Wealth Management Centralized Trading Manager

Regions • Hoover, AL

3d • $110,405 - $163,440 • Onsite

About The Position

At Regions, the Wealth Management Centralized Trading Manager executes Wealth Management’s strategic priorities through tactical oversight, management, operations, and design of centralized trading for Asset Management and other portions of Wealth Management. This role manages a team of Centralized Trading Analysts and serves as the subject matter expert on trading systems and processes. This position drives continual efficiencies and enhancements to the trading process and systems to meet the needs of clients and the organization.

Requirements

• Bachelor’s degree
• Six (6) years of experience in investment, asset management, business, finance, marketing or other related industries/experience
• Proficiency in Microsoft Office Suite, with intermediate Excel skills
• Proven experience in associate leadership and development
• Strong attention to detail
• Ability to analyze complex information, communicate findings effectively, and execute accordingly
• Ability to multitask and work well under pressure
• Excellent customer service skills
• Excellent verbal and written communication skills
• Proactive in learning new systems and taking initiative to go above and beyond

Nice To Haves

• Master’s degree
• Management experience

Responsibilities

• Leads and oversees operations, training, and the development of the Centralized Trading group through proactively estimating personnel developmental needs, assigning work, meeting completion dates, and interpreting and ensuring the consistent application of organizational policies
• Oversees trading of the team’s client portfolios, ensuring timely and accurate trades
• Operates as a strategic partner for senior management, Portfolio Managers, and Analysts by proactively developing and executing transformational strategies to increase overall trading efficiency and enhance risk mitigation
• Executes on technical and non-technical initiatives, while identifying continuous improvement opportunities
• 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 through 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 the testing of quarterly software updates, detects and elevates system issues to the trading platform vendor, and provides training to Regions Asset Management 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
• May serve as a system/user interface owner, managing the prioritization of the product development roadmap

Benefits

• Incentive Pay Plans: This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.
• Opportunity to participate in the Long Term Incentive Plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager