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Assistant General Counsel

Company: Bessemer Trust
Location: New York
Posted on: January 15, 2021

Job Description:

Assistant General Counsel Office: New York State: NY Description Assistant General Counsel The Assistant General Counsel's primary responsibilities will be oversight of potential and pending litigation, investigations, and matters relating to client complaints and general corporate claims. Responsibilities will also include monitoring the external regulatory and enforcement environment to identify trends and risks, and developing policies and guidance that effectively address business needs and maintain compliance with bank regulatory and trust company requirements. The Assistant General Counsel will execute their responsibilities as a member of the General Counsel's office. The position will have a reporting line into the General Counsel regarding litigation matters, and a reporting relationship with the Associate General Counsel overseeing wealth management, banking and risk. This position is ideal for a talented and motivated attorney who excels in a collaborative, team-oriented environment. Responsibilities

  • Oversee potential and pending litigation, investigations, and matters relating to client complaints and general corporate claims
  • Oversee and manage budgets for external counsel; provide risk/exposure analysis with respect to claims and interface with insurance carriers
  • Monitor the external regulatory and enforcement environment to identify trends and risks, and advise on applicable laws, regulations and guidance
  • Develop policies, procedures, guidance, training materials and other interpretations of laws and regulations to ensure compliance with banking and other applicable laws working closely with legal and compliance colleagues and partnering effectively with business and operational teams
  • Draft, negotiate and review various types of legal agreements and regulatory documents
  • Advise and counsel colleagues in other functional areas on risk management and other matters --Qualifications
    • 5+ years working in a law firm or in-house in relevant areas; experience in private wealth management, banking and trust business a plus
    • Prior litigation practice with significant client interaction; fiduciary litigation experience a plus
    • Experience managing external counsel and coordinating with insurance carriers
    • Member in good standing of appropriate state bar (New York desirable) Skills
      • Excellent analytical skills
      • Ability to exercise sound judgment, spot issues and develop appropriate and timely solutions
      • Excellent written and verbal communication skills, with ability to provide clear, concise analysis and recommendations on complex issues
      • High level of integrity and professionalism
      • Ability to handle multiple tasks both independently and collaboratively Securities licenses will not generally be obtained or maintained unless deemed by Bessemer Trust to be required in order for you to perform the responsibilities of this position. Bessemer is committed to creating a diverse and inclusive environment, and is proud to be an equal opportunity employer. We encourage candidate of diverse backgrounds to apply. In considering your employment application, we collect and review all of the biographical, educational, and professional information submitted or otherwise made available by you in connection with your employment application and any additional biographical or other information that may be contained in any form of background check (where applicable) or learned from any professional references or licensing organizations that you may have provided (collectively "Your Application Information"). As an employee, we will use Your Application Information solely in connection with your employment. Further, we will disclose Your Application Information, and any other information related to your employment, payroll, or benefits (collectively "Your Employment Information"), only to third-parties that contract with us to provide services related to your employment, payroll, or benefits, such as ADP or a health insurance provider. Otherwise, absent compulsory legal process or to meet our regulatory or audit obligations, we will not disclose Your Application Information or Your Employment Information to any third-party. Within Bessemer Trust, Your Application Information and Your Employment Information are carefully safeguarded and are shared only on a need-to-know basis for a specific business, audit, or regulatory purpose.

        The Bessemer Group, Incorporated and its affiliates ("the Company") does not discriminate in employment and no question on this application is used for the purpose of limiting or excluding any applicant from consideration of employment on a basis prohibited by local, state or federal law. The Company is an equal opportunity employer and does not discriminate against any applicant or employee because of race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, military or veteran status or any status protected by applicable federal or state laws.

        Privately owned and independent, Bessemer Trust is a multifamily office that has served individuals and families of substantial wealth for more than 100 years. Through comprehensive investment management, wealth planning, and family office services, we help clients achieve peace of mind for generations. The firm oversees more than $100 billion in assets for approximately 2,200 relationships. Previous Applicants If you have previously applied to a position on our website, enter your email address and password below to login. Back to Search Results

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        In considering your employment application, we collect and review all of the biographical, educational, and professional information submitted or otherwise made available by you in connection with your employment application and any additional biographical or other information that may be contained in any form of background check (where applicable) or learned from any professional references or licensing organizations that you may have provided (collectively "Your Application Information"). As an employee, we will use Your Application Information solely in connection with your employment. Further, we will disclose Your Application Information, and any other information related to your employment, payroll, or benefits (collectively "Your Employment Information"), only to third-parties that contract with us to provide services related to your employment, payroll, or benefits, such as ADP or a health insurance provider. Otherwise, absent compulsory legal process or to meet our regulatory or audit obligations, we will not disclose Your Application Information or Your Employment Information to any third-party. Within Bessemer Trust, Your Application Information and Your Employment Information are carefully safeguarded and are shared only on a need-to-know basis for a specific business, audit, or regulatory purpose.

        The Bessemer Group, Incorporated and its affiliates ("the Company") does not discriminate in employment and no question on this application is used for the purpose of limiting or excluding any applicant from consideration of employment on a basis prohibited by local, state or federal law. The Company is an equal opportunity employer and does not discriminate against any applicant or employee because of race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, military or veteran status or any status protected by applicable federal or state laws.

        Privately owned and independent, Bessemer Trust is a multifamily office that has served individuals and families of substantial wealth for more than 100 years. Through comprehensive investment management, wealth planning, and family office services, we help clients achieve peace of mind for generations. The firm oversees more than $100 billion in assets for approximately 2,200 relationships.

Keywords: Bessemer Trust, New York , Assistant General Counsel, Legal , New York, New York

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