Wealth Management Middle Office Specialist

Job Description:

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

Skill and Competencies

• 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

Full time

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: $37,750.00 USD

Median: $44,940.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

• 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

To learn more about Regions’ benefits, visit

Riverchase Complex North Building

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans