Institutional Services Relationship Consultant
Regions Bank
full-time
Posted on:
Location Type: Office
Location: Birmingham • Alabama, Texas • 🇺🇸 United States
Visit company websiteSalary
💰 $55,155 - $74,220 per year
Job Level
Mid-LevelSenior
About the role
- 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
- Consults on moderately complex client relationships and develops customized solutions based upon subject matter expertise
- Manages the set-up, implementation, and administration of trusts
- Oversees the account opening process for all new Investment Management and Trust (IM&T) business
- Supplies Portfolio Managers with documentation of non-standard asset reviews for Annual Investment reviews
- Facilitates the non-discretionary and discretionary distribution processes with approval authority of $25,000 or less
- Handles annual tax coordination, fee set up, and daily cash management
- Instructs the designated person or unit on the disposition of check(s) from their assigned trust accounts
- Coordinates administrative functions with attorneys, co-trustees, investment advisors, and CPAs
- Remains abreast with industry trends to ensure prudent administration and investment management
- Assists with special projects as needed
Requirements
- Bachelor’s degree and three (3) years of Trust or closely related experience OR High School Diploma and seven (7) years of Trust or closely related experience
- Master’s in Business Administration (MBA) (preferred)
- 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 accounting
- Familiarity with governing/applicable laws and regulations
- Professional designations and/or certifications
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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
Trust AdministrationTrust AccountingInvestment ManagementClient Relationship ManagementTax CoordinationCash ManagementDocument ReviewTransaction ManagementCustomized Solutions DevelopmentAnnual Investment Reviews
Soft skills
ConsultationNetworkingCommunicationProblem SolvingProject ManagementCollaborationAttention to DetailAdaptabilityLeadershipClient Service
Certifications
Master’s in Business Administration (MBA)Professional Designations