Job Description:At Regions, the Asset Management Portfolio Management Area Manager coaches, mentors, and trains the sales, service, and portfolio management teams. This position is also responsible for assigned area sales goal, revenue retention goals, and risk management.
Primary Responsibilities- Directs a significant portion of the individual and/or trust account business' investment activities, including direct management
- Handles large, complex, and profitable High Net Worth and/or trust account assets and investment relationships
- Participates in setting policies and procedures, including risk management oversight
- Attends asset allocation and investment strategy meetings to determine portfolio investment structure
- Leads associate engagement planning and implementation, and plans continuing education
- Owns the implementation of wealth planning and develops strategic initiatives
- Participates in speaking engagements for large client and prospect groups
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 in a related field
- Ten (10) years of investment experience
Preferences- Master's degree
- Certified Investment Management Analyst (CIMA) or Chartered Financial Analyst (CFA) certification
Skills and Competencies- Ability to develop and maintain relationships internally and externally
- Effective leadership and management skills
- Excellent verbal and written communication skills
- High level of expertise in trust principles and regulatory and tax matters relating to the administration of trust accounts
- Proven and effective sales techniques
- Proficiency in Microsoft Office Suite
- Strong organizational skills
- Provide leadership and oversight for institutional investment strategy and portfolio construction.
- Lead complex client engagements involving investment policy development, asset allocation reviews, spending policy analysis, manager due diligence, and fiduciary oversight.
- Lead, mentor, coach, and develop a team of institutional portfolio managers and investment consultants.
- Foster a high-performance culture focused on client service excellence, accountability, collaboration, and professional development.
- Develop and execute strategic initiatives with institutional leadership that support the growth and profitability of the Institutional Asset Management business.
- Ensure compliance with regulatory requirements, fiduciary standards, and internal risk management policies. Maintain strong governance practices across all client relationships and investment processes
Position TypeFull time
Compensation 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:$194,788.55 USD
Median:$267,610.00 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 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 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/about-regions/welcome-portal/benefits
Location DetailsRegions Center
Location:Birmingham, Alabama
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.
