Investment Operations Securities Specialist - City National Bank
Newark, DE
About the Job
INVST OPERATIONS SECURITIES SPECIALIST
WHAT IS THE OPPORTUNITY?
The Securities Specialist will support responsibilities assigned to the Wealth Management Operations team.
Banking and Investment Services Division
Banking and Investment Services plays an integral role in leading the strategic vision and execution of all banking operations. Our servicing and operations professionals partner closely with all of our lines of business to carry out critical functions, including client/deposit servicing, contact center operations, payments processing, and trade and lending operations, while identifying and mitigating risk throughout the organization. Servicing and operations professionals seek to transform and define an integrated support model through automation and cutting-edge digital technologies, to deliver an excellent experience for our clients and businesses.
What you will do
+ Acts as a liaison with third party custodians; resolves problems and discrepancies related to cash transactions, including but not limited to incoming and outgoing wire transfers.
+ Responsible for processing investment transactions and reconciling account information;
+ Reviewing system records and client agreements to ensure company standards and client eligibility are met;
+ Assigns account numbers and for archiving records in accordance with Retention Guidelines
+ Sorts and delivers incoming mail and checks to designated areas of WMS
+ Sorts and scans all applicable documentation into Filenet
+ Able to verify accuracy, manage risk, resolve issues using multiple resources, account records and online systems
+ Provides back-up for other numerous functions when required to.
Must-Have*
+ Bachelor's degree or equivalent experience
+ Minimum 4 years of securities experience, preferably in trust securities.
+ Minimum 4 years of experience with procedures, practices and regulations governing trust-securities operations
Skills and Knowledge
+ Ability to perform research and analysis of data related interest/dividend
+ Ability to deal with Investment Managers and brokers in difficult situations.
+ Ability to interpret documentation
+ Thorough understanding of and experience, using procedures, practices and regulations governing trust-securities operations.
+ Computer systems experience preferred.
+ Excellent verbal/written communication skills.
+ Extreme flexibility, ability to handle a large volume of work which includes multiple tasks while maintaining accuracy.
Compensation
Starting base salary: $24.46 - $36.69 per hour. Exact compensation may vary based on skills, experience, and location.
*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 (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
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.
#CA-DN1
WHAT IS THE OPPORTUNITY?
The Securities Specialist will support responsibilities assigned to the Wealth Management Operations team.
Banking and Investment Services Division
Banking and Investment Services plays an integral role in leading the strategic vision and execution of all banking operations. Our servicing and operations professionals partner closely with all of our lines of business to carry out critical functions, including client/deposit servicing, contact center operations, payments processing, and trade and lending operations, while identifying and mitigating risk throughout the organization. Servicing and operations professionals seek to transform and define an integrated support model through automation and cutting-edge digital technologies, to deliver an excellent experience for our clients and businesses.
What you will do
+ Acts as a liaison with third party custodians; resolves problems and discrepancies related to cash transactions, including but not limited to incoming and outgoing wire transfers.
+ Responsible for processing investment transactions and reconciling account information;
+ Reviewing system records and client agreements to ensure company standards and client eligibility are met;
+ Assigns account numbers and for archiving records in accordance with Retention Guidelines
+ Sorts and delivers incoming mail and checks to designated areas of WMS
+ Sorts and scans all applicable documentation into Filenet
+ Able to verify accuracy, manage risk, resolve issues using multiple resources, account records and online systems
+ Provides back-up for other numerous functions when required to.
Must-Have*
+ Bachelor's degree or equivalent experience
+ Minimum 4 years of securities experience, preferably in trust securities.
+ Minimum 4 years of experience with procedures, practices and regulations governing trust-securities operations
Skills and Knowledge
+ Ability to perform research and analysis of data related interest/dividend
+ Ability to deal with Investment Managers and brokers in difficult situations.
+ Ability to interpret documentation
+ Thorough understanding of and experience, using procedures, practices and regulations governing trust-securities operations.
+ Computer systems experience preferred.
+ Excellent verbal/written communication skills.
+ Extreme flexibility, ability to handle a large volume of work which includes multiple tasks while maintaining accuracy.
Compensation
Starting base salary: $24.46 - $36.69 per hour. Exact compensation may vary based on skills, experience, and location.
*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 (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .
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.
#CA-DN1
Source : City National Bank