Investment Service Associate Senior Job Listing at City National Bank in Los Angeles, CA (Job ID 10095)

Description

INVESTMENT SERVICE ASSOCIATE SENIOR
WHAT IS THE OPPORTUNITY? Work with Investment Services Managers in the managing of the overall relationship of assigned managed agency accounts. Represent Wealth Management in various business activities and maintains contacts with clients, administrators, trustees, co-trustees, beneficiaries, attorneys and others regarding accounts. Work closely with portfolio managers, advisors, and others in providing high quality service and ensures compliance with all statutory requirements.
What you will do

• Investment Administration Process fund transfers, wires, checks, transfers to and from City National bank accounts and ACH.Administration of IRAs.Prepare client portfolio review books for Advisors.Process of client account maintenance requests.Ad hoc requests (i.e. requests for statements, 1099's, copy of trade confirmations, etc.).Assist Investment Services Managers with the annual confirmation of investment objectives.Assist Investment Services Managers with various compliance reports such as anticipated fees, investment change verification, zero balance accounts, accounts not scheduled for events, etc.Prepare custom client reporting.
• Risk Management and ComplianceFollow appropriate Regulation 9 process.Maintain all appropriate training and continuing education requirements for both internal programs and external licenses and certifications.Comply with the regulatory requirements established by the Office of the Comptroller of the Currency (OCC) as well external and internal auditors and the WMS Compliance Officer. Assure that trust policies and procedures coincide with division and bank objectives

Must-Have*

• Bachelor's Degree or equivalent
• 3 years of experience in an investment management or trust environment
• 2 years of experience in a financial services organization
• 2 years of experience with Microsoft Office (Word, Excel, PowerPoint, Outlook)

Skills and Knowledge

• Excellent organizational and problem solving skills.
• Experience with SEI's Trust 3000 Trust Accounting System preferred. Proficient with Microsoft Office (Word, Excel, PowerPoint, Outlook)
• Excellent verbal and written communication skills.
• Bachelor's Degree in Business, Finance or related area preferred, or equivalent 1 to 3 years work experience.

Compensation Starting base salary: $28.58 - $45.66 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

*City National Bank does business in Miami and the state of Florida as CN Bank.

For more information about City National, visit cnb.com.
EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.

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