Wealth Management Middle Office Specialist Corporate Trust Operations at Regions Bank

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 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 ResponsibilitiesProvides specialized administrative support to the Wealth Management business segment including transactions processing for firm-specific assets client bill pay services wire transfers and check disbursementsCreates detailed analytical reports and ad hoc reports for Front Office associates and ManagementInterprets the details of trust accounting to properly process free movements cash disbursements and gain/loss activityPosts pending trades to allow for the timely settlement of securities trades by SEIAdministers bond payments and transfers processingOversees fee setup and maintenance in the Wealth Management systemResolves problems and answers questions from internal customersThis 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.RequirementsHigh School diploma or GEDSome college and/or bank experienceSkill and CompetenciesAbility to multitask with minimal supervisionDemonstrates a willingness to learn and apply new concepts and can adapt well to changeDemonstrates the ability to identify and resolve common issues/problemsGood analytical and problem-solving skills including attention to detailProficient verbal and written communication skillsProficient with Microsoft Office products and programsThis position is on the Wealth Management Middle Office Corporate Trust Operations team.This associate is responsible for managing the Rule 144 DWAC (Deposit/Withdrawal at Custodian) process an electronic system that facilitates the transfer of securities between a brokerage account and a companys transfer agent.Rule 144 provides a safe harbor for the public resale of restricted and control securities.Restricted securities are issued in a non-public transaction. Restricted securities typically are marked as restrictive while control securities generally do not have any such designation.Control securities are securities held by an affiliate such as an executive or large shareholder who has the power to direct management of the company issuing shares.Additional Preferences and QualitiesKnowledge of Depository Trust Co (DTCC)Knowledge of Rule 144Knowledge of SEC (U.S. Securities and Exchange Commission)Detail-Oriented Shows precision and accuracy in workAnalytical Thinker Ability to interpret data and make informed decisionsProblem Solver Skilled at identifying issues and implementing solutionsOrganized Efficient in managing tasks and deadlinesAdaptable Thrives in changing environments and learns quicklyCollaborative Works well in team settings and builds strong relationshipsProactive Takes initiative and anticipates needs before they ariseDependable Reliable and consistent in delivering resultsThis position may be filled at a higher level depending on the candidates qualifications and relevant experience.Regions will not sponsor applicants for work visas for this position. Applicants for this position must be currently authorized to work in the United States on a full-time basis.Position TypeFull timeCompensation DetailsPay 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:$37750.00 USDMedian:$44940.00 USDIncentive Pay Plans:This job is not incentive eligible.Benefits InformationRegions 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 Time401K with Company MatchMedical Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer ProgramPlease 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. DetailsRiverchase Complex North BuildingLocation:Hoover AlabamaEqual Opportunity Employer/including Disabled/VeteransJob 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.Required Experience:IC Key Skills Financial Services,Information Technology,Cost Control,Corporate Risk Management,Law Employment Type : Full-Time Experience: years Vacancy: 1