City National Bank

City National Bank is a bank headquartered at City National Plaza in Los Angeles, California. CNB is a subsidiary of the Toronto-based Royal Bank of Canada and it is the 35th largest bank in the Unite…

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  • Country
    Hosted in United States

  • Traffic rank
    #59,026 Site Rank

  • Site age
    25 yrs old

  • Site Owner information
    Whois info

  • Founded
    1954;,Beverly Hills, California

  • Founder
    Alfred S. Hart

  • Headquarters
    City National Plaza,Los Angeles, California

  • Key people
    Alfred S. Hart,Benjamin N. Maltz,Russell Goldsmith,Kelly Coffey,Bram Goldsmith

  • Parent
    Royal Bank of Canada

  • Total assets
    $91.5 billion

  • Type
    Subsidiary

Traffic rank
#59,026
Site age
25 yrs
Location
United States
Popular Questions for City National Bank
Newest job postings for City National Bank
via City National Bank posted_at: 1 day agoschedule_type: Full-time
DIRECTOR PORTFOLIO MANAGEMENT RISK AND CONTROL WHAT IS THE OPPORTUNITY... Director – Portfolio Management Risk and Control - The individual will work directly with the City National Rochdale ('CNR') Portfolio Management leadership team to anticipate, identify, and mitigate risks, including trading, operational, reputational and performance risks, which could impact business objectives, and to strive for excellence in audit/exam results. This individual DIRECTOR PORTFOLIO MANAGEMENT RISK AND CONTROL

WHAT IS THE OPPORTUNITY...

Director – Portfolio Management Risk and Control - The individual will work directly with the City National Rochdale ('CNR') Portfolio Management leadership team to anticipate, identify, and mitigate risks, including trading, operational, reputational and performance risks, which could impact business objectives, and to strive for excellence in audit/exam results. This individual will work with Portfolio Management business leaders to determine appropriate strategies to reduce/eliminate key risks, including advising on how to design, implement, and oversee appropriate controls of various elements of the business's overall risk appetite framework and end to end processes. In addition, the candidate will help to instill a robust risk and controls culture throughout the department.

Wealth Management Division: City National Rochdale
As a member of City National Rochdale, the company's Wealth Management group, you will provide white-glove service focused on intelligently personalized portfolio management for high-net-worth individuals, families, and institutions. For 30 years, City National Rochdale has helped clients achieve their goals, operating as a nimble, responsive, local boutique investment firm.

WHAT WILL YOU DO?
• Work with the Portfolio Management team to develop and implement a comprehensive plan to ensure that heightened regulatory standards are integrated into all aspects of Portfolio Management, including policies, procedures, processes, and risk management strategies.
• Oversee, frame, lead, and construct/create comprehensive policy and process documents for Portfolio Management.
• Identify, monitor, report on, and mitigate operational, regulatory, and compliance risks related to CNR’s Portfolio Management functions.
• Collaborate with other departments within the organization, including legal, compliance, and risk management, to ensure that the heightened standards program is integrated into the broader risk management framework.
• Coordinate with Sales, Research, and Client Service and Operations teams to contribute to the execution of the Portfolio Management risk management policy within the firm’s risk framework. Establish and assess operational controls to ensure compliance with regulations and internal policies, issue management, and exam management.
• Develop policies and procedures for criteria used to escalate problems that occur.
• Create and implement metrics and reporting mechanisms to monitor the effectiveness of the heightened standards program and make recommendations for improvement, as necessary.
• Analyze and evaluate data that effects the technical, operational, and business functions and provide insight to the practical impacts/implications to the business line.
• Build, maintain and operationalize document management systems supporting Portfolio Management.
• Work independently and with other team members in conducting research, analyzing, and interpreting data and information to support strategies, initiatives, organizational planning, and business model adjustments.
• Function as the business liaison for responses and initiatives related to RBC, CNB and CNR Risk, Compliance, Legal, and internal and external audits. Establish and cultivate strong working relationships with all stakeholders.
• Coordinate with RBC and City National Bank’s teams to implement OCC’s Heightened Standards related to enhanced risk management and monitoring of regulatory issues which can impact Portfolio Management activities.
• Work closely with the Business Affairs team on initiatives and aid in evolving them such that they become business as usual and distributed to the appropriate long-term owners.
• Partner with team members to contribute concise communication materials for senior management. Develop presentations for internal and external meetings that are compelling, concise, and graphical to convey message.
• Monitor regulatory changes that would impact the Portfolio Management group.
• Participate in industry forums and events to stay abreast of regulatory developments and best practices in wealth management.
• Contribute to and potentially run special projects and initiatives, as necessary.

WHAT DO YOU NEED TO SUCCEED

Must-Have*
• Bachelor's Degree
• The ideal candidate will be a subject matter expert and have extensive knowledge of and experience with wealth management practices, heightened standards, regulatory requirements, and risk management strategies.
• The role requires strategic thought leadership, driving the efficiency and effectiveness of the control environment, ensuring effective risk programs, and accurate reporting and escalation to the business stakeholders regarding operational and compliance risks associated with client service and operations.
• Candidate will possess excellent leadership and communication skills, with the ability to collaborate with various stakeholders and teams.
• Bachelor's degree in finance, business, or a related field; MBA, JD, or other advanced degree, highly preferred.
• At least 10 years of experience in wealth management, with a focus on risk management and regulatory compliance.
• Strong knowledge of regulatory requirements related to wealth management, including FINRA, SEC, and other relevant regulations.
• Demonstrated experience managing complex projects in a highly regulated environment.
• Considerable experience in driving operational change with front line to senior leadership personnel.
• Continuous and quick learning mindset.

Skills and Knowledge
• Excellent communication skills, with the ability to convey complex concepts to stakeholders at all levels of the organization.
• Strong analytical skills and the ability to think strategically about risk management and compliance.
• Ability to work independently, prioritize tasks, manage competing demands in a fast-paced environment and deliver high caliber results.
• Excellent time management, organizational, and prioritization skills.
• Ability to lead cross functional teams to assess and mitigate risks.
• Exceptional relationship and partnership skills, Wealth Management risk management expertise and skills, and knowledge of the regulatory framework and entities affecting operational risk standards and activities.
• Up-to-date understanding of key risk and control concepts, tools and trends relating to risk identification, ratings and prioritization, mitigation, and reporting.
• Strong interpersonal and influencing skills – and ability to interact with colleagues at all levels in a peer-like way and achieve goals without direct control over resources.
• Demonstrated ability to Influence change, build relationships, communicate effectively, work under pressure, manage multiple priorities and deliver high caliber results.
• An outstanding ability to analyze problems, apply quantitative analytical approaches, communicate effectively and confidently (both oral and written), work well in cross-functional teams.
• Superb diligence and attention to detail.
• Proficiency with Salesforce, MS Excel, and PowerPoint.

Compensation
Starting base salary: $127,626 - $237,014 per year. 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.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. 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 law.

ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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via City National Bank posted_at: 14 days agoschedule_type: Full-time
PORTFOLIO ANALYST WHAT IS THE OPPORTUNITY? The Portfolio Analyst primary responsibilities are:• Prepare review book materials for client presentations• Prepare IPS letters for new clients and IPS change / reallocation letters when necessary• Assist the Portfolio Management team in solving client and advisor issues as it relates to Operational and logistical inquires• Act as the primary Portfolio Management team liaison with all Operations PORTFOLIO ANALYST

WHAT IS THE OPPORTUNITY?

The Portfolio Analyst primary responsibilities are:• Prepare review book materials for client presentations• Prepare IPS letters for new clients and IPS change / reallocation letters when necessary• Assist the Portfolio Management team in solving client and advisor issues as it relates to Operational and logistical inquires• Act as the primary Portfolio Management team liaison with all Operations teams including New Accounts, Billing, Performance and Client Services• Transition / set up new client accounts• Analyze portfolio performance and research outliers• Respond to ad hoc client requests, and manage client and advisor phone calls in the course of providing the highest degree of service• Becoming proficient in the applications and technology used in the portfolio management and client service operations processes• Respond to compliance inquiries, including those re: large withdrawals and source of funds for existing clients• Keep up... with the current market environment and general performance of firms investments• With experience, setup client accounts in trading system and perform basic trading responsibilities, and analyze accounts for strategic rebalancing• Of note, this role is not a research analyst position

Wealth Management Division: City National Rochdale
As a member of City National Rochdale, the company's Wealth Management group, you will provide white-glove service focused on intelligently personalized portfolio management for high-net-worth individuals, families, and institutions. For 30 years, City National Rochdale has helped clients achieve their goals, operating as a nimble, responsive, local boutique investment firm.

WHAT DO YOU NEED TO SUCCEED

Must-Have*
• Bachelor's Degree
• 2 years of experience in finance related role, preferably in investment management and services and professional team environment (relevant internship experience considered; internal mobility candidates highly desired and encouraged; referrals encouraged)

Skills and Knowledge
• 0-3 years of experience in finance related role , preferably in investment management and services and professional team environment (relevant internship experience considered; internal mobility candidates highly desired and encouraged; referrals encouraged)
• Strong problem solving and analytical skills
• Attention to detail
• Ability and desire to learn
• Excellent communication skills; professional demeanor
• Ability to effectively address Client or FA trade and investment related questions
• Ability to learn the Firm’s proprietary trading system, and the portfolio accounting system
• Ability to multi-task and prioritize multiple deliverables
• Quality of work product; quality assurance of work product of others
• Commitment to pursue CFA; level one candidate
• Proficient in basic computer software tools, e.g., MS Word, Excel, Outlook, and PowerPoint
• Interest and / or experience in client facing role
• Interest in financial markets and investing
• Bachelor’s degree - preferably major in Finance

Compensation
Starting base salary: $65,296 - $104,304 per year. 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.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. 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 law.

ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

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#CA-KB
#GD-KB

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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via City National Bank posted_at: 4 days agoschedule_type: Full-time
THIRD PARTY RISK MANAGEMENT LEAD WHAT IS THE OPPORTUNITY... Third Party Risk Management (TPRM) Lead is responsible for providing Enterprise wide third party risk management services, including taking a lead role to define, implement, and maintain a risk framework, operating model, policies, procedures, governance and oversight programs for all lines of business and subsidiaries. CNB established the TPRM program as a second line function, enabling THIRD PARTY RISK MANAGEMENT LEAD

WHAT IS THE OPPORTUNITY...

Third Party Risk Management (TPRM) Lead is responsible for providing Enterprise wide third party risk management services, including taking a lead role to define, implement, and maintain a risk framework, operating model, policies, procedures, governance and oversight programs for all lines of business and subsidiaries. CNB established the TPRM program as a second line function, enabling CNB to manage third party risk effectively and efficiently, relative to its size and complexity. The lead is responsible for ensuring the program meets regulatory guidance, aligns with CNB's parent company, and incorporate changes as necessary.

Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.

WHAT WILL YOU DO?
• In partnership with the TPRM Program Manager, develop a successful implementation plan consisting of: • Assist with the development and execution of an TPRM risk framework, policies and procedures • Direct assessments on key controls and overall compliance with the TPRM program, including the timeliness, completeness, and accuracy of risk assessments. • Provide risk-consulting serves to first line third party risk managers for complex arrangements. • Develop risk analysis and reporting, including risk metrics, for dissemination to both first line of defense (technology) leadership, risk management committees, CNB’s parent holding company, and CNB’s regulators. • Streamline processes for risk identification and assessment, control assessment, testing and issue management.
• Lead continuous improvement activities and initiatives for TPRM, working with stakeholders, subject matter experts, and analysis of exception reports to define issues, determine root cause, and determine appropriate changes.
• Identify and assess requirements for CNB’s GRC system to increase automation, and process effectiveness and efficiency.
• Responsible for reviewing SSAE 18 reports for CNB’s third parties and evaluate for completeness, appropriateness, and assess impact to CNB on findings and exceptions to support CNB’s Sarbanes Oxley, FDICA, and SOC programs.
• Manage coordination of assignment of resources based on demand and capacity, and required subject matter expertise, including augmenting internal staff with external resources as necessary.
• Ensure appropriate escalate of issues to first line and senior management as required.

WHAT DO YOU NEED TO SUCCEED

Must-Have*
• Minimum of seven years of third party risk management, assurance and / or oversight or relevant supplier or third party audit or compliance experience
• Minimum of four years of experience in risk and controls for information technology and cybersecurity, appropriately scoping assessments, providing credible challenges, and performing assurance testing.
• Minimum of four years working with a GRC system, incorporating continuous improvement for the system and process.

Skills and Knowledge
• Comprehensive knowledge of third party and information technology risk management processes and methodologies
• Experience using third party risk management /Governance, Risk and Compliance (GRC) systems
• Experience assessing contracts, including master service agreements, statements of work, and license agreements.
• Experience assessing cloud servicing arrangements
• Knowledge of and experience in designing and operating governance, frameworks and processes to comply with vendor management / third party risk management related regulatory requirements, guidance and oversight (OCC 2013-29, Fed SR 13-19 or other relevant third party risk management / vendor management regulation applicable to the financial services industry)
• Currently hold or quickly obtain industry recognized third party risk management or vendor management certification
• Excellent oral and written communication skills; experience performing both detailed and executive-level documentation
• Advanced knowledge of Microsoft Office tools; specifically, Excel, PowerPoint and SharePoint
• Experience with reporting platforms such as Tableau, SQL scripts, and Microsoft SSRS desirable

Compensation
Starting base salary: $111,408 - $189,738 per year. 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.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. 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 law.

ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
Show more details...
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