Senior Product Manager - Wealth Management

City National Bank • Charlotte, NC

4d • Onsite

About The Position

Responsible for CNB's Wealth Management Product Management under the direction of the Wealth Management Product and Programs Strategy Manager. This individual will be responsible for 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 Private Bank Wealth Management product vision and oversee 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 – RBC Securities, CNB Trust, CNB Investment Management and RBC Rochdale.

Requirements

• Bachelor's Degree or equivalent
• 10 years of experience in Wealth Management (Private Bank and Trust Investment Management, brokerage and RIA/Asset Manager)
• 5+ years of product management, product development, strategic planning experience including client experience, go-to-market strategies, building sales and marketing systems
• Collaborate effectively with various internal stakeholders, including product managers, sales teams, compliance, legal, finance, marketing, and management, to ensure successful product management.
• Understands HNW/UHNW client needs and preferences and translates them into actionable product and program strategies.
• Effectively communicates complex information to diverse audiences, including executives, sales teams, and cross functional partners.
• Possesses strong analytical and critical thinking skills to identify opportunities and make data-driven decisions.
• In-depth knowledge of industry and competitor products/programs as well as industry practices and standards.
• Experience with research driven advisory platforms and investment products/ including alternative investments, SMAs, ETFs and mutual funds.
• Ability to effectively manage multiple competing high priority projects with varying deadlines.
• High degree of personal accountability and teamwork with the ability to effectively execute strategic initiatives with stated objectives.

Nice To Haves

• Master's degree preferred

Responsibilities

• Develops and implements comprehensive product and program strategies that align with the overall business objectives and client needs.
• Plays a key role in the development and launch of new wealth management products and services, ensuring they meet client needs and market demands per client segmentation guidelines.
• Effectively implement product and program strategies crucial for attracting and retaining clients to drive WM fee income.
• Analyzes the competitive landscape to identify best practices and opportunities for differentiation.
• Proactively identifies and implements process improvements to enhance efficiency and effectiveness.
• Tracks key performance indicators (KPIs) and analyzes data to identify areas for improvement and optimization and inform the product roadmap.
• Develop and deliver high-quality products and programs, wealth management firms can enhance the client experience and build stronger relationships.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior