves complex issues.
Delivers legal advice, instructs external counsel and ensures compliance with internal policies & procedures for a single or small number of function(s).
Acts as a subject matter expert on relevant laws, regulations and policies.
Resolves daily issues and/or escalates with appropriate analysis and/or recommendations.
Identifies risks and implements appropriate actions to mitigate them.
Builds effective relationships with internal/ external stakeholders.
Operates at a group/enterprise-wide level and serves as a specialist resource to senior leaders and stakeholders.
Applies expertise and thinks creatively to address unique or ambiguous situations and to find solutions to problems that can be complex and non-routine.

Qualifications:

Typically 7 years of legal practice or an equivalent combination of education and experience.
Degree in law (LLB or JD) and license to practice law in relevant jurisdiction.
Private practice, in-house experience or experience at regulatory body relating to the regulation of business/group activities may be required.
Knowledge of business and regulatory environment in which BMO Financial Group operates.
Seasoned professional with a combination of education, experience and industry knowledge.
Collaboration & team skills; with a focus on cross-group collaboration - In-depth / Expert.
Able to manage ambiguity.

We’re here to help

At BMO Harris Bank we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO Harris Bank team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmoharris.com.

BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.