What are the responsibilities and job description for the Private Wealth Management Relationship Specialist position at Regions?
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Private Wealth Management Relationship Specialist assists in the coordinated delivery of a broad range of bank products and services (trust, insurance, deposits, credit, mortgage, investment, etc.) to affluent clients. This role is responsible for rendering an extraordinarily high level of services to private wealth management clients and supporting the Private Wealth management team’s effort to grow and retain clients.
Primary Responsibilities
o Facilitates day to day standard transactional needs of the client base, including processing deposits, payments, account transfers, bill payments, wire transfers or other client support transactions
o Enters and maintains appropriate client records in CRM tools, loan closing document preparation and assistance
o Responds to client requests for information and assists with general inquiries, within appropriate level of authority, including the processing of documentation for overdrafts, new account setup and monitoring of various first line of defense risk activities
o Supports sales efforts by assisting with information for scheduling appointments, making follow up telephone calls, and preparing and maintaining client marketing materials
o Collaborates with private wealth management and sales team to ensure client needs are fulfilled and promote business development and client retention opportunities
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.
This position requires registration with the Nationwide Mortgage Licensing System and Registry (NMLS). Please refer to https://fedregistry.nationwidelicensingsystem.org for more information.
Requirements:
o High School Diploma or GED and four (4) years of Private Wealth administration, Trust Support administration or related experience
o OR a Bachelor’s degree and two (2) years Private Wealth administration, Trust Support administration or related experience
Preferences
o Bachelor's degree in a business related field
o Thorough understanding of Investment Services and Banking Industry
o Solid understanding of Wealth Management processes
o Fundamental knowledge of credit processes and Investment Services support
Skills and Competencies
o Excellent collaboration and relationship building skills
o Proactive and thorough in developing comprehensive client correspondence.
o Skilled in identifying and socializing best practices
o Distinct organizational and customer service skills
o Excellent written and verbal communication skills
o Proven analytical and problem-solving skills, including attention to detail.
o Strong record keeping skills including proficiency in standard CRM software
o Proficiency in Microsoft Office (Excel, Word, PowerPoint, etc.)
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.
Position Type Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum: $49,087.50 USD
Median: $60,133.50 USD
Incentive Pay Plans: This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
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
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/welcometour/benefits.rf
Location Details Ponce De Leon
Location: Coral Gables, Florida
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Private Wealth Management Relationship Specialist assists in the coordinated delivery of a broad range of bank products and services (trust, insurance, deposits, credit, mortgage, investment, etc.) to affluent clients. This role is responsible for rendering an extraordinarily high level of services to private wealth management clients and supporting the Private Wealth management team’s effort to grow and retain clients.
Primary Responsibilities
o Facilitates day to day standard transactional needs of the client base, including processing deposits, payments, account transfers, bill payments, wire transfers or other client support transactions
o Enters and maintains appropriate client records in CRM tools, loan closing document preparation and assistance
o Responds to client requests for information and assists with general inquiries, within appropriate level of authority, including the processing of documentation for overdrafts, new account setup and monitoring of various first line of defense risk activities
o Supports sales efforts by assisting with information for scheduling appointments, making follow up telephone calls, and preparing and maintaining client marketing materials
o Collaborates with private wealth management and sales team to ensure client needs are fulfilled and promote business development and client retention opportunities
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.
This position requires registration with the Nationwide Mortgage Licensing System and Registry (NMLS). Please refer to https://fedregistry.nationwidelicensingsystem.org for more information.
Requirements:
o High School Diploma or GED and four (4) years of Private Wealth administration, Trust Support administration or related experience
o OR a Bachelor’s degree and two (2) years Private Wealth administration, Trust Support administration or related experience
Preferences
o Bachelor's degree in a business related field
o Thorough understanding of Investment Services and Banking Industry
o Solid understanding of Wealth Management processes
o Fundamental knowledge of credit processes and Investment Services support
Skills and Competencies
o Excellent collaboration and relationship building skills
o Proactive and thorough in developing comprehensive client correspondence.
o Skilled in identifying and socializing best practices
o Distinct organizational and customer service skills
o Excellent written and verbal communication skills
o Proven analytical and problem-solving skills, including attention to detail.
o Strong record keeping skills including proficiency in standard CRM software
o Proficiency in Microsoft Office (Excel, Word, PowerPoint, etc.)
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.
Position Type Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum: $49,087.50 USD
Median: $60,133.50 USD
Incentive Pay Plans: This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
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
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/welcometour/benefits.rf
Location Details Ponce De Leon
Location: Coral Gables, Florida
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Salary : $49,088 - $60,134
