Talent.com
City National Bank
Private BankerCity National Bank • Beverly Hills, California, United States
Private Banker

Private Banker

City National Bank • Beverly Hills, California, United States
30+ days ago
Salary
$127,626.00 yearly
Job type
  • Full-time
Job description
PRIVATE BANKERWHAT IS THE OPPORTUNITY?Develops and manages client relationships with high- net- worth and ultra-high-net-worth individuals and families within a specific market. Provide integrated financial services advice to these clients including: banking, credit, asset management, trust and estate planning, and brokerage. Manages overall relationship profitability and portfolio risk and is responsible for profitable growth of the portfolio. May serve as a segment or industry specialist acting as a technical consultant to clients and colleagues in various business segments and geographic locations. Must be in good standing under "The Secure and Fair Enforcement for Mortgage Licensing Act of 2008" (Safe Act) and must be registered/licensed with the "Nationwide Mortgage Licensing System and Registry"; or must be able to be registered under the Safe Act. Must remain in good standing under the Safe Act.WHAT WILL YOU DO?
  • Develop new relationships externally through referrals from clients and Center of Influences, personal community involvement, and from internal partners.
  • Profile across the full spectrum of the needs of PB target segments and provide tailored advice in collaboration with the client team. Utilize planning capabilities and develop solutions across investments, trust and wealth transfer, credit, deposit, and all other appropriate services.
  • Utilize, include, coordinate and lead CNB team to develop new business including leading pre-brief and de-brief meetings.
  • Identify additional opportunities from existing clients and leverage all resources and other colleagues to successfully become the client’s lead or sole provider.
  • Manage relationships by leading 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. Proactively communicate with clients about current conditions in the financial markets and necessary adjustments to their investment strategies and holdings consistent with CNB perspectives. Ensure full client team is coordinated on communication.
  • Analyze financial needs of clients and monitor their ongoing financial and personal circumstances to make adjustments or take action accordingly.
  • Ensure that relationship plans have been developed and are implemented.
  • Work with the Client Manager and rest of client team to ensure preparation of all presentation and review materials.
  • Ensure that client’s current goals, risk tolerance, and constraints are reflected in the IPS for managed investments.
  • Ensure that regular, tailored investment and relationships reviews occur between client team and client.
  • For those colleagues with FINRA Licenses, review asset management and CNS Brokerage statements with clients. Partner with City National Securities (CNS) Investment Officer (IO) to communicate with clients about current conditions in the financial markets, investment alternatives, asset allocation and review asset management and brokerage account statements with clients. Discuss changes to strategies with the CNS IO.
  • Keep current on client’s financial information while ensuring that clients understand the solutions being provided (including terms and conditions for any and all credit facilities).
  • Communicate in a timely and proactive manner with clients and with all risk areas, especially the Credit Team where there is a borrowing relationship.
  • Maintain all appropriate training and continuing
WHAT DO YOU NEED TO SUCCEED?Required Qualifications*
  • Bachelor's Degree or equivalent
  • Minimum 10 years of experience in one or more of the following: asset management, banking/credit, personal trust, and brokerage services.
  • Minimum 10 years of sales and relationship management experience in financial services preferably with high net worth clients.
  • Must be in good standing under “The Secure and Fair Enforcement for Mortgage Licensing Act of 2008” (Safe Act) and must be registered/licensed with the “Nationwide Mortgage Licensing System and Registry”; or must be able to be registered under the Safe Act.
Additional Qualifications
  • Strong understanding of all products and services applicable to high net worth clients.
  • Superior knowledge of credit policies and procedures, and bank operations policies and procedures.
  • Demonstrated sales and marketing abilities.
  • Strong interpersonal, verbal, and written communication skills
  • Initiates relationships with clients whose trust, investment, and lending needs require a consistently strong performer with in-depth product knowledge and excellent sales skills.
  • Contributes positive suggestions and demonstrates productive collaboration with Line of Business and product partners that lead to ongoing growth and development of PB and City National Bank.
  • May partner with another CA and manage a risk adjusted revenue book of up to $2million.
  • Usually possesses a BA or MBA and typically has 8 years of financial services experience.
  • May possess CFP, JD/LLM, CIMA or Cannon Certified Wealth Strategist designation.
  • FINRA Series 7 and 63, and 65 or 66 securities licenses and state insurance license preferred.

WHAT'S IN IT FOR YOU?CompensationStarting 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.
Benefits and PerksAt 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 USSince 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 EMPLOYMENTCity 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.
Create a job alert for this search

Private Banker • Beverly Hills, California, United States

Similar jobs

Investment Relationship Officer

City National BankLos Angeles, CA, United States
Full-time

Investment Relationship Officer.Assist Financial Advisors by providing day to day client support and operational service on all RBC Securities Investment Advisory Program and client-directed accoun... Show more

 • Promoted

Managing Director, Private Banker, Beverly Hills

CitigroupBeverly Hills, CA, United States
Full-time

Managing Director, Private Banker, Beverly Hills.Principal is an internally and externally recognized subject matter expert that influences the way things are done, not only internally, but beyond ... Show more

 • Promoted

Relationship Banker

Columbia Bank (WA, OR & ID)Palos Verdes Peninsula, CA, United States
Full-time

Financial Services AssociateEngage clients and prospects in client financial review(s) and business financial reviews to provide solutions and uncover additional financial needs.Make recommendation... Show more

 • Promoted

Associate Account Manager - Personal Lines

Marsh McLennanVan Nuys, CA, United States
Full-time

Momentous Insurance, A Marsh McLennan Agency provides commercial insurance, commercial entertainment, film and TV insurance, employee health & benefits insurance, and private client insurance solut... Show more

 • Promoted

Junior Escrow Officer

Farmers and Merchants Bank of Long BeachLong Beach, CA, United States
Full-time

The Junior Escrow Officer is responsible for supporting the Bank's escrow operations by administering escrow accounts and facilitating the timely and accurate completion of financial and real estat... Show more

 • Promoted

Negotiator, Strategy & Investment

Publicis Groupe Holdings B.VBurbank, CA, United States
Full-time

Job Title: Negotiator, Strategy And Investment.Zenith is a full-service media agency with capabilities and expertise across all channels and disciplines.Zenith is part of Publicis Media, the #1 med... Show more

 • Promoted

Portfolio Banker

GBC International BankLos Angeles, CA, United States
Full-time

Job SummaryThe Portfolio Banker is responsible to prepare the file for underwriting, documentation, and loan closing.A liaison person to coordinate internally and externally to ensure loans are boa... Show more

 • Promoted

ACCOUNT EXEC, SMB D2D SALES

Frontier CommunicationsLong Beach, CA, United States
Full-time

B2B Account Executive - Small and Medium Business Direct Sales.Verizon recently acquired Frontier and plans to transition non-union Frontier employees into Verizon compensation and benefits program... Show more

 • Promoted

Accountant

Infotree Global SolutionsBurbank, CA, United States
Full-time

Reconcile the general ledger daily by reviewing reports, posting entries, and obtaining and filing various daily financial reports.Assist in maintaining accurate daily balancing of General Ledger A... Show more

 • Promoted

Personal Banker

TradeJobsWorkforce90089 Los Angeles, CA, US
Full-time

Personal Bank job responsibilities: Provides exceptional customer service, involving receipt and payment ... Show more

 • Promoted

Investment Banking Manager

AccentureLos Angeles, CA, United States
Full-time

Accenture Consulting: Your Unique Place in our Global CollectiveBeing part of Accenture Consulting means becoming an expert at making the New happen Now.To us, the New is all about the wise pivot t... Show more

 • Promoted

Join Our Trading Team: Proprietary Traders Wanted for Immediate Hire

T3 Trading GroupLong Beach, CA, United States
Full-time

Entry Level Proprietary Trader Positions.NOW HIRING Proprietary Equity Traders Wanted.T3 Trading Group, LLC is a registered SEC Broker-Dealer & Member of FINRA SIPC.T3's office headquarters is loca... Show more

 • Promoted

Investment Banker

TradeJobsWorkForce90060 Los Angeles, CA, US
Full-time

Investment Banker Job Duties: Issues debt and sells equity to raise capital for clients.Conducts re... Show more

 • Promoted

Commercial Loan Officer

MRINetworkLong Beach, CA, United States
Full-time

Actively seeking an experienced commercial lender to join a team of successful professionals who will collectively develop creative financing solutions to resolve complex and often unique issues fo... Show more

 • Promoted

Financial Services Officer I

Logix Federal Credit UnionBurbank, CA, United States
Full-time

Financial Services Officer (Personal Banker/Loan Officer).If you love connecting with people and are ready to grow your career in a company that invests in your success, we'd love to meet you.Come ... Show more

 • Promoted

Loan Officer

Caliver Beach MortgageLong Beach, CA, United States
Full-time

Become Your Own Boss At Caliver Beach Mortgage.Do you have strong relationship building skills? Have you built your business largely on referrals? Are you an entrepreneur at heart? If so, then we h... Show more

 • Promoted

Private Mortgage Banker (SAFE)

Wells FargoEl Segundo, CA, United States
Full-time

Private Mortgage Banker (SAFE).Wells Fargo is seeking a Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending.Learn more about our career areas and lines of business at wellsfa... Show more

 • Promoted

Managing Director, Private Banker, Los Angeles

CitigroupLos Angeles, CA, United States
Full-time

Managing Director, Private Banker, Los Angeles.Principal is an internally and externally recognized subject matter expert that influences the way things are done, not only internally, but beyond th... Show more

 • Promoted

Senior Relationship Banker

Cathay General BancorpLos Angeles, CA, United States
Full-time

Bank Relationship BankerResponsible for primarily opening new accounts, cross-selling bank products/services, referring customers to other areas of the bank as appropriate, and resolving customer s... Show more

 • Promoted

Client Relationship Consultant 2 (Banker) - Toluca Lake, CA

U.S. BancorpNorth Hollywood, CA, United States
Full-time

Client Relationship Consultant.Client Relationship Consultants build relationships with customers, engaging them via multiple channels including in-person, by appointment, and virtually to provide ... Show more