12 Manager Compliance Investment Risk Jobs in New York, NY
SORT BY
P
S
B
C
B
P
B
W
I
B
B
B
Manager Compliance Investment Risk
$133k-179k (estimate)
Full Time | Banking
2 Months Ago
City National Bank is Hiring a Manager Compliance Investment Risk Near New York, NY
MANAGER COMPLIANCE INVESTMENT RISK
WHAT IS THE OPPORTUNITY?
The Risk SVP will serve as the head of the Investment Risk function for City National Bank. The Risk SVP will develop, monitor and test the first line of defense's performance systems, quantitative analysis, and investment recommendations. The Risk SVP will be responsible for investment risk governance at all levels of CNB. This position is also responsible for 2LOD oversight and monitoring of CNB's 1LOD obligations, and will develop and implement an appropriate governance and monitoring program for the 1LOD as well as any functions that are housed in centralized compliance functions within the Bank or affiliates.Responsible for all aspects of Investment Risk within the Second Line of Defense. This includes staffing, budgeting, strategic planning, and providing guidance on operational issues. Participating member of investment management related committees, including the investment committee, best execution, liquidity, fair value, and conflicts committee. Provides reporting and credible challenge to committees as appropriate, including to the CNB Board.
Compliance Risk Management Division
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Compliance Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
This is a great opportunity to grow your career with a stable and expanding organization as a member of City National's Compliance Risk Management team. The focus is on ensuring business activities remain safe, compliant and well-positioned for future opportunity and sustainable growth.
What you will do
- Provide professional guidance and credible challenge in senior management committees
- Assess and monitor investment practices such as:
- Appropriate mix of assets and investments that are consistent with client objectives
- Asset allocation
- Analysis of alternative investment and risk scenarios
- Trade implementation and strategic rebalancing
- Management of cash flow, reinvestment and liquidity requirements
- Implement consistent metrics and risk management practices for the trading book and fiduciary managed accounts, with focuses on stress testing, internal risk, Volcker rule, and challenge of approved/watch lists of investments.
- Analyze current investment risk functions and suggest enhancements and standardization, where appropriate.
- Identify and recommend necessary changes to business unit procedures to address gaps or improve adherence to regulatory and firm requirements
- Draft and revise policies based upon regulatory updates and industry best practices.
- Monitor complaints, issues, new products and services for impact on investment risk.
- Manage investment risk analysts.
Must-Have*
- Master's Degree or CFA
- Minimum 10 years of relevant work experience with investment risk, preferably in a Bank fiduciary environment.
- Minimum 5 years senior experience with governance committees and structure.
Skills and Knowledge
- In-depth knowledge of OCC rules, exam priorities, and enforcement trends
- Strong coding skills with coding ability preferred
- Excellent verbal and written communication skills, including presentations for senior executives and boards
- Strong abilities in analytical thinking, problem solving, research, and time management
- Must have excellent verbal communication and people skills
- Successful candidates will be comfortable managing teams in a remote work environment that crosses time zones.
- Knowledge of vendor systems such as Bloomberg, YieldBook, or MorningStar
- Quantitative modeling expertise in Fixed Income Analytics, Monte-Carlo Simulation, Term Structure Models, Interest Rate Models, Option Pricing Models (Binomial Trees, Black-Scholes, Greeks etc.), Time Series, Relative Value, Numerical Methods, etc
Compensation
Starting base salary: $195,995 - $364,003 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*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.
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.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
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.'
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 be at the heart of our company today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.
Job Summary
JOB TYPE
Full Time
INDUSTRY
Banking
SALARY
$133k-179k (estimate)
POST DATE
02/29/2024
EXPIRATION DATE
02/26/2025
WEBSITE
cnb.com
HEADQUARTERS
LOS ANGELES, CA
SIZE
3,000 - 7,500
FOUNDED
1968
CEO
KELLY COFFEY
REVENUE
$1B - $3B
INDUSTRY
Banking
Related Companies
About City National Bank
With $70.3 billion in assets, City National Bank provides banking, investment and trust services through locations in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis, Washington, D.C. and Miami*. In addition, the company and its investment affiliates manage or administer $81.3 billion in client investment assets. City National is a subsidiary of Royal Bank of Canada (RBC), one of North Americas leading diversified financial services companies. RBC serves more than 17 million personal, business, public sector and institutional clients thro...ugh offices in Canada, the United States and 34 other countries. For more information about City National, visit the companys website at cnb.com. *City National Bank does business in Miami and the state of Florida as CN Bank. Copyright 2021 City National Bank, CNB Member FDIC | All Rights Reserved Equal Housing Lender | NMLSR ID# 536994
More
Show less
Show more
Show more
Similar Jobs
Popular Articles
Top 10 Things to Avoid Putting on a Job Application
Read Article
How to Describe Your Education in a Resume
Read Article
How to Write a Memorable Cover Letter in 5 Ways
Read Article
4 Personal Finance Tips to Make During Job Transition
Read Article
4 Best Camera Setups for Interview
Read Article
Keeping a Job Search Journal: 9 Types of Journaling You Can Do
Read Article
