Private Wealth Management Trust Advisor
Company: Regions Bank
Location: Chattanooga
Posted on: January 26, 2023
Job Description:
Thank you for your interest in a career at Regions. At 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.Regions is dedicated to taking appropriate steps to
safeguard and protect private and personally identifiable
information you submit. The information that you submit will be
collected and reviewed by associates, consultants, and vendors of
Regions in order to evaluate your qualifications and experience for
job opportunities and will not be used for marketing purposes,
sold, or shared outside of Regions unless required by law. Such
information will be stored in accordance with regulatory
requirements and in conjunction with Regions' Retention Schedule
for a minimum of three years. You may review, modify, or update
your information by visiting and logging into the careers section
of the system.Job Description:At Regions, the Private Wealth
Management Trust Advisor is responsible for the acquisition of
Personal Trust, Estate, IRA and Investment Management client
relationships. Responsibilities include prospecting, developing
internal and external business networks for the purposes of
generating new business opportunities, and participating in sales
presentations. In addition to client acquisition, the Advisor is
responsible for retaining and providing advisory services and
support to their existing client relationships. Currently, they are
responsible for the complete administration of each account they
are assigned.Primary Responsibilities
- Performs perpetual discovery, assessing a client's financial
situation to retain and grow client relationships
- Generates new business opportunities including development of
next generation
- Provides guidance and solutions for the development and
on-going maintenance of investment allocations, goals and
objectives; typically responsible for smaller and/or less complex
client relationships
- Keeps 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 set-up, implementation and administration of trusts,
estates, IRAs, IMAs, and custody accounts. The Trust Support
Administrator is in initial deployment beginning with
Administrative reviews. More Administrative tasks will 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
productsThis position is exempt from timekeeping requirements under
the Fair Labor Standards Act and is not eligible for overtime
pay.This position is incentive eligible.Requirements
- Bachelor's degree in business, finance, economics, accounting
or 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).
- High School Diploma or GED and seven (7) years of relevant
experience may also qualify
- Solid knowledge of trust principles and regulatory and tax
matters relating to the administration of trust accounts
- Demonstrated knowledge of fiduciary products and services,
including legal, tax and regulatory requirements applicable to
fiduciary relationships and the administration of trust
accountsPreferences
- 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 detailPosition TypeFull timeBenefits
InformationRegions offers a benefits package that is flexible,
comprehensive and recognizes that "one size does not fit all" for
associates. Listed below is a synopsis of the benefits offered by
Regions for informational purposes, which is not intended to be a
complete summary of plan terms and conditions.
- 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 ProgramPlease note, benefits and plans may
be changed, amended, or terminated with respect to all or any class
of associate at any time. To learn more about Regions' benefits,
please click or copy the link below to your browser.Location
DetailsChattanooga Market St MainLocation:Chattanooga,
TennesseeBring Your Whole Self to Work We have a passion for
creating an inclusive environment that promotes and values
diversity of race, color, national origin, religion, age, sexual
orientation, gender identity, disability, veteran status, genetic
information, sex, pregnancy, and many other primary and secondary
dimensions that make each of us unique as individuals and provide
valuable perspective that makes us a better company and employer.
More importantly, we recognize that creating a workplace where
everyone, regardless of background, can do their best work is the
right thing to do. OFCCP Disclosure: Equal Opportunity
Employer/Disabled/Veterans
Keywords: Regions Bank, Chattanooga , Private Wealth Management Trust Advisor, Executive , Chattanooga, Tennessee
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