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.

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 projects, Front Office associates and Management

• Interprets the details of proper trust accounting, reversals and corrections of transactions including free movements, cash disbursements and gain/loss activity

• Posts pending trades to allow for the timely settlement of securities trades by SEI

• Tracks and resolves failed trades

• Administers bond payments, transfers processing, and balances daily payments

• Oversees fee setup, maintenance, billing, and collection 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

• Two (2) years experience in banking/financial services industry or College Degree

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

• Bachelor's degree in Business Administration or Accounting strongly preferred
• Proficiency with Microsoft Excel strongly preferred

This position is a part of Regions Bank's Fund Accounting team.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

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:

$40,000.00 USD

50th Percentile:

$48,240.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Location:

Hoover, Alabama

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.