City National Bank ยท 1 day ago
Business Development Specialist
New York, NY
Full-time
Onsite
Mid Level
$72K/yr - $115K/yr
3+ years expCity National Bank is a subsidiary of Royal Bank of Canada, focused on providing financial services. The Business Development Specialist will support Senior Investment Consultants by identifying qualified financial advisors and assisting in developing a network of prospects to enhance business opportunities.
BankingFinanceFinancial Services
Responsibilities
Proactive efforts to establish contact with targeted FAs and CPAs to use RBC Rochdale's High Net Worth services using all means of communications, including phone, attendance at meetings and seminars, and responding to incoming inquiries
Interact with Bank Colleagues and make on going calls to introduce banking services to FA's and CPA's
Collect and organize incoming client investment statements as submitted by independent FA
Determine the appropriate portfolio structure to be applied to a specific client circumstance
Develop persuasive marketing materials and present with the SIC to the FAs and CPAs motivating them to meet with RBC Rochdale's investment management team and learn about our services
Communicate with FA to determine investment objective of client
Review analysis and proposals with FA's over the phone and in person
Initiate the proposal process by performing analysis to determine the appropriate structure of the proposal including tax considerations, asset allocation, income needed and risk tolerance
Review draft proposal with FA prior to presentation by SIC
Assist in the transition of new client assets from SIC to PM team including reviewing the client accepted proposal with the PM team
Attend PM strategy meetings and provide input on marketing and sales objectives
Qualification
Required
Bachelor's Degree or equivalent
3 to 5 years of experience in investment sales and/ or internal sales support
3 to 5 years of experience using basic software programs like Word, Excel, Power Point, etc
Preferred
Completion of or pursuit of CFA designation, MBA or both
FINRA Series 7: General Securities Rep
Excellent knowledge in the following areas: asset management, banking/credit, personal trust, and brokerage services
Excellent analytical and financial analysis skills
Strong computer skills with knowledge in basic software programs like Word, Excel, Power Point, etc
Strong interpersonal, verbal and written communication skills
Demonstrated sales skills
Benefits
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
Company
City National Bank
City National Bank offers a full complement of banking, trust and investment services. It is a sub-organization of City National.
1001-5000 employees
H1B Sponsorship
City National Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (76)
2024 (78)
2023 (145)
2022 (93)
2021 (107)
2020 (62)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Howard Hammond
CEO City National Bank
Fiyaz Khan
Senior Vice President, Structured Products
Recent News
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