Private Wealth Management Wealth Advisor

Regions Bank

Indianapolis (IN)

On-site

USD 115,000 - 156,000

Full time

2 days ago

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Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Life Insurance

Job summary

Regions Bank is seeking a Private Wealth Management Advisor to develop and maintain relationships with affluent clients, delivering unbiased, consultative financial planning and advisory services. The role involves working with internal partners to offer a broad range of financial products and services, including asset management, trusts, and insurance, while focusing on growth and client retention.

You will manage complex client relationships, ensure compliance with KYC and risk controls, and

Qualifications

Bachelor’s degree in business, finance, economics, accounting or related field.
Five years of financial services experience in banking, wealth management, or related.
NMLS registration is required and compliance with KYC/regulatory guidelines.

Responsibilities

Collaborates with internal partners to provide wealth products and services including financial planning and asset management.
Identifies relationship growth and asset retention opportunities with clients.
Acquires new clients and expands services to meet revenue goals.
Guides development and maintenance of client needs.
Performs client discovery and manages pre/post-call meetings for each engagement.
Manages KYC, reporting, and risk/compliance for the book of business.

Skills

Independent client relations

Relationship management

Sales experience

Negotiation skills

Communication skills

Problem solving

Interpersonal skills

Education

Bachelor’s degree in business, finance, economics, accounting or related field

Job description

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 Advisor develops and maintains a portfolio of client relationships within the defined affluent and high net worth market segments utilizing unbiased, consultative advisory approaches and sound personal financial planning and financial advisory concepts.

Primary Responsibilities

Collaborates with internal business partners to provide a broad range of wealth products and services including financial planning, asset management, personal trust and estate planning, insurance and risk management services, consumer and mortgage credit, and general banking services
Serves as a focused partner, working closely with internal partners to identify relationship growth and asset retention opportunities
Acquires new clients and expand services to existing clients to meet revenue growth, profitability and retention goals consistently
Provides guidance and solutions for the development and on-going maintenance of client needs
Performs perpetual discovery, assessing a client's financial situation to retain and grow the client relationship, conducts and manages all pre-call and post-call meetings for every call
Manages multiple tasks and deadlines including proper Know Your Customer (KYC) guidelines, call reporting, book of business management and maintenance, and manages all elements of risk and compliance needs for the book of business, and utilizing all the tools are resources available to continuously enhance their skill set and improve their performance

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.

This position requires registration with the Nationwide Mortgage Licensing System and Registry (NMLS). Please refer to https://fedregistry.nationwidelicensingsystem.org for more information.

Requirements

Bachelor’s degree in business, finance, economics, accounting or related field
Five (5) years of financial services industry experience in commercial banking, consumer banking, trust investment, wealth management, or related

Skills And Competencies

Ability to independently manage large client relationships
Anticipates client needs and is proactively provides solutions
Effective relationship management, business development and presentation skills
Effective sales, negotiation, problem solving, and interpersonal skills
Excellent verbal and written communication skills
Possess effective and proven sales experience
Strong initiative to be proactive and follow through on client requests

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.

Minimum

Job Range Target

$114,752.55 USD

Median

$156,280.00 USD

Incentive Pay Plans

This role is eligible to participate in a formulaic incentive plan. Employees have the potential to earn incentives based on performance against defined metrics and goals. Opportunity to participate in the Long Term Incentive Plan.

Benefits Information