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Company: City National Bank
Location: New York, NY
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

BUSINESS AFFAIRS MANAGER

WHAT IS THE OPPORTUNITY?
This position is a multi-faceted role that will work directly with the CNR Director of Business Affairs to support various activities across the wealth management business, including client service and operations, portfolio management, sales and research. Collaborates with CNR's senior management team to develop cross functional expertise and provide ongoing analytical, communications, and leadership support.

WHAT WILL YOU DO?


* Act as the 1LOD business teams' liaison for all CNR risk management, compliance activities, legal engagement, internal or external audits, and regulatory responses .
* Contribute to and be responsible for the development and implementation of new programs/strategies, implementation of new regulations, rules, and risk management requirements.
* At the direction of CNR Director of Business Affairs, assist in the operations of the affiliated family of mutual funds, closed end funds and private funds, including managing all services provider relationships (Fund Admin, Fund Accounting, Custody, Accountants, Attorneys, Insurance providers', etc.) and legal, regulatory and compliance requirements.
* Analyze and evaluate data that effects the technical, operational, and business functions and provide insight to the practical impacts/implications to the business line.
* At the direction of the Director of Business Affairs, act as an intermediary/point person for CNR Management Team and various internal third parties as the need may arise. Generally, this occurs in the context of larger strategic initiatives implemented by CNR parent companies.
* Act as a liaison representing CNR at both internal and external meetings; establishing and cultivating strong working relationships with all stakeholders. Attend meetings with and/or in place of Director of Business Affairs; provides feedback and escalate decision making when necessary.
* Provide advice and recommendations on operational issues, escalating decisions with significant impact after careful consideration and development of a proposal or potential plan. Work closely with Director, Business Affairs on initiatives and aid in evolving them such that they become business-as-usual, ultimately distributed to appropriate long-term owners.
* Build and sustain effective relationships and alliances both internally and across all lines of business and staff areas to help deliver results and to ensure opportunities are identified, analyzed and managed appropriately. Understand interdependencies to achieve success.
* Partner with team members to contribute concise communication materials for senior management. Develop presentations for internal and external meeting that are compelling, concise, and graphical to convey message.
* Contribute to and potentially run special projects as necessary.

Must-Have*


* Bachelor's Degree or equivalent
* 7 years managing projects
* 7 years within or related to financial services

Skills and Knowledge


* MBA, JD, or other advanced degree (e.g., JD, MBA, Masters, etc.) preferred
* 7-10 years of experience managing projects
* 7-10 years in a role requiring complex problem solving
* Investment Management experience preferred
* Experience with mutual funds, closed end funds and private funds preferred
* Strong interpersonal and influencing skills - and ability to interact with colleagues at all levels in a peer-like way, and achieve goals without direct control over resources
* Strong emerging end-to-end generalist problem solving skills, e.g.,
* Defining and deconstructing problems
* Prioritizing issues and analysis
* Structuring and building quantitative and qualitative/conceptual analyses
* Knowledge in Financial Services, Project Management
* Demonstrated ability to Influence change, build relationships, communicate effectively, work under pressure, manage multiple priorities and deliver high caliber results.
* Proficiency with MS Excel and PowerPoint
* Excellent time management, organizational, and prioritization skills and ability to balance multiple priorities.
* Diverse problem solving experience
* An outstanding ability to analyze problems, apply quantitative analytical approaches, communicate effectively and confidently (both oral and written), work well in cross-functional teams
* Quick learning ability, outstanding analytical skills and a structured way of thinking, your attention to details is exceptional
* Operate well under stress, even faced with tight timelines for ambitious deliverables Significant experience in driving operational change with front line to senior leadership personnel
* Excellent relationship and stakeholder management skills
* Be able to handle uncertainty well, and are able to simplify complexity

Compensation Starting 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.
*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. ABOUT CITY NATIONAL
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assets. City National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves.

*City National Bank does business in Miami and the state of Florida as CN Bank.

For more information about City National, visit cnb.com. EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION
City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouraged. 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 the laws or regulations in the locations where we operate or in our Code of Conduct. READ MORE

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment process. Please contact us via email or leave a message at (213) 673-9139. These contact methods are dedicated to applicants whose disability prevents them from successfully applying online. Only messages left for this purpose will be returned. Responses may take up to two business days.


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