Institutional Services Relationship Consultant

Job Description

The Institutional Services Relationship Consultant at Regions is responsible for direct contact with external account holders, overseeing client relationships, and managing 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
• Affords assistance 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

Requirements

• High School Diploma and one (1) year of Trust or closely related experience
• Bachelor's degree in a related field preferred
• Experience in Trust Administration and Institutional/Retirement Services Administration preferred
• Experience in Transactions including GST, 65-day elections, LLC’s and Partnerships, Decantings or Modifications, and 5/5 Powers preferred
• Familiarity with governing/applicable laws and regulations preferred
• Professional designations and/or certifications preferred

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

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.

Other Information

• Minimum Job Range Target: $46,703.25 USD
• Middle Job Range Target: $63,130.00 USD
• This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Benefits Information

• 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

Location Details

Regions Center Location: Birmingham, Alabama

Equal Opportunity Employer

including Disabled/Veterans