Wealth Management Product and Program Strategy Mgr

City National Bank • Los Angeles, CA

18d

About The Position

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.

Requirements

• 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.

Nice To Haves

• 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

Responsibilities

• 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

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: Manager