Institutional Services Area Manager
- Employer
- Regions Bank
- Location
- Nashville, Tennessee
- Salary
- Open
- Posted
- Oct 26, 2023
- Closes
- Nov 26, 2023
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 Institutional Services Area Manager directs and leads a group of Trust Officers and other team members who are responsible for setting up and administering trust accounts, retaining client relationships, and developing these relationships to their fullest potential by cross-selling financial services. This role is focused on revenue growth, business model execution, sales performance, sound risk practices and client experience.
Primary Responsibilities
- Manages assigned local Trust office(s) and the performance of the associated Trust business
- Oversees new business development and retention of existing client relationships, maintaining a strong focus on prudent revenue growth
- Develops and coaches team members in all relationship development and client experience efforts
- Serves as the IS subject matter expert, leading the relationship development efforts for accounts that include: Retirement Plan, Investment Management Agency, Endowments/Foundations, Custody or Corporate Trust
- Assigns accounts and ensures relationships are managed according to policies and procedures so satisfactory audits and service standards are met
- Acts as a resource to answer questions, review documents, and negotiate fees
- Maintains and strengthens internal and external relationships with existing and new centers of influence (COIs)
- May also manage account relationships
- Ensures prudent risk management strategies are in place, and business practices comply with internal and external policies, guidelines and regulations
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements
- Bachelor's degree
- Ten (10) years of Trust experience
Preferences
- Advanced degree
- Management experience
Skills and Competencies
- Ability to effectively lead and manage a team
- Demonstrated leadership capabilities
- Proven ability to develop and maintain relationships internally and externally
- Proven and effective sales techniques
- Skilled in applicable computer software, e.g., Microsoft Word, Microsoft Excel, etc. and Corporate Trust related systems
- Strong verbal, written, and organizational skills
- Strong work ethic and self-motivation
- Subject matter expert in trust principles and capital markets securities matters relating to the administration of bond issues, escrows, and custody accounts
Position Type
Full timeBenefits 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
One Nashville PlaceLocation:
Nashville, TennesseeBring Your Whole Self to Work
We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.
OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans