• Open Investment Advisory Program accounts and work directly with clients, Financial Advisors and CNS Investment Operations to open, fund, and provide ongoing support and service. Ensure all CIP and KYCQ requirements are complete.
• Prepare all new account documents, account transfers (acats), DTC delivery of securities, money movements including cash disbursements and deposits, wires, IRA distributions, and contributions, and all regulatory correspondence. Review daily reporting (i.e., overdrafts, unvested cash, fee maintenance, etc.) and ensure reporting and coding updates when policy and procedures change.
• Prepare all required SEC 17AC3-4(books and records) documents, letters, and correspondence needed for Program accounts.
• Review and approve all periodic administrative reviews in the AAIR application. Review client investment objectives, current suitability on file and the Investment Policy statement to assist Financial Advisors to meet SEC requirements for annual investment reviews.
• Review daily overdraft and un-invested cash to assist with the tracking and supervision of the Program accounts.
• Provide back-up support for client inquiries when Financial Advisors are unavailable and where knowledge of asset allocations and strategies is needed.
• Develop/Maintain strong working knowledge of Wealth Station, SEI, CSS, Odyssey, myReferrals, myCNB, and other programs required for the day-to-day administration of client accounts.
• Interact with bank and CNS personnel as needed and keep Financial Advisors apprised of significant client issues and potential problems.
• Establish new accounts opened in CNS on the NFS platform, CDARS, and 529 Plans. Obtain all required CIP and KYCQ documentation for all accounts including personal, business (entity), fiduciary, and retirement accounts.
• Provide Sales and Administrative Support to Investment Officers and client requests across a broad range of brokerage activities for retirement and non-retirement accounts including establishing new accounts, processing account transfers, securities processing, restricted stock, securities settlement, cashiering, corporate reorganizations, dividends, margin, and tax inquiries.
• Provide supervisory level technical support for CNS brokerage clients related to the on-line portal application.
• Recommend securities or investment strategies for clients that are suitable based upon their objectives, risk tolerance, time horizon, financial status, and other investment needs in compliance with FINRA regulations and CNS policies and procedures.
• Comply with and conform to all compliance and regulatory requirements of all regulatory authorities and of City National Securities and the CNS Advisor Product
• Maintain a proactive commitment to established Bank programs, such as Customer First, Community Reinvestment Act (CRA), and Affirmative Action.
• Interact with bank and CNS personnel as needed and keep CNS registered representatives apprised of significant client issues and potential problems.

Must-Have*

• 5 or more years of Customer Service or Operational experience at a Broker Dealer
• 5 or more years of management and/or supervisory experience
• FINRA Series 7 and 63, and 65 or 66 and 24 strongly preferred, or ability to obtain within 12 months of start date

Skills and Knowledge

• Bachelors degree in Business, Finance, or related area or equivalent experience preferred.
• Knowledge of Equities, Mutual Funds, Fixed Income, Retirement Accounts, CDARS, 529 Plans, and CNS Advisory accounts including Single-Strategy and Multi-Strategy investment models.
• Thorough understanding of National Financial systems.
• Thorough understanding of systems required for the opening and maintenance of Advisory accounts such as SEI, CSS, M&I, Fasttax, OPR/IAV, Reports 2000, Advent, Estate Val and Infoshare.
• Maintain appropriate knowledge of other Bank products and services, particularly those of Wealth Management
• Maintain a strong working knowledge of current economic and market events and their impact on various investment vehicles.
• Excellent verbal and written communications skills, particularly on the telephone.
• Excellent interpersonal skills to interact effectively with all levels of business. Proactively develop self to continuously improve knowledge, skills and credentials and communicate development needs to CNS Managers.