Production Reporting Specialist
PRODUCTION REPORTING SPECIALIST
WHAT IS THE OPPORTUNITY?
This job focuses on the Wealth Management production activities by the various lines of business particularly Private Banking, Personal and Business Banking, Entertainment, Commercial Banking, and City National Rochdale. This role gathers and reports the results of the new and closed activities on a monthly basis. This role also includes reporting production of Wealth Advisors to Human Resources for payment of quarterly incentives.
Finance Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Finance team. This group records, analyzes, reports and optimizes to maintain the bank's financial health, while following principles and legislation to ensure we're doing what's right.
WHAT WILL YOU DO?
- Gathers data on new and closed accounts and inputs results into the Wealth Management Production reporting system and Excel as appropriate.
- Reports data to various Lines of Business ("LOB's") in the Bank and provides follow up to all corresponding parties on a monthly basis.
- Provides reports to Human Resources outlining the quarterly incentive payouts for the Bank's Wealth Advisor's.
- Assigns proper credit to a LOB where both lines want credit. Follow-ups with respective person(s) are needed to gather facts and for all parties to agree on final assignment of credit. Decide if internal transfers of asset constitute new or lost fees. Determine who initiated a sale and assign credit accordingly.
- Generates summary reports for use by other bank areas.
WHAT DO YOU NEED TO SUCCEED
Must-Have*
- H.S. Diploma
- Minimum 3 years of banking experience
- Minimum 3 years of experience in Wealth Management or Brokerage Specialty
Skills and Knowledge
- Ability to accurately, thoroughly and efficiently handle/analyze data; organize analyzed data into simple, complete and concise presentation formats; envision the global issue, separate symptoms from causes, research thoroughly; weigh costs/benefits and derive sound conclusions.
- Ability to prioritize tasks and handle multiple projects at the same time, working under tight deadlines.
- Effective verbal/written communication skills to interact with all levels of Bank personnel and strong analytical skills required.
- Applies basic skills and procedures appropriate for the position.
- Resolves routine questions and problems and refers more complex issues to higher levels.
- Follows standard procedures to accomplish assigned tasks.
*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.
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 drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.
City National Bank requires all colleagues to be fully vaccinated against COVID-19 to work on-site at any of our locations.
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