Job Description:At Regions, the Trust Property Manager works within the Natural Resources / Real Estate (NRRE) group to manage a portfolio of real estate properties either held in trust, agency, IRA, or estate accounts or consulting relationships, working within one of the following specialty asset teams:
Real EstateTrust Property Managers on the Real Estate team manage real estate properties ranging from single- and multi-family residences to office buildings, warehouses and shopping centers, assisting with activities such as property sales and purchases, payment of insurance premiums and property taxes, periodic property inspections and appraisals, general maintenance of the properties, general repair replacements and renovation projects, insurance claims and repairs, new leases and renewals, 1031 Tax Exchanges, HOA and COA membership representation, and review of operating budgets.
TimberlandTrust Property Managers on the Timberland team provide forest and land management to commercial, trust and private landowners, assisting with activities including but not limited to timber inventory, growth rate projections, property line maintenance, periodic property inspections, and preparation and monitoring of timber sales and lease agreements.
Mineral LandTrust Property Managers on the Mineral Land team are actively involved in leasing and monitoring properties that produce oil, gas and coal as well as other hard minerals, such as stone, clay, sand and gravel. Services within this team may include mining operations, mineral extractions and royalty payment reconciliation, royalty distribution, and creation of mining activity reports.
Farm LandTrust Property Managers on the Farm Land team provide services to help farmland owners achieve maximum income and growth potential, such as analyzing land, preparing best management plans that outline budget requirements, recommending erosion control measures, identifying potential farm operators, negotiating farm leases, evaluating USDA programs, inspecting crops and farming operations throughout the growing season, and marketing crop-share crops.
Primary Responsibilities- Coordinates with Trust Administrators to ensure the efficient and effective management of real estate property assets and account relationships
- Collaborates with beneficiaries, co-fiduciaries, and outside professionals in the performance of real estate management duties
- Manages assigned properties and advises customers and bank officers on a variety of complex matters concerning the purchase, sale, or management of these properties
- Achieves assigned sales goals
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- High School Diploma
- Five (5) years in real estate and/or property management
Preferences- Bachelor's degree in a related field
- Professional certification or licensing:
- Real Estate - Certified Commercial Investment Member (CCIM) or Certified Property Manager (CPM)
- Timberland - Registered Forester (RF)
- Mineral Land - Registered/Certified Professional Landman (RPL/CPL) or Licensed Geologist
- Farm Land - Accredited Farm Manager or Accredited Rural Appraiser (AFM/ARA)
Skills and Competencies- Advanced knowledge of all applicable laws and regulations
- Analytical and problem-solving skills
- Attention to detail
- Good customer service and negotiation skills
- Good oral, written and organizational skills
- Skilled in applicable computer software, e.g., Microsoft Word, Microsoft Excel, etc.
This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
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:$79,942.50 USD
Median:$103,977.00 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 DetailsLittle Rock Main
Location:Little Rock, Arkansas
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.
