Investment Service Associate II Job Listing at City National Bank in Newark, DE (Job ID 88099)

Description

If you are hired to this position, you will be employed by Magnit Global. You will not be employed by City National Bank.

The Responsibilities

• Work with Investment Services Managers in the managing of the overall relationship of assigned managed agency accounts.
• Represent Wealth Management in various business activities and maintains contacts with clients, administrators, trustees, co-trustees, beneficiaries, attorneys, and others regarding accounts.
• Work closely with portfolio managers, advisors, and others in providing high quality service and ensures compliance with all statutory requirements.
• Process fund transfers, wires, checks, transfers to and from accounts and ACH. Administration of IRAs.
• Prepare client portfolio review books for Advisors.
• Process of client account maintenance requests. Ad hoc requests (i.e. requests for statements, 1099's, copy of trade confirmations, etc.).
• Assist Investment Services Managers with the annual confirmation of investment objectives.
• Assist Investment Services Managers with various compliance reports such as anticipated fees, investment change verification, zero balance accounts, accounts not scheduled for events, etc.
• Prepare custom client reporting.
• Maintain all appropriate training and continuing education requirements for both internal programs and external licenses and certifications.
• Comply with the regulatory requirements as well external and internal auditors and the WMS Compliance Officer.
• Assure that trust policies and procedures coincide with division and bank objectives

The Qualifications

• FINRA Series 7
• 3 years of experience in an investment management or trust environment
• 2 years of experience in a financial services organization
• 2 years of experience with Microsoft Office (Word, Excel, PowerPoint, Outlook) Skills and Knowledge
• Excellent organizational and problem-solving skills
• FINRA Series 66 preferred
• Experience with SEI's Trust 3000 Trust Accounting System or Wealthscape preferred
• Proficient with Microsoft Office (Word, Excel, PowerPoint, Outlook)
• Excellent verbal and written communication skills
• Bachelor's degree in Business, Finance or related area preferred, or equivalent 1 to 3 years work experience

This is the pay range that Magnit reasonably expects to pay for this position: $32.18/hour - $34.50/hour

Benefits: Medical, Dental, Vision, 401K