City National Bank
Investment Relationship Officer
City National Bank, Los Angeles, California, United States, 90079
Investment Relationship Officer
Assist Financial Advisors by providing day-to-day client support and operational service on all CNS Investment Advisory Program and client-directed accounts to affluent individuals and families within the Bank's Personal and Business Banking Group. Maintain account oversight and provide accurate, timely information to ensure quality service and client retention. Cultivate and maintain ongoing client relationships by introducing and cross‑selling other financial products and services. What Will You Do?
Open Investment Advisory Program accounts and work directly with clients, Financial Advisors, CNS Investment Operations and CNB Trust Operations to open, fund, and provide ongoing support and service. Ensure all CIP and KYC requirements are complete. Prepare all new account documents, account transfers, DTC delivery of securities, money movements including cash disbursements and deposits, wires, IRA distributions, and contributions, and all regulatory correspondence. Review daily reporting and ensure reporting and coding updates when policy and procedures change. Prepare all required SEC 17AC3-4 books and records documents, letters, and correspondence needed for Program accounts. Complete annual administrative reviews. Review quarterly performance reports, investment objectives, current suitability on file and the Investment Policy statement to assist Financial Advisors to meet SEC requirements for annual investment reviews. Prepare operational reports for CNS Management to assist with the tracking and supervision of the Program accounts. Provide back‑up support for client inquiries when Financial Advisors are unavailable and where knowledge of asset allocations and strategies is needed. Develop and maintain strong working knowledge of IBS Insight, NFS, SEI, CSS, Galaxy, Salesforce, and other programs required for the day‑to‑day administration of client accounts. What Do You Need to Succeed?
Two to five years of Client Service or Operational experience at a Broker Dealer or in an investment management environment. FINRA Series 7 and 63 and 65 or 66. Bachelor’s degree in Business, Finance, or related area or equivalent experience preferred. Knowledge of SEC and FINRA rules and regulations. Knowledge of National Financial Systems for brokerage accounts preferred. Excellent verbal and written communication skills, particularly on the telephone. Ability to multi‑task and perform with a high degree of accuracy in a fast‑paced, dynamic environment with heavy workloads and high call volumes. Compensation
Starting base salary: $71,869 - $114,797 per year. Job eligible for bonus and/or commissions. Benefits and Perks
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date. Generous 401(k) company matching contribution. Career Development through Tuition Reimbursement and other internal upskilling and training resources. Valued Time Away benefits including vacation, sick and volunteer time. Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs. Career Mobility support from a dedicated recruitment team. Colleague Resource Groups to support networking and community engagement. About Us
Since day one we’ve always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us. Inclusion and Equal Opportunity Employment
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
#J-18808-Ljbffr
Assist Financial Advisors by providing day-to-day client support and operational service on all CNS Investment Advisory Program and client-directed accounts to affluent individuals and families within the Bank's Personal and Business Banking Group. Maintain account oversight and provide accurate, timely information to ensure quality service and client retention. Cultivate and maintain ongoing client relationships by introducing and cross‑selling other financial products and services. What Will You Do?
Open Investment Advisory Program accounts and work directly with clients, Financial Advisors, CNS Investment Operations and CNB Trust Operations to open, fund, and provide ongoing support and service. Ensure all CIP and KYC requirements are complete. Prepare all new account documents, account transfers, DTC delivery of securities, money movements including cash disbursements and deposits, wires, IRA distributions, and contributions, and all regulatory correspondence. Review daily reporting and ensure reporting and coding updates when policy and procedures change. Prepare all required SEC 17AC3-4 books and records documents, letters, and correspondence needed for Program accounts. Complete annual administrative reviews. Review quarterly performance reports, investment objectives, current suitability on file and the Investment Policy statement to assist Financial Advisors to meet SEC requirements for annual investment reviews. Prepare operational reports for CNS Management to assist with the tracking and supervision of the Program accounts. Provide back‑up support for client inquiries when Financial Advisors are unavailable and where knowledge of asset allocations and strategies is needed. Develop and maintain strong working knowledge of IBS Insight, NFS, SEI, CSS, Galaxy, Salesforce, and other programs required for the day‑to‑day administration of client accounts. What Do You Need to Succeed?
Two to five years of Client Service or Operational experience at a Broker Dealer or in an investment management environment. FINRA Series 7 and 63 and 65 or 66. Bachelor’s degree in Business, Finance, or related area or equivalent experience preferred. Knowledge of SEC and FINRA rules and regulations. Knowledge of National Financial Systems for brokerage accounts preferred. Excellent verbal and written communication skills, particularly on the telephone. Ability to multi‑task and perform with a high degree of accuracy in a fast‑paced, dynamic environment with heavy workloads and high call volumes. Compensation
Starting base salary: $71,869 - $114,797 per year. Job eligible for bonus and/or commissions. Benefits and Perks
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date. Generous 401(k) company matching contribution. Career Development through Tuition Reimbursement and other internal upskilling and training resources. Valued Time Away benefits including vacation, sick and volunteer time. Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs. Career Mobility support from a dedicated recruitment team. Colleague Resource Groups to support networking and community engagement. About Us
Since day one we’ve always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us. Inclusion and Equal Opportunity Employment
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
#J-18808-Ljbffr