Wealth Management Centralized Trading Analyst

Regions Bank•Hoover, AL

1d•$53,389 - $68,750•Onsite

About The Position

At Regions, the Wealth Management Centralized Trading Analyst performs trading and portfolio management activities for accounts in Asset Management and other portions of Wealth Management. This position is responsible for ensuring Wealth Management portfolios are aligned with investment objectives, supporting partner requests for portfolio maintenance, providing investment advice and guidance to internal advisors, and effecting trades within client portfolios. This role works with partners to detect, report, and escalate issues related to trading technology and is responsible for executing mandatory risk oversight and reporting on the Centralized Trading book of business.

Requirements

Bachelor’s degree OR High School Diploma or GED and four (4) years of trading, asset management, wealth management, trust operations, business, marketing, communications or other related experience
Ability to be proactive in learning new systems, be a team player, and take initiative to go above and beyond what is asked
Ability to multitask and work well under pressure
Demonstrated success in following documented desk procedures and enhancing procedures as appropriate
Excellent customer service skills
Excellent verbal and written communication skills
Proficiency in Microsoft Office Suite
Proven ability to work independently
Strong attention to detail and organizational skills

Nice To Haves

Relevant experience preferred (i.e. summer internship)

Responsibilities

Initiates, maintains, monitors, and executes required actions to effect security transactions in accounts where given trading authority; rebalances, raises and invests cash, implements model changes, and liquidates accounts as required
Supports Portfolio Managers, Private Wealth Management (PWM) Trust Advisors, and Relationship Consultants with the implementation of investment policies, unique trade requests, and actions developed by the Investment Working Group
Provides investment advice and guidance to PWM Trust Advisors and Relationship Consultants by developing client investment objectives and investment policy statements, monitoring portfolio risks, and effecting trades within client portfolios
Executes on the trading platform with expert-level knowledge, participates in testing of quarterly software updates, detects and elevates system issues to trading platform vendor, and provides training to Regions Asset Management (RAM) Portfolio Managers regarding functionality
Participates in developing ideas and executing practices to increase overall trading efficiency and enhance risk mitigation for the Asset Management business unit
Possesses a deep understanding of Asset Managements’ best thinking and model creation, current asset allocation, and tactical allocations in RAM's Mutual Fund and Manager Models and Central Trading Group (CTG) firm level fulfillment models
Performs ad hoc reporting and other firm level trade operation functions
Assists in training associates on trading systems