Senior Product Manager - Wealth Management

SENIOR PRODUCT MANAGER - WEALTH MANAGEMENT WHAT IS THE OPPORTUNITY? Responsible for CNB's Wealth Management Product Management under the direction of the Wealth Management Product and Programs Strategy Manager. This individual will be responsible for 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 Private Bank Wealth Management product vision and oversee 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 – RBC Securities, CNB Trust, CNB Investment Management and RBC Rochdale. WHAT WILL YOU DO? 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 per client segmentation guidelines. 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 and inform the product roadmap Enhance Client Experience: Develop and deliver high-quality products and programs, wealth management firms can enhance the client experience and build stronger relationships WHAT DO YOU NEED TO SUCCEED? Required Qualifications* Bachelor's Degree or equivalent 10 years of experience in Wealth Management (Private Bank and Trust Investment Management, brokerage and RIA/Asset Manager) 5+ years of product management, product development, strategic planningexperience including client experience, go-to-market strategies, building sales and marketing systems Additional Qualifications Master's degree preferred Partnering with stakeholders: Collaborate effectively with various internal stakeholders, including product managers, sales teams, compliance, legal, finance, marketing, and management, to ensure successful product management. Client Focus: Understands HNW/UHNW 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 cross functional partners. Analytical and Critical Thinking: Possesses strong analytical and critical thinking skills to identify opportunities and make data-driven decisions. In- depth knowledge of industry and competitor products/programs as well as industry practices and standards Experience with research driven advisory platforms and investment products/ including alternative investments, SMAs, ETFs and mutual funds. Ability to effectively manage multiple competing high priority projects with varying deadlines High degree of personal accountability and teamwork with the ability to effectively execute strategic initiatives with stated objectives WHAT'S IN IT FOR YOU? Compensation Starting base salary: $122,535 - $208,715 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions. 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 including: 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 Get a more detailed look at our Benefits and Perks. ABOUT US Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us. 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. careers.cnb.com accepts applications on an ongoing basis, until filled. Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job. #LI-MA #CA-MA