Job Information
Regions Bank Wealth Management Client Solutions Team Leader in Hoover, Alabama
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.
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Job Description:
At Regions, the Wealth Management Client Solutions Team Leader provides advice, coaching and guidance to a team of associates who are responsible for advising and administering Wealth Management accounts, serving as a subject matter expert in a particular area or function. This role is focused on execution of business unit strategic priorities and overseeing sound risk practices. The Team Leader may also carry a book of business and lead strategic projects.
Primary Responsibilities
Leads a team within Client Solutions consisting of one or more of the following: Relationship Consultants, Trust Administrators, Analysts, or Specialists, providing ongoing guidance
Understands unique, complex trust agreements and appropriately manages accounts in compliance with Regions capacity and legal and regulatory guidelines
Completes and consults on the most complex transactions and serves as a subject matter expert to Wealth Management partners in the field
May manage relationships with external clients, contra firms, and internal partners to coordinate client administration, account opening, closing or transfer activities
May own client relationships on an assigned book of Wealth Management accounts
Develops and maintains internal and external business relationships to enhance business unit goals and to build close partnerships
For PWM and IS teams, conducts Annual Administrative and Compliance Reviews for assigned book of accounts
For PWM and IS teams, handles and or oversees account annual tax coordination, fee set up, disbursements, daily cash management, etc.
May serve as a voting member in Working Groups and maintain various approval responsibilities
May assist management with maintaining and developing desk procedures and tracking metrics
May assist management with strategic planning as well as managing special projects
Assist team with responses to compliance and internal audit requests
Serves as a backup to the team Supervisor as needed
Ensures all accounts comply with applicable internal programs and procedures
Coordinates administrative functions with attorneys, co-trustees, investment advisors, recordkeepers, and CPAs
Remains abreast with industry trends to ensure prudent administration and investment management
Works closely with partners and team members to provide coaching, advice and training on systems, policies and procedures, regulatory requirements, and fiduciary areas of risk
Completes & processes administrative documents for the department
In partnership with business leadership and Human Resources, exercises usual authority concerning staffing, performance evaluations, promotions, and terminations
Facilitates new associate onboarding and training for team
Ensures team is performing duties in compliance with corporate Policies and Procedures and all applicable external regulations
Monitors departmental compliance training
Contributes to process improvement and oversees all areas of risk to the business, including developing ways to mitigate risk
Partners with technology to define business requirements and perform user acceptance testing for new Wealth Management technologies that enhance innovation
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements
Bachelor’s degree and six (6) years of Trust or closely related experience
High School Diploma and ten (10) years of Trust or closely related experience
Preferences
Master’s in Business Administration (MBA) and/or Juris Doctorate (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 and Fiduciary principles
Experience with Trust accounting
Familiarity with governing/applicable laws and regulations
Professional designations and/or certifications
Skills and Competencies
Excellent verbal, written communication, and organizational skills
Proficiency in Microsoft Office suite and Trust related systems
Strong analytical and problem-solving skills
Strong attention to detail
Strong relationship-building capabilities
This position is a part of our Wealth Shared Services Client Solutions Institutional Fiduciary Administration team.
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:
$69,018.40 USD
Median:
$91,630.00 USD
Incentive Pay Plans:
Benefits Information
Regions 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.rf
Location Details
Riverchase Complex North Building
Location:
Hoover, Alabama
Bring Your Whole Self to Work
We 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/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.