Trust Property Manager
Regions
- Location
- Onsite (Little Rock, Arkansas)
- Compensation
- $79k - $103k/yr
- Employment
- Full-time
- Level
- Senior Level
About the Role
Regions is seeking a Trust Property Manager to oversee a diverse portfolio of real estate, timberland, mineral land, or farmland assets held in trust or estate accounts. This role involves coordinating with trust administrators and beneficiaries to ensure efficient asset management and achieve sales goals.
Skills
Perks
- Formulaic Incentive Plan
- Long Term Incentive Plan
Full job details
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.
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 Estate
Trust 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.
Timberland
Trust 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 Land
Trust 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 Land
Trust 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.
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:
$79,942.50 USD50th Percentile:
$103,977.00 USDIncentive 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.Location:
Little Rock, ArkansasEqual 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.