City National Bank jobs

SENIOR MANAGER, INVESTMENT MANAGEMENT GOVERNANCE OFFICE, RNDIP / REG R WHAT IS THE OPPORTUNITY? Working within the Investment Management Governance Office and with Senior Management of the Wealth Management division, this role will be responsible for City National Bank's Retail Non-Deposit Investment Program (RNDIP) and Reg R compliance to include coordination with City National Bank's Network Affiliates and colleagues across the division to implement policies, develop procedures and controls related to the governance requirements outlined in the OCC RNDIP Handbook (June 2024) and produce quarterly metrics and reports to the Wealth Management & Fiduciary Committee and the Private Banking and Wealth Management Business and Risk Committee. This role also works closely with 2LOD Compliance and 3LOD Internal Audit on issues impacting the Wealth Management division. WHAT WILL YOU DO? - At the direction of the Head of Investment Management Governance act as an intermediary/point person for City National Bank's ("CNB's) Investment Management Governance Office, which includes managing the Retail Non-Deposit Investment Products (the "RNDIP") program and Reg R compliance. - Build and sustain effective relationships and alliances both internally and across all lines of business and staff areas to help deliver results and to ensure applicable issues are identified, analyzed and managed appropriately. Understand interdependencies across LOBs and support groups to achieve success in supporting remediation of regulatory, internal audit, and self-identified issues. - Analyze, evaluate and periodically review current risk management practices relating to RNDIP and Reg R activities across the organization and the activities of the network affiliates. Collaborate closely with colleagues across Risk, Compliance and Internal Audit to strengthen the control environment and enhance risk management practices. - Monitor activities of the network affiliates for adherence to CNB's networking agreements and RNDIP policies, Program Management Statement and procedures. - Drive annual review of CNB Compensation Plans RNDIP inter-company agreements, RNDIP Products, RNDIP Program Management Statement, RNDIP Program and Referral Procedures, and other related procedures owned by the IMGO. - Review marketing materials and new or modified products for applicability to RNDIP and Reg R. - Design and implement reporting associated with RNDIP to appropriate governance committees. - Develop and implement training for RNDIP programs across LOBs. - Lead execution of activities described in the RNDIP Program Procedure, including completion of annual RNDIP risk assessment summary. - Prioritize organizational risk management objectives. - Facilitate audit and examination activities. - Cultivate and grow talent within the organization through coaching, mentoring, and training. WHAT DO YOU NEED TO SUCCEED? Required Qualifications - Bachelor's Degree or equivalent - 7+ years experience managing a RNDIP Program for an OCC regulated Bank - 10+ years within or related to financial services - Interaction with regulators from a prior role Additional Qualifications - Juris Doctor (JD) degree preferred - Demonstrated knowledge of Reg R from prior role - 10 years in a role requiring complex problem solving - Investment Management experience preferred - Strong interpersonal and influencing skills; ability to communicate effectively in interactions with Regulators. Communication 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. - Strong emerging end-to-end generalist problem solving skills, e.g., - Prioritizing issues and analysis - Structuring and building quantitative and qualitative/conceptual analyses - Knowledge in Financial Services, Project Management - Excellent time management, organizational, and prioritization skills and ability to balance multiple priorities. - An outstanding ability to analyze problems, apply quantitative analytical approaches, communicate effectively and confidently (both oral and written), work well in cross-functional teams - Quick learning ability, outstanding analytical skills and a structured way of thinking, your attention to details is exceptional - Operate well under stress, even faced with tight timelines for ambitious deliverables Significant experience in driving operational change with front line to senior leadership personnel - Proficiency with MS Excel and PowerPoint WHAT'S IN IT FOR YOU? Compensation Starting base salary: $275,000 - $325,000 per year in New York, NY $225,000 - $275,000 per year in Los Angeles, CA $200,000 - $250,000 per year in Newark, Delaware or Charlotte, NC 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. 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.

ABOUT US RBC Rochdale partners with financial advisors and their high-net-worth clients to build intelligently personalized investment portfolios. RBC Rochdale provides investment research, portfolio management, macroeconomic outlook and strategic asset allocation to help clients meet their long-term goals. RBC Rochdale, LLC is an SEC-registered investment adviser and wholly-owned subsidiary of City National Bank. REGULATORY ASSOCIATE INVESTMENT MANAGEMENT WHAT IS THE OPPORTUNITY? This position sits in City National Bank's Investment Management Group's (IMG) and supports the Head of Regulatory Governance for the Chief Investment Officer. This is a First Line of Defense role and is responsible for the identification, monitoring and mitigation of operational and regulatory risks. In addition, the role will support the IMG's corporate governance requirements, controls implementation and monitoring, and development and maintenance of procedure documentation. The role will also facilitate reviews by compliance, internal audit and external regulators while providing knowledge of OCC and SEC fiduciary based regulatory requirements. WHAT WILL YOU DO? - Learn, understand and apply investment management best practices and fiduciary requirements arising out of OCC and SEC regulations and expectations - Support the identification and remediation of regulatory, compliance and operational risks to the IM business. Responsible for the development and implementation of new programs/strategies, regulations, rules, and risk management requirements - Support committee corporate governance requirements including agenda creation, minute taking, and tracking of issues - Support the business meet its enterprise level risk program requirements, including Risk and Control Self Assessments (RCSA's), Compliance Risk Assessments (CRAs), Issue Management - Support continuous improvement to over risk culture, risk conduct, and risk literacy within the business, including the design and implementation of preventive and detective controls around Investment Management activities - Analyze, evaluate, and review current risk management practices across the organization. Collaborate closely with colleagues across the 2nd and 3rd lines to strengthen the control environment and enhance risk management practices - Conduct research, analysis, and interpretation of data and information to support new business ang organizational plans, strategies, and initiatives planning - Act as the business liaison for business line risk and controls management, compliance activities, legal engagement, and internal or external audits - Build and sustain effective relationships and alliances internally and across all lines of business and staff areas to help deliver results. Understand interdependencies to achieve success. - Draft concise written materials for communications with senior management. Develop presentations for internal and external meetings that are compelling, concise, and clear - Write clear advocacy memos and email correspondence that exhibit strong critical analysis and organization - Direct and participate in special projects, as necessary. - Facilitate audit and examination activities. - Cultivate and grow risk talent within the organization through coaching, mentoring, and occasionally assisting with review of applicable training. WHAT DO YOU NEED TO SUCCEED? Required Qualifications - Bachelor's Degree or equivalent - 7+ years managing projects - 7+ years of experience in or related to financial services Additional Qualifications - MBA or other advanced degree (e.g., JD, MBA, Masters, etc.) preferred - Project & Problem-Solving: End-to-end project management with demonstrated ability to deconstruct complex problems, prioritize issues, and build quantitative and qualitative analyses - Financial Services Expertise: Knowledge of Financial Services, Project Management, OCC 12CFR9, SEC Registered Investment Advisor '40 Act requirements, and fiduciary standards (or ability to learn quickly) - Influence & Collaboration: Strong interpersonal skills with ability to influence change and achieve goals without direct control over resources; excellent stakeholder management - Communication: Exceptional oral and written communicator; confident presenting to all organizational levels - Analytical Skills: Outstanding quantitative and analytical capabilities with structured thinking and meticulous attention to detail - Cross-Functional Teamwork: Ability to work effectively in diverse teams and drive operational change across all levels - Operational Excellence: Superior time management, prioritization, and ability to manage multiple priorities simultaneously while meeting deadlines - Pressure & Complexity: Thrives under pressure with tight timelines; handles uncertainty well and simplifies complexity - Proficiency in MS Excel and PowerPoint WHAT'S IN IT FOR YOU? Compensation Starting base salary: $92,114 - $156,880 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. 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.

DIVISION CREDIT MANAGER - Consumer, SBA, Business Banking, Card WHAT IS THE OPPORTUNITY? The Division Manager is responsible for overseeing the credit operations within Consumer, SBA, Business Banking, Card, ensuring strategic alignment, and effective risk management. This role involves leading a team of Credit Solutions colleagues, driving strategic growth, and maintaining high standards of credit quality and compliance. The Division Manager collaborates closely with senior leadership to develop and implement lending strategies that support the Bank's goals. The Division Manager will provide leadership in the creation and implementation of a cohesive and consistent credit culture, ensuring consistency in credit philosophy, underwriting review, and portfolio monitoring. This role is responsible for building and supporting effective partnerships and communication routines between the Credit Solutions team and its Sales and Risk partners. The Division Manager will partner with the head of the Sales business line to develop and implement a growth strategy. The Division Manager is responsible for understanding the full loan portfolio, including anticipating market changes and flagging risks and exposures as necessary. This role is also a point of escalation on individual transactions, as needed. The Division Manager also acts as the primary interface for the Credit Solutions division with internal Credit Risk Review and Audit and outside regulatory parties. This role actively participates in Risk Committee meetings and is responsible for or may coordinate the development and implementation of the risk management framework required by internal and external stakeholders. The Division Manager works with Credit Managers to coordinate and review reports submitted to various internal credit-related committees and prepare for and lead quarterly Portfolio Review meetings for each region or sub-verticals within their line of business to ensure that these sessions are efficient and meet Credit Risk's requirements.The Division Manager is also responsible for resource and budget planning and execution, including the implementation of a talent strategy to develop and retain credit talent. To that end, this role will be responsible for training colleagues at all levels, both through formal and informal mechanisms. This role will create job aids and trainings on certain topics, and may be asked to lead training sessions. In addition, this role is responsible for constantly assessing the procedures and processes for underwriting and monitoring credits and, when applicable, suggesting and implementing improvements. WHAT WILL YOU DO? - Underwrite and portfolio manage Business Banking clients - typically privately held companies with annual revenues ranging up to $50 million across a wide range of industries and geographies. - Formulate and recommend credit and banking solutions to clients to support working capital - Strategic Leadership: Develops and executes lending strategies for the business line, aligning with organizational goals and market conditions. - Team Oversight: Supervises a team of Credit colleagues, providing functional guidance, risk management coaching, and performance management. - Credit Management: Provides direction and counsel for the most complex accounts or sensitive client relationships. Guides team members to analyze the risk associated with direct credit and operational credit risk. - Performance Monitoring: Monitors and analyzes portfolio performance, making adjustments as needed to optimize results. - Risk Management: Ensures effective risk management practices are in place, maintaining high standards of credit quality and origination in alignment with Bank's credit risk appetite, and compliance with institutional and regulatory requirements. - Business Growth: Drives business growth through strategic planning, market analysis, and identifying new opportunities. - Collaboration: Works closely with senior leadership and cross-functional teams to ensure cohesive and effective lending operations to achieve the Bank's strategic initiatives. Participates in and run ad-hoc projects to support the organization's priorities. - Policy Development: Develops and implements lending policies and procedures, ensuring they are up-to-date and compliant with regulatory requirements. - Industry Awareness: Stays informed about industry trends, market conditions, economic trends, regulatory changes, and competitor activities to proactively address potential impacts on the business line and portfolio. - Talent Management: Engages in formal and informal talent management activities to train, develop, manage, and coach team members, fostering a culture of continuous improvement and professional growth. WHAT DO YOU NEED TO SUCCEED? Required Qualifications - Bachelor's Degree or equivalent in Finance, Business, or related field - Minimum 15 years of progressively increasing credit underwriting and portfolio management experience in relevant industry/industries - Minimum 7 years of management experience in underwriting or credit management Additional Qualifications - Extensive experience in credit management and lending operations, with a strong understanding of risk management principles - Proven leadership and team management skills, with the ability to inspire and develop talent - Strategic thinking and business acumen, with the ability to drive growth and achieve organizational goals - Excellent communication and collaboration skills, with the ability to work effectively with senior leadership and cross-functional teams - Strong analytical skills, with the ability to interpret complex data and make informed decisions - Industry-specific knowledge and expertise Consumer, SBA, Business Banking, Card WHAT'S IN IT FOR YOU? Compensation Starting base salary: $195,995 - $364,003 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. 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.