Institutional Services Relationship Consultant

Regions Bank•Birmingham, AL

2d•$46,703 - $63,130•Onsite

About The Position

At Regions, the Institutional Services Relationship Consultant has the primary function of direct contact with external account holders. This position oversees the client administration and acquisition of Corporate Trust and Institutional Trust accounts.

Requirements

High School Diploma
one (1) year of Trust or closely related experience
Customer service skills
Proficient in Microsoft Office suite
Proficient verbal, written communication, and organizational skills
Strong analytical and problem-solving skills
Strong attention to detail
Strong presentation and sales skills

Nice To Haves

Bachelor's degree in a related field
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

Responsibilities

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, when applicable
Assists with the review of potential new business and the closure of existing accounts, which may require guidance from more senior consultants
Manages the set-up, implementation, and administration of trusts, ensuring account administration follows fiduciary principles
Supplies Portfolio Managers with documentation of non-standard asset reviews for Annual Investment reviews and leads the investment review exceptions process
Facilitates the non-discretionary and discretionary distribution processes with approval authority of $25,000 or less
Instructs the designated person or unit on the disposition of check(s) from their assigned trust accounts
Serves as a partner to Wealth Management associates in the field, specializing in Retirement, Philanthropic Solutions, Corporate Trust, Custody, Asset Management, or Funeral Trust services
Coordinates administrative functions with attorneys, co-trustees, investment advisors, and CPAs
Performs duties in compliance with Corporate Policies and Procedures and Institutional Services Program Documents and Procedures and all applicable external regulations