Private Wealth Management Banking Products Partner

Job Opportunity 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 Banking Products Partner manages strategic banking processes, initiatives and new product development. This role is responsible for implementing business-wide strategic improvement initiatives for Private Wealth Management (PWM) Banking.

Primary Responsibilities

• Supports PWM Banking Products and Development Manager on strategic banking initiatives, product development, ad hoc analysis to improve profitability, growth, delivery, efficiency and effectiveness.
• Leads banking process workstreams to ensure differentiation, innovation, efficiency, effectiveness, channel readiness and goals are met
• Creates white papers by conducting industry research on products and segmentation strategies, competitors, risk structures, and bank portfolio analysis and market opportunities
• Proactively establish and monitor pricing for loans less than $1.0mm to ensure financial metrics are obtained
• Assesses the financial impact of all modernization activities
• Utilizes loan level data to identify opportunities, risks and make recommendations
• Identifies and mitigates risk for banking products to include fielding questions and participating in line of business and bank committees
• Serves as subject matter expert with Technology, data analytics and Consumer Product teams across the organization to ensure product parameters and risk tolerance levels are identified, prioritized and automated as appropriate.
• Provides guidance and support on government, risk management, and compliance (GRC) product management activities
• Develops strong collaboration with internal partners across the organization to ensure service level agreements are met and strong partnerships are developed and leveraged.
• Coordinates regulatory examinations, uploading documents, communication, and organization
• Prepares detailed presentations to support banking across the enterprise
• Collaborates with senior leadership, legal, and auditors

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 Business, Finance or a related field
• Ten (10) years of relevant banking experience

Preferences

• Previous Private Banking experience
• Previous Commercial Underwriting experience
• Proven experience leading workstreams and process improvements
• Knowledge of lending regulatory requirements for commercial and consumer lending

Skills and Competencies

• Ability to clearly articulate complex issues to multiple levels in the organization and maintain clear communication to impacted groups
• Ability to work autonomously
• Ability to multi-task; able to prioritize and work accurately, flexibly and efficiently under pressure.
• Ability to meet deadlines and drive for results
• Ability to work equally well on self-managed and team-oriented projects
• Excellent organization and time management skills
• Proactive and adaptable
• Strong critical thinking skills
• Experience in Commercial Banking is a plus.

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.

Job Range Target:

Minimum:

$132,369.35 USD

Median:

$166,246.50 USD

Incentive Pay Plans:

This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance. Opportunity to participate in the Long Term Incentive Plan.

Benefits Information

Regions 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 visit the provided link.

Location Details

Atlanta Midtown

Location: Atlanta, Georgia

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.