Wealth Management Middle Office Specialist

Regions Bank • Hoover, AL

7d

About The Position

At Regions, the Wealth Management Middle Office Specialist provides back office support for the Wealth Management business segment. The Wealth Management Middle Office Core Unit consists of the following teams: Account Services (Cash Processing and the Closely Held Group), Custody Services, Fees, Corporate Trust Operations and Natural Resources and Real Estate (NRRE) Operations. Primary Responsibilities Provides specialized administrative support to the Wealth Management business segment, including transactions processing for firm-specific assets, client bill pay services, wire transfers and check disbursements Creates detailed analytical reports and ad hoc reports for Front Office associates and Management Interprets the details of trust accounting to properly process free movements, cash disbursements and gain/loss activity Posts pending trades to allow for the timely settlement of securities trades by SEI Administers bond payments and transfers processing Oversees fee setup and maintenance in the Wealth Management system Resolves problems and answers questions from internal customers This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

• High School diploma or GED
• Some college and/or bank experience
• Ability to multitask with minimal supervision
• Demonstrates a willingness to learn and apply new concepts and can adapt well to change
• Demonstrates the ability to identify and resolve common issues/problems
• Good analytical and problem-solving skills, including attention to detail
• Proficient verbal and written communication skills
• Proficient with Microsoft Office products and programs

Responsibilities

• Provides specialized administrative support to the Wealth Management business segment, including transactions processing for firm-specific assets, client bill pay services, wire transfers and check disbursements
• Creates detailed analytical reports and ad hoc reports for Front Office associates and Management
• Interprets the details of trust accounting to properly process free movements, cash disbursements and gain/loss activity
• Posts pending trades to allow for the timely settlement of securities trades by SEI
• Administers bond payments and transfers processing
• Oversees fee setup and maintenance in the Wealth Management system
• Resolves problems and answers questions from internal customers

Benefits

• 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 Program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED