Regions Financial Corporation
Client Solutions Trust Administrator - Private Wealth
Regions Financial Corporation, Hoover, Alabama, United States
Overview
Thank you for your interest in a career at Regions. Regions aims to provide performance-driven individuals with opportunities to build a career. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, Regions may be the employer for you. Regions is committed to safeguarding private and personally identifiable information submitted for job opportunities. Information will be collected and reviewed by Regions associates, consultants, and vendors to evaluate qualifications and experience for job opportunities and will not be used for marketing, sold, or shared outside Regions unless required by law. Information will be stored in accordance with regulatory requirements and Regions’ retention schedule for a minimum of three years. You may review, modify, or update your information by logging into the careers section of the system. Job Description
At Regions, the Client Solutions Trust Administrator – Private Wealth serves as trustee and advisor to existing client relationships with Trusts, Individual Retirement Accounts, Natural Resources and Real Estate, and Charitable Trusts. Primary Responsibilities Provide guidance and solutions for the development and on-going administration and maintenance of clients’ goals and objectives Stay informed of trends and developments in the trust industry to ensure prudent administration and investment management Understand complex trust agreements and manage accounts in compliance with Regions’ capacity, legal, and regulatory guidelines Determine financial viability and associated risks of client business Understand multi-state trust statutes Conduct initial administrative and compliance reviews for clients Provide Portfolio Managers with documentation of non-standard asset reviews for Annual Investment reviews Support and documentation for the investment review exceptions clearance process Facilitate the non-discretionary distribution process Facilitate the discretionary distribution process with shared approval authority Prepare discretionary action requests for working group reviews, including termination, non-standard asset acceptance and retention, trust modifications, and real estate improvements Support fee setup and daily cash management Ensure all accounts comply with applicable internal procedures Act as an expert in trust administration that may include tax minimization strategies, 65-day elections or modifications, 5 x 5 powers, and Charitable Trust distribution percentages Coordinate client service activities with other areas of the organization Demonstrate solid knowledge of Regions’ products and services, including retirement, investment management, and charitable giving Coordinate administrative functions with attorneys, co-trustees, investment advisors, and CPAs Ensure client activity is appropriately documented in OneView Ensure appropriate management of trust account assets with awareness of future potential depletion May manage complex client relationships This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay. Requirements
Juris Doctor (JD) or Master of Business Administration (MBA) or Certified Public Accountant (CPA), Certified Trust and Fiduciary Advisor (CTFA), Certified Financial Planner (CFP), or Accredited Investment Fiduciary (AIF), with four (4) years of related experience in Trust Administration, Estate/Tax Law, Financial Planning, Investment or related fields Or Bachelor’s degree in a related field and one (1) year of related experience Or High School Diploma or GED and five (5) years of related experience Preferences Advanced degree (e.g., JD, LLM, CPA, MBA, or Master of Taxation) Professional Certifications such as CTFA, CFP, AIF, CDFA, or CWS Skills and Competencies Ability to explain solutions with a high degree of influence Ability to interpret and present complex topics concisely Ability to manage multiple goals and deadlines Analytical and problem-solving skills with attention to detail Proficiency in Microsoft Office (Word, Excel, PowerPoint) Strong oral, written, and organizational skills Strong presentation skills This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience. Regions will not sponsor applicants for work visas for this position. Applicants must be authorized to work in the United States on a full-time basis. Position Details
Full time Compensation Details
Pay ranges are job-specific and provided as a point-of-market reference for compensation decisions. Factors affecting pay include experience, skills, knowledge, contribution, job location, and performance. The target information below is based on the Metropolitan Statistical Area Market Range for the position location and level. Job Range Target: Minimum:
$50,714.40 USD Median:
$68,550.00 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. A summary of benefits is provided for informational purposes and is not a complete description of plan terms and conditions. Benefits may change at Regions’ discretion. 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 at any time for any class of associate. For more information about Regions’ benefits, please refer to the Regions careers site. Location
Riverchase Complex North Building, Hoover, Alabama Equal Opportunity Employer/including Disabled/Veterans Job applications are accepted electronically through Regions’ career site for a minimum of five business days from posting. Higher-volume positions may remain active longer due to business need and may be closed at any time at the discretion of the company.
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Thank you for your interest in a career at Regions. Regions aims to provide performance-driven individuals with opportunities to build a career. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, Regions may be the employer for you. Regions is committed to safeguarding private and personally identifiable information submitted for job opportunities. Information will be collected and reviewed by Regions associates, consultants, and vendors to evaluate qualifications and experience for job opportunities and will not be used for marketing, sold, or shared outside Regions unless required by law. Information will be stored in accordance with regulatory requirements and Regions’ retention schedule for a minimum of three years. You may review, modify, or update your information by logging into the careers section of the system. Job Description
At Regions, the Client Solutions Trust Administrator – Private Wealth serves as trustee and advisor to existing client relationships with Trusts, Individual Retirement Accounts, Natural Resources and Real Estate, and Charitable Trusts. Primary Responsibilities Provide guidance and solutions for the development and on-going administration and maintenance of clients’ goals and objectives Stay informed of trends and developments in the trust industry to ensure prudent administration and investment management Understand complex trust agreements and manage accounts in compliance with Regions’ capacity, legal, and regulatory guidelines Determine financial viability and associated risks of client business Understand multi-state trust statutes Conduct initial administrative and compliance reviews for clients Provide Portfolio Managers with documentation of non-standard asset reviews for Annual Investment reviews Support and documentation for the investment review exceptions clearance process Facilitate the non-discretionary distribution process Facilitate the discretionary distribution process with shared approval authority Prepare discretionary action requests for working group reviews, including termination, non-standard asset acceptance and retention, trust modifications, and real estate improvements Support fee setup and daily cash management Ensure all accounts comply with applicable internal procedures Act as an expert in trust administration that may include tax minimization strategies, 65-day elections or modifications, 5 x 5 powers, and Charitable Trust distribution percentages Coordinate client service activities with other areas of the organization Demonstrate solid knowledge of Regions’ products and services, including retirement, investment management, and charitable giving Coordinate administrative functions with attorneys, co-trustees, investment advisors, and CPAs Ensure client activity is appropriately documented in OneView Ensure appropriate management of trust account assets with awareness of future potential depletion May manage complex client relationships This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay. Requirements
Juris Doctor (JD) or Master of Business Administration (MBA) or Certified Public Accountant (CPA), Certified Trust and Fiduciary Advisor (CTFA), Certified Financial Planner (CFP), or Accredited Investment Fiduciary (AIF), with four (4) years of related experience in Trust Administration, Estate/Tax Law, Financial Planning, Investment or related fields Or Bachelor’s degree in a related field and one (1) year of related experience Or High School Diploma or GED and five (5) years of related experience Preferences Advanced degree (e.g., JD, LLM, CPA, MBA, or Master of Taxation) Professional Certifications such as CTFA, CFP, AIF, CDFA, or CWS Skills and Competencies Ability to explain solutions with a high degree of influence Ability to interpret and present complex topics concisely Ability to manage multiple goals and deadlines Analytical and problem-solving skills with attention to detail Proficiency in Microsoft Office (Word, Excel, PowerPoint) Strong oral, written, and organizational skills Strong presentation skills This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience. Regions will not sponsor applicants for work visas for this position. Applicants must be authorized to work in the United States on a full-time basis. Position Details
Full time Compensation Details
Pay ranges are job-specific and provided as a point-of-market reference for compensation decisions. Factors affecting pay include experience, skills, knowledge, contribution, job location, and performance. The target information below is based on the Metropolitan Statistical Area Market Range for the position location and level. Job Range Target: Minimum:
$50,714.40 USD Median:
$68,550.00 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. A summary of benefits is provided for informational purposes and is not a complete description of plan terms and conditions. Benefits may change at Regions’ discretion. 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 at any time for any class of associate. For more information about Regions’ benefits, please refer to the Regions careers site. Location
Riverchase Complex North Building, Hoover, Alabama Equal Opportunity Employer/including Disabled/Veterans Job applications are accepted electronically through Regions’ career site for a minimum of five business days from posting. Higher-volume positions may remain active longer due to business need and may be closed at any time at the discretion of the company.
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