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Jobs · Finance · Indiana

Private Wealth Management Trust Advisor

Regions Bank · Indianapolis, IN · 1 mo ago
On-siteFinance$91k/yrFull-time

About the Role

At Regions, the Private Wealth Management Trust Advisor is responsible for the acquisition of Personal Trust, Estate, IRA, and Investment Management client relationships. This role focuses on prospecting, developing internal and external business networks to generate new business opportunities, and participating in sales presentations. In addition to client acquisition, the Advisor retains and provides advisory services and support to existing client relationships. Currently, the Advisor is responsible for the complete administration of each assigned account.

Responsibilities

  • Performs perpetual discovery to assess a client's financial situation, aiming to retain and grow client relationships.
  • Generates new business opportunities, including development of next-generation client relationships.
  • Provides guidance and solutions for the development and ongoing maintenance of investment allocations, goals, and objectives; typically responsible for smaller and/or less complex client relationships.
  • Stays abreast of trends and developments in the trust and investment management industry to ensure prudent administration and investment management.
  • Partners with Trust Administrator and Trust Specialist to oversee the setup, implementation, and administration of trusts, estates, IRAs, IMAs, and custody accounts. Note: Trust Support Administrator roles are in initial deployment, with more administrative tasks to be added over the next 18 months.
  • Ensures that account administration complies with fiduciary principles.
  • Coordinates client service activities with other wealth management partners.
  • Acts independently using judgment while developing knowledge to understand the function and its policies, procedures, compliance, and legal requirements; may receive guidance from senior trust advisors and Fiduciary Support managers on more complex accounts or products.

Requirements

  • Bachelor’s degree in business, finance, economics, accounting, or a related field.
  • Five (5) years of Trust Administration, Estate/Tax Law, Financial Planning, or relevant experience, including direct client interaction to deliver fiduciary services (financial, tax, philanthropic and estate planning and advice, legal, insurance, real estate, asset management, trusts, estates, wills, IRAs, qualified retirement plans, or custody services).
  • Demonstrated knowledge of fiduciary products and services, including legal, tax, and regulatory requirements applicable to fiduciary relationships and the administration of trust accounts.
  • High School Diploma or GED and seven (7) years of relevant experience may also qualify.

Preferences

  • Advanced degree (e.g., Juris Doctorate (JD), Master of Laws (LLM), Certified Public Accountant (CPA), Master of Business Administration (MBA), or Master of Taxation).
  • Professional Certification(s) to include Certified Trust and Fiduciary Advisor (CTFA), Certified Financial Planner (CFP), Accredited Investment Fiduciary (AIF), Certified Divorce Financial Analyst (CDFA), or Certified Wealth Strategist (CWS).

Skills and Competencies

  • Ability to interpret and present complex topics in a concise and effective manner.
  • Ability to manage multiple goals and deadlines.
  • Demonstrated confidence in delivering and explaining solutions with a high degree of influence.
  • Excellent oral, written, and organizational skills.
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint).
  • Proficient presentation and sales skills.
  • Strong analytical and problem-solving skills, including attention to detail.

This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.

Pay

Pay ranges are job-specific and provided as a point-of-market reference for compensation decisions. 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.

  • Minimum Job Range Target: $90,732.40 USD
  • Median: $123,820.00 USD

This role is eligible to participate in a formulaic incentive plan. Employees have the potential to earn incentives based on performance against defined metrics and goals. Opportunity to participate in the Long Term Incentive Plan.

Benefits

Regions offers a flexible and comprehensive benefits package for benefits-eligible associates. Below is a synopsis of the benefits offered:

  • 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.

Schedule

This position is full-time and exempt from timekeeping requirements under the Fair Labor Standards Act, making it not eligible for overtime pay.

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