Private Banking Officer II

PRIVATE BANKING OFFICER II

WHAT IS THE OPPORTUNITY?

Provides day-to-day servicing for Private Banking clients, relieving Client Managers and/or Private Bankers from performing account specific operational responsibility. Resolves client inquiries/complaints and identifies cross-selI opportunities by assessing deposit portfolio and client needs. Works directly with clients in all areas of deposit operations (e.g., wires, new deposit accounts, checking and savings account activity, CDs, loan payments and advances, etc.). Provides clients with accurate, timely and extensive information to ensure quality service and client retention. Oversees the risk associated with the operational aspects of client servicing and transaction processing for the portfolio supported.

WHAT WILL YOU DO?

Risk Management/Compliance Within authority, perform deposit operations‑related activities within the department. Review and process deposits. Approve checks for cashing. Process deposit fee reversals. Maintain up-to-date knowledge of account activity by reviewing various reports and systems. Identify potential problems and take appropriate action necessary to avoid financial loss to the Bank. Facilitate new deposit account and small business consumer lending requests by providing disclosures, gathering documents and initiates ongoing communication with the client. Complete KYCs for new clients/entities/loans. Follow up with client for missing documentation on DARS report. Respond timely and accurately to inquiries from the Bank’s Financial Intelligence Unit (KYC/AML) and/or other Support Unit’s regarding client transactions and account activity. Comply with all Bank policies and procedures and ensure adherence to the Bank’s regulatory requirements. Client Services Act as primary liaison between the client and all areas of the bank. Perform follow up with all client requests to ensure completion and satisfaction. Resolve client inquiries and complaints and take appropriate action to prevent future problems. Contact clients regarding overdrafts (or other related problems) and perform follow‑up necessary to resolve situation. Determine appropriate method of approach. Cross Sell Analyze client needs in order to cross‑sell a wide variety of Bank services. Introduce clients to appropriate area within the Bank such as Wealth Management, International, Treasury Management, or to a Private Banker. Maintain complete knowledge of all bank products and services. Participate in cross sell activities independently or with the Private Banker, as appropriate. Channel referrals/warm leads from existing clients to the Private Banker or Private Banker Manager.

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications* Bachelor's Degree or equivalent Minimum 7 years of experience in client service, banking operations or Private Banking relationship management support required. Minimum 5 years of experience in a banking or financial services environment required Minimum 5 years of experience with bank products and services (e.g. deposits, cash management, international, etc.) required. Additional Qualifications Bachelor's Degree preferred. Strong risk management and operations knowledge. Strong interpersonal, verbal and written communication skills in order to effectively interact with clients and bank colleagues at all levels. Solid knowledge of all phases of operations (e.g., installment loans, new accounts, loan payments, statement handling, wires). Excellent analytical skills. Strong Microsoft Office Suite skills (e.g., Word, Excel, Outlook). Achieve digital mastery; demonstrates capabilities to adapt learn, and utilize evolving automation and technology to perform the job.

WHAT'S IN IT FOR YOU?

Compensation Starting base salary: $65,296 - $104,304 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. Benefits and Perks 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

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. Applications are accepted on an ongoing basis until the position is filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job. #J-18808-Ljbffr City National Bank