Overview
Wealth Management Client Solutions Trust Administrator – Private Wealth Management Jobs in Hoover – Alabama – USA at Regions Financial Corporation
Thank you for your interest in a career Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career — a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
At Regions, the Wealth Management Client Solutions Trust Administrator – Private Wealth Management is responsible for the administration of Personal Trust and Investment Management client relationships. This position is responsible for retaining and providing support and service to their existing client relationships.
Primary Responsibilities
Oversees client relationships and administers complex transactions on an assigned book of Personal Trust and Investment Management accounts, including following issues through to resolution, meeting deadlines, and anticipating client needs including future opportunities and risks
Develops internal and external business networks to identify opportunities to enhance the profitability of the trust book of business, when applicable
Demonstrates a thorough understanding of client objectives, and develops customized solutions based upon subject matter expertise
Understands unique, complex trust agreements and appropriately manages accounts in compliance with Regions capacity and legal and regulatory guidelines.
Manages the set-up, implementation, and administration of trusts, IRAs, and IMAs, ensuring account administration follows fiduciary principles
Conducts Annual Administrative and Compliance Reviews for clients
Coordinates client service activities with other areas of the organization
Determines the financial viability and associated risks of client business
Leads client pre-call planning meetings & client meetings.
Participates in book of business reviews
Partners with Specialists to oversee administration of trusts, IRAs, IMAs, and custody accounts
Understands multi- state specific trust statutes
Demonstrates solid knowledge and understanding of Regions’ products and services, including retirement, investment management, and charitable giving
Supplies Portfolio Managers with documentation for Annual Investment reviews
Facilitates the non-discretionary and discretionary distribution process, communicating with partners when necessary
Handles annual tax coordination, fee set up, and daily cash management
Ensures all accounts comply with applicable internal programs and procedures, to include fiduciary principles
Partners withleadershipand technology to define business requirements and perform user acceptance testing for new Wealth Management technologies that enhanceinnovation
May assist management withstrategic planningor lead special projects
Coordinates administrative functions with attorneys, co-trustees, investment advisors, and CPAs
Ensures client activity is appropriately documented in One View
May review accounts for potential transition from Private Wealth Management to Client Solutions.
Ensures appropriate management of trust account assets, with an awareness to future potential depletion
Remains abreast with industry trends to ensure prudent administration and investment management
May provide guidance to less experienced Advisors
Performs duties in compliance with Corporate and Private Wealth Management Program Documents and Procedures and all applicable external regulations
This posi…
Title: Wealth Management Client Solutions Trust Administrator – Private Wealth Management
Company: Regions Financial Corporation
Location: Hoover – Alabama – USA
Category: Finance & Banking, Administrative/Clerical
