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Private Wealth Analyst

City National Bank

San Francisco, California(remote)

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JOB DETAILS
SALARY
$87,027–$138,965 Per Year
SKILLS
Analysis Skills, Asset Management, Bank Management, Brokerage, Business Development, Communication Skills, Community Support, Customer Experience, Customer Relations, Customer Relationship Management (CRM), Dental Insurance, Entrepreneurship, Financial Analysis, Financial Planning, Financial Services, Health Plan, High Net Worth, Intrusion Prevention Systems, Investment Analysis, Investment Management, Investment Services, Market Analysis, Materials Planning, Microsoft Excel, Microsoft PowerPoint, Network Support, Onboarding, Portfolio Analysis, Private Banking, Relationship Management, Risk, Sales, Sales Management, Series 7, Stock Market, Strategic Planning, Tactical Communications, Tax Planning, Team Player, Time Management, User Interface/Experience (UI/UX), Vision Plan
LOCATION
San Francisco, California
POSTED
26 days ago
Overview:
PRIVATE WEALTH ANALYST

 

WHAT IS THE OPPORTUNITY?
Supports Private Banking client teams in delivering investment analysis and financial planning materials for high-net-worth and ultra-high-net-worth individuals and families within a specific region. Partners with PB team in business development and relationship management activities to support investment management prospects and clients.

 

WHAT WILL YOU DO?
  • Provide in-depth sales materials for Private Bankers by creating sophisticated portfolio and market analyses using a variety of investment and financial markets database tools.
  • Assist Private Bankers in performing financial planning analyses.
  • Collaborate closely with Tax and Financial Planning team.
  • Lead region as the subject matter expert in using eMoney as a primary planning resource and tool.
  • Lead in the administrative and follow up actions to ensure delivery of Investment Policy Statements and ongoing progress on agreed upon client strategies.
  • Partner with PB teams in business development, on boarding and ongoing servicing.
  • Participate in profiling across the full spectrum of the needs of PB target segments and provide tailored advice in collaboration with client team. Utilize planning capabilities and develop solutions across investments including brokerage, trust and wealth transfer, credit, deposit, and all other appropriate services.
  • Participate with City National Bank team on sales calls including pre-brief and de-brief meetings.
  • Assume primary responsibility to work with the Investment Management Services Group on the front-end on-boarding of new investment management and trust accounts.
  • Aid Private Bankers to ensure client's current goals, risk tolerance and constraints are reflected in the Investment Policy Statement and investment objective selection.
  • Participate with Private Banker and Portfolio Manager when further asset allocation tailoring is needed to meet the client's needs (and will be reflected in the IPS).
  • As Private Bankers direct, communicate strategic and tactical asset allocation shifts or rebalancing to the client. Assists Private Bankers in reviewing asset management and CNS Brokerage statements with clients.
  • Participate in managing relationships with the client team in planning, delivery, and regular review with clients. Deliver a high degree of personal contact and open communication among clients and internal team that creates a superior client experience. Position the Private Banker as the credit and deposit lead.
  • Effectively participate with a team of CNB colleagues to set strategies and provide services across the full product spectrum in order to become the client's sole or lead provider.
  • Keep current on client’s financial information while ensuring that clients understand the solutions being provided.
  • Maintain all appropriate training and continuing education requirements for licenses and certifications.
  • Ensure that Reg 9 is properly completed in a timely manner.

 

WHAT DO YOU NEED TO SUCCEED?
Required Qualifications*
  • 3 years of experience in investments, financial planning or other financial services industries
  • 3 years of experience with Microsoft Excel and PowerPoint
  • 3 years working in a professional team environment
  • FINRA Series 7 and 66 licenses, or the ability to obtain

Additional Qualifications

  • Experience with Bloomberg, Morningstar Advisor, eMoney, or other financial databases
 
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $87,027 - $138,965 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

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 including:
  • 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
 
Get a more detailed look at our Benefits and Perks.

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.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
 
 

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About the Company

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City National Bank