Wealth Management Product and Program Strategy Mgr

Job description

WEALTH MANAGEMENT PRODUCT AND PROGRAM STRATEGY MGR

WHAT IS THE OPPORTUNITY?
Responsible for CNB's Wealth Management Product and Program Strategy.

This individual will be responsible for developing and executing strategies for wealth management products and programs, aligning with client needs and market trends, while ensuring competitive advantage and driving business growth.

Will support the product vision and oversee the development, enhancement, and management of the CNB Wealth Management Products, Solutions and Programs.

This role will be part of CNB's Private Banking and Wealth Management team, and responsibilities will span across all Wealth businesses - City National Securities, Trust, CNB Wealth Management and City National Rochdale.

WHAT WILL YOU DO?

• Strategic Planning and Execution: Develops and implements comprehensive product and program strategies that align with the overall business objectives and client needs.


• Product Development and Innovation: Plays a key role in the development and launch of new wealth management products and services, ensuring they meet client needs and market demands.


• Drive WM Fee Income Revenue: Effectively implement product and program strategies crucial for attracting and retaining clients to drive WM fee income


• Competitive Analysis: Analyzes the competitive landscape to identify best practices and opportunities for differentiation


• Process Improvement: Proactively identifies and implements process improvements to enhance efficiency and effectiveness


• Performance Monitoring and Optimization: Tracks key performance indicators (KPIs) and analyzes data to identify areas for improvement and optimization.


• Enhance Client Experience: Develop and deliver high-quality products and services, wealth management firms can enhance the client experience and build stronger relationships

WHAT DO YOU NEED TO SUCCEED
Required Qualifications*

• Bachelor's Degree or equivalent


• 15 years of experience in Wealth Management


• 15 years of experience in banking or management consulting with a strong focus on strategy and transformation.


• 15 years of management experience including business development, marketing, client experience, go-to-market strategies, building sales and marketing systems and client relationships.

Additional Qualifications

• Master's preferred


• Stakeholder Management: Collaborate effectively with various internal stakeholders, including product managers, sales teams, and senior leadership, to ensure successful product execution.


• Client Focus: Understands client needs and preferences and translates them into actionable product and program strategies.


• Communication and Presentation: Effectively communicates complex information to diverse audiences, including executives, sales teams, and clients.


• Analytical and Critical Thinking: Possesses strong analytical and critical thinking skills to identify opportunities and make data-driven decisions.


• Experience in implementing large-scale/complex Projects


• Experience with implementing platforms to create an engaging client experience across all channels (e.g. digital etc)


• Ability to effectively manage multiple competing high priority projects with varying deadlines


• Ability to effectively lead and motivate teams to execute strategic initiatives

WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $141,830 - $263,408 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.

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.

Required Skill Profession

Business Operations Specialists