Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career - a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.Job Description:At Regions, the Wealth Management Client Solutions Trust Administrator – Private Wealth Management is responsible for the administration of Personal Trust and Investment Management client relationships. This position is responsible for retaining and providing support and service to their existing client relationships.Primary Responsibilities
Oversees client relationships and administers complex transactions on an assigned book of Personal Trust and Investment Management accounts, including following issues through to resolution, meeting deadlines, and anticipating client needs including future opportunities and risks
Develops internal and external business networks to identify opportunities to enhance the profitability of the trust book of business, when applicable
Demonstrates a thorough understanding of client objectives, and develops customized solutions based upon subject matter expertise
Understands unique, complex trust agreements and appropriately manages accounts in compliance with Regions capacity and legal and regulatory guidelines.
Manages the set-up, implementation, and administration of trusts, IRAs, and IMAs, ensuring account administration follows fiduciary principles
Conducts Annual Administrative and Compliance Reviews for clients
Coordinates client service activities with other areas of the organization
Determines the financial viability and associated risks of client business
Leads client pre-call planning meetings & client meetings.
Participates in book of business reviews
Partners with Specialists to oversee administration of trusts, IRAs, IMAs, and custody accounts
Understands multi- state specific trust statutes
Demonstrates solid knowledge and understanding of Regions’ products and services, including retirement, investment management, and charitable giving
Supplies Portfolio Managers with documentation for Annual Investment reviews
Facilitates the non-discretionary and discretionary distribution process, communicating with partners when necessary
Handles annual tax coordination, fee set up, and daily cash management
Ensures all accounts comply with applicable internal programs and procedures, to include fiduciary principles
Partners with leadership and technology to define business requirements and perform user acceptance testing for new Wealth Management technologies that enhance innovation
May assist management with strategic planning or lead special projects
Coordinates administrative functions with attorneys, co-trustees, investment advisors, and CPAs
Ensures client activity is appropriately documented in OneView
May review accounts for potential transition from Private Wealth Management to Client Solutions.
Ensures appropriate management of trust account assets, with an awareness to future potential depletion
Remains abreast with industry trends to ensure prudent administration and investment management
May provide guidance to less experienced Advisors
Performs duties in compliance with Corporate and Private Wealth Management Program Documents and Procedures and all applicable external regulations
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.Requirements
Bachelor’s degree and three (3) years of Trust or closely related experience OR High School Diploma and seven (7) years of Trust or closely related experience
Preferences
Master’s in Business Administration (MBA)
Juris Doctor (JD)
Experience in Trust Administration and Institutional/Retirement Services Administration
Experience in Transactions including GST, 65-day elections, LLC’s and Partnerships, Decantings or Modifications, and 5/5 Powers
Experience with Trust accounting
Familiarity with governing/applicable laws and regulations
Professional designations and/or certifications
Skills and Competencies
Customer service skills
Excellent verbal, written communication, and organizational skills
Proficient in Microsoft Office suite
Strong analytical and problem-solving skills
Strong attention to detail
Strong presentation and sales skills
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.Position TypeFull timeCompensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.Job Range Target:Minimum:$53,829.20 USDMedian:$72,680.00 USDIncentive Pay Plans:This job is not incentive eligible.Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.https://www.regions.com/welcometour/benefits.rfLocation DetailsRiverchase Complex North BuildingLocation:Hoover, AlabamaBring Your Whole Self to WorkWe have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.OFCCP Disclosure: Equal Opportunity Employer/Disabled/VeteransJob applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.