Job Description
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 Institutional Services Relationship Consultant has the primary function of direct contact with external account holders. This position oversees the client administration and acquisition of Corporate Trust and Institutional Trust accounts. Primary Responsibilities Oversees client relationships on an assigned book of trust accounts Prospects and develops internal and external business networks to identify opportunities to enhance the profitability of the trust book of business, when applicable Assists with the review of potential new business and the closure of existing accounts, which may require guidance from more senior consultants Manages the set-up, implementation, and administration of trusts, ensuring account administration follows fiduciary principles Supplies Portfolio Managers with documentation of non-standard asset reviews for Annual Investment reviews and leads the investment review exceptions process Facilitates the non-discretionary and discretionary distribution processes with approval authority of $25,000 or less Instructs the designated person or unit on the disposition of check(s) from their assigned trust accounts Serves as a partner to Wealth Management associates in the field, specializing in Retirement, Philanthropic Solutions, Corporate Trust, Custody, Asset Management, or Funeral Trust services Coordinates administrative functions with attorneys, co-trustees, investment advisors, and CPAs Performs duties in compliance with Corporate Policies and Procedures and Institutional Services 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 High School Diploma and one (1) year of Trust or closely related experience Preferences Bachelor's degree in a related field 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 Proficient in Microsoft Office suite Proficient verbal, written communication, and organizational skills 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 Type Full time Compensation Details Pay 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:
$46,703.25 USD Median:
$63,130.00 USD Incentive Pay Plans:
This job is not incentive eligible. Benefits Information Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. 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/about-regions/welcome-portal/benefits Location Details Regions Center Location:
Birmingham, Alabama Equal Opportunity Employer/including Disabled/Veterans Job 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. About Regions At Regions, our culture focuses on five core values that are a commitment to how we will do business: Put people first Do what is right Focus on your customer Reach higher Enjoy life Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.
