Fiduciary Review Specialist

Regions Bank•Hoover, AL

5d•Onsite

About The Position

At Regions, the Fiduciary Review Specialist has the primary function of processing Wealth Management account openings, account terminations, and asset transfers. This role works closely with Private Wealth and Institutional teams to ensure all work is completed in accordance with Wealth Management procedures and regulatory requirements.

Requirements

High School Diploma or GED

Nice To Haves

Bachelor's degree in a business-related field
One (1) year of Trust or closely related experience
Ability to collaborate across an organization efficiently and effectively
Great customer service skills
Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook, etc.)
Strong interpersonal skills
Strong analytical and problem-solving skills, with strong attention to detail
Strong verbal and written communication skills

Responsibilities

Processes incoming requests related to new account openings, account closings, or incoming and outgoing asset transfers
Creates and maintains proper account documentation and files account related material according to the prescribed system in a timely manner
Maintains basic trust and investment management knowledge related to account types and securities
Responds to internal account inquiries, performs necessary research on complex matters, and follows up in a timely manner
Supports Fiduciary Review Analysts in administrative tasks related to team processes
Communicates with internal associates including advisors, consultants, portfolio managers, Risk, Fees, and Tax team members, and other internal partners
Communicates with clients and attorneys, co- trustees, investment advisors, counter firms, and vendors
Adheres to all internal and external regulatory requirements, standards, guidelines, policies, and procedures
Ensures quality assurance of all documentation and performs enrollment, enrichment, and post set-up reviews to ensure the timely and accurate acquisition of new client accounts (for account openings)
Performs routine account enrollment for a smaller subset of non-complex client types, with oversight from a Fiduciary Review Analyst and/or Team Lead
Performs administrative tasks to support senior team members’ efficiency
May perform complex cash and asset distributions from account closings