Trust Property Manager

About the Role

At Regions, the Trust Property Manager works within the Natural Resources / Real Estate (NRRE) group to manage a portfolio of real estate properties either held in trust, agency, IRA, or estate accounts or consulting relationships, working within one of the following specialty asset teams:

• Real Estate Trust Property Managers on the Real Estate team manage real estate properties ranging from single- and multi-family residences to office buildings, warehouses and shopping centers, assisting with activities such as property sales and purchases, payment of insurance premiums and property taxes, periodic property inspections and appraisals, general maintenance of the properties, general repair replacements and renovation projects, insurance claims and repairs, new leases and renewals, 1031 Tax Exchanges, HOA and COA membership representation, and review of operating budgets.
• Timberland Trust Property Managers on the Timberland team provide forest and land management to commercial, trust and private landowners, assisting with activities including but not limited to timber inventory, growth rate projections, property line maintenance, periodic property inspections, and preparation and monitoring of timber sales and lease agreements.
• Mineral Land Trust Property Managers on the Mineral Land team are actively involved in leasing and monitoring properties that produce oil, gas and coal as well as other hard minerals, such as stone, clay, sand and gravel. Services within this team may include mining operations, mineral extractions and royalty payment reconciliation, royalty distribution, and creation of mining activity reports.
• Farm Land Trust Property Managers on the Farm Land team provide services to help farmland owners achieve maximum income and growth potential, such as analyzing land, preparing best management plans that outline budget requirements, recommending erosion control measures, identifying potential farm operators, negotiating farm leases, evaluating USDA programs, inspecting crops and farming operations throughout the growing season, and marketing crop-share crops.

Primary Responsibilities

• Coordinates with Trust Administrators to ensure the efficient and effective management of real estate property assets and account relationships
• Collaborates with beneficiaries, co-fiduciaries, and outside professionals in the performance of real estate management duties
• Manages assigned properties and advises customers and bank officers on a variety of complex matters concerning the purchase, sale, or management of these properties
• Achieves assigned sales goals

Requirements

• High School Diploma
• Five (5) years in real estate and/or property management

Preferences

• Bachelor’s degree in a related field
• Professional certification or licensing:
  • Real Estate – Certified Commercial Investment Member (CCIM) or Certified Property Manager (CPM)
  • Timberland – Registered Forester (RF)
  • Mineral Land – Registered/Certified Professional Landman (RPL/CPL) or Licensed Geologist
  • Farm Land – Accredited Farm Manager or Accredited Rural Appraiser (AFM/ARA)

Skills And Competencies

• Advanced knowledge of all applicable laws and regulations
• Analytical and problem-solving skills
• Attention to detail
• Good customer service and negotiation skills
• Good oral, written and organizational skills
• Skilled in applicable computer software, e.g., Microsoft Word, Microsoft Excel, etc.

Pay

Minimum Job Range Target: $79,942.50 USD Median $103,977.00 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

• 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

Schedule

Full time

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.

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