Private Wealth Analyst - Montecito, United States - City National Bank

City National Bank

Verified Company

Montecito, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview:

PRIVATE BANKING WEALTH ANALYST I

WHAT IS THE OPPORTUNITY?

Supports Private Banking client teams in delivering investment analysis and wealth planning materials for high-net-worth and ultra-high-net-worth individuals and families within a specific region.

Partners with Private Banking team in business development and relationship management activities to support prospects and clients.

WHAT YOU WILL DO

Investment Analysis and Financial Planning
***- 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 Banking client teams in performing wealth planning analyses using financial planning tools and databases.
Collaborate closely with Private Banking client team members.
Lead in the administrative and follow up actions to ensure delivery of Investment Policy Statements.

Business Development

Partner with Private Banking 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.
Participate with Private Banking client teams on sales calls including prebrief and debrief meetings.
Assume primary responsibility to work with Private Banking client team and Administrative group on the frontend onboarding of new investment management and trust accounts.
Work on special projects as requested.

Relationship Management and Portfolio Reviews

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. Produce materials to support meeting preparation and the client meeting. Deliver a high degree of personal contact and open communication among clients and internal team that creates a superior client experience.
Deliver hightouch client service in every client interaction and support projects that reinforce the team's superior, personalized client service approach.
Effectively participate with client team to support setting strategies and provide services across the full product spectrum in order to become the client's sole or lead provider.

Risk Management and Compliance

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 bank compliance, licenses and certifications.

Must-Have

3 years of experience in investments or other financial services industries
Minimum of 3 years of experience with Microsoft Excel and PowerPoint programs as well as Bloomberg, Morningstar Advisor Workstation, MoneyTree Allocation Master, and their financial databases
Minimum of 2 years working in a professional team environment

Skills and Knowledge

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.
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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.

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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 phenome