Address
Form of workCOMPLIANCE SPECIALIST SENIOR WM
WHAT IS THE OPPORTUNITY?
The Compliance Specialist establishes and implements an effective compliance program to ensure regulatory compliance for Wealth Management products. Responsible for monitoring, discovering, interpreting, enhancing, updating, developing, tracking and implementing pertinent and effective compliance policies and procedures related to operations initiatives within the internal and external compliance environment.
Compliance Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Compliance Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
What you will do
Must-Have*
Skills and Knowledge
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.
*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.'
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 be at the heart of our company today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.
#LI-JR1
#CR-JR
WHAT IS THE OPPORTUNITY?
The Compliance Specialist establishes and implements an effective compliance program to ensure regulatory compliance for Wealth Management products. Responsible for monitoring, discovering, interpreting, enhancing, updating, developing, tracking and implementing pertinent and effective compliance policies and procedures related to operations initiatives within the internal and external compliance environment.
Compliance Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Compliance Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
What you will do
- Monitors, analyzes and escalates issues and concerns related to client activity with an emphasis on Volcker issues identification utilizing sound and current compliance industry standards and practices for Volckerprogram foundations.
- Functions as an internal consultant to colleagues throughout City National Bank (CNB) related to operational compliance issues and concerns, utilizing their internal and external organizational agility to ascertain and deliver sound interpretation and advice.
- Works within the framework of the established CNB WM Compliance Testing Program. Acts as tracking and reporting agent for the Program to include results, in progress, future scheduling and open items. This responsibility would include performing their own assigned testing as well as Continuing Education tracking of WM as a whole.
- Functions as a conduit for identifying and recommending improvements to existing internal operational compliance policy and procedure while recognizing opportunities for enhancement within the full scope of CNB's compliance foundation.
Must-Have*
- Bachelor's Degree or equivalent experience
- Minimum 5 years of experience with bank operations and/or compliance operations
- Minimum 5 years of experience with risk management and/or Compliance policies and procedures
Skills and Knowledge
- A FINRA Series 7 and/or 24 is highly desirable
- Knowledge of 12 CFR 9 and Delaware Title 12 is a highly desirable
- Demonstrated comprehensive knowledge of bank policies, procedures and risk management.
- Thorough understanding of applicable laws and banking regulations required.
- Proven leadership skills mixed with a propensity towards strong organization and time management skills required.
- Must possess the ability to recognize and communicate enhancement opportunities along with developing creative and sound solutions within assigned duties.
- Excellent oral and written communication skills with all levels of management required.
- Computer proficiency in Microsoft applications of Outlook, Word, Excel, PowerPoint, Access and Project required.
- Experience communicating and interacting with regulatory agencies, including exam management and other regulatory affairs.
- For Banking Compliance related roles, Certified Compliance Risk Manager (CRCM).
- For Wealth Management Compliance roles, experience with a financial institution such as a broker/dealer and/or registered investment adviser.
- For Wealth Management Compliance roles, experience working within a Compliance Investment Management role.
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.
*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.'
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 be at the heart of our company today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.
#LI-JR1
#CR-JR
