Wealth Management Technology Operations Leader - City National Bank
Jersey City, NJ 07302
About the Job
TECHNOLOGY & WEALTH MANAGEMENT (WM) OPERATIONS LEADER WHAT IS THE OPPORTUNITY? The ideal candidate for the Technology and WM Operations Leader role will be a seasoned technology professional with a deep understanding of both technology operations and the intricacies of wealth management
We are seeking dynamic leaders with a blend of technology expertise and domain knowledge to lead our organization
Ideal candidates will possess extensive experience in Wealth-Tech coupled with a deep understanding of the financial services industry
They will demonstrate proficiency in leading teams (including partners teams), driving innovation, and aligning technology initiatives with strategic business objectives
Our ideal candidates will bring strategic vision, technical acumen, and a passion for excellence to their roles
They will possess strong leadership abilities, strategic thinking skills, and effective communication skills to collaborate with stakeholders and drive transformative change within our organization
Moreover, we are seeking individuals who can effectively drive change based on the value and outcomes they deliver, ensuring transparency and accountability throughout the organization
What you will do Directs, manages, and maintains data processing and systems, ensuring work quality and output accuracy; oversees system projects to achieve target dates, quality, and budget goals
Ensures all assigned system tasks are completed within set deadlines and budgets, ensuring work quality, system maintainability, and comprehensive business functionality understanding
Collects system requirements, techniques, and controls from relevant departments to identify issues and provide efficient, cost-effective solutions
Leads and manages staff, addressing inquiries and directing project management to fulfill project objectives
Applies IS project methodology standards, overseeing the process to secure project success
Undertakes special projects at senior management's request, ensuring compliance with Bank security, quality standards, and objectives; reports project progress to senior management
Contributes to Information Systems strategic planning, ensuring alignment with business and technical teams for all bank projects
Collaborates with other IS managers to coordinate system activities
Engages in vendor assessments, endorses and evaluates functional and overall system designs, and technical planning to enhance system productivity and efficiency
Organizes, develops, and manages assigned organizational and budgetary functions
Represents the Bank in external civic and community events, professional organizations, and industry activities
Builds and sustains excellent colleague relationships to integrate processes and achieve expected customer service standards
Facilitates the creation and implementation of strategies to enhance operational effectiveness and customer satisfaction
Must-Have* Bachelor's Degree or equivalent Minimum 3 years management experience Minimum 3 years of experience in Information Services/Technology Skills and Knowledge Extensive Experience: Minimum of 10+ years of relevant experience in the financial services industry, with a focus on technology leadership and domain expertise in areas such as wealth management
Technology Expertise: Proficiency in relevant technology domains, including apps management, cloud technologies, data engineering, analytics, fintech solutions, and great to have emerging technologies experience such as AI, machine learning, blockchain, and virtual reality
Domain Knowledge: Deep understanding of the specific domains within the financial services industry, including wealth management, securities trading, trust solutions, data management, and private banking
Familiarity with industry-specific regulations, compliance standards, and market trends is essential
Leadership Abilities: Demonstrated leadership abilities, with experience in leading cross-functional teams, driving innovation, and fostering a culture of excellence and collaboration
Proven track record of strategic thinking, resource optimization, and delivering impactful results
Communication Skills: Excellent communication and interpersonal skills, with the ability to effectively articulate complex technical concepts to both technical and non-technical stakeholders
Strong presentation skills and the ability to build strong relationships with clients, business partners, and internal stakeholders
Strategic Vision: Strategic thinker with the ability to anticipate market trends, identify opportunities for innovation, and develop technology strategies that align with business goals
Experience in driving transformative change based on value and outcomes, ensuring transparency and accountability throughout the organization
Education: Bachelor's or master's degree in computer science, information technology, finance, business administration, or a related field
Additional certifications or specialized training in relevant technology domains and financial services industry would be advantageous
Track Record of Success: Proven track record of success in previous leadership roles, with tangible achievements in driving technology initiatives, delivering business value, and enhancing client satisfaction within the financial services industry
Adaptability and Resilience: Ability to thrive in a fast-paced, dynamic environment, with the flexibility to adapt to changing priorities and emerging technologies
Resilience in overcoming challenges and navigating complex organizational landscapes is essential
Continuous Learning: Commitment to continuous learning and professional development, staying abreast of industry trends, technological advancements, and best practices in the financial services and technology sectors
Proficiency in Wealth Ops IT Platform management, including custodian, administration, integration architecture, and data operations
Experience with cloud technologies (e.g., AWS, Azure, Google Cloud) and implementing scalable solutions in a hybrid cloud environment
Familiarity with cybersecurity best practices and regulatory compliance requirements in the financial industry
Domain Expertise: Comprehensive knowledge of wealth management operations, including account management, portfolio management, trade processing, and client reporting
Understanding of regulatory requirements and compliance standards specific to wealth management and financial advisory services
Familiarity with industry-specific software and tools used in wealth management operations, such as portfolio management systems and trading platforms
Leadership and Operational Skills: Strong leadership abilities, capable of leading a team of technology professionals and fostering a culture of excellence, collaboration, and continuous improvement
Proven ability to identify operational inefficiencies and implement strategic solutions to optimize technology operations and enhance client service delivery
Excellent problem-solving skills, with the ability to troubleshoot complex technical issues and resolve them in a timely manner
Effective communication skills, capable of articulating technical concepts to both technical and non-technical stakeholders and building strong relationships across the organization
The ideal candidate will bring a blend of technology expertise and domain knowledge to the role, ensuring they can effectively manage technology operations within the unique context of wealth management
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
*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
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.' 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 drive phenomenal growth today
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies
#CA-AP #LI-AP
We are seeking dynamic leaders with a blend of technology expertise and domain knowledge to lead our organization
Ideal candidates will possess extensive experience in Wealth-Tech coupled with a deep understanding of the financial services industry
They will demonstrate proficiency in leading teams (including partners teams), driving innovation, and aligning technology initiatives with strategic business objectives
Our ideal candidates will bring strategic vision, technical acumen, and a passion for excellence to their roles
They will possess strong leadership abilities, strategic thinking skills, and effective communication skills to collaborate with stakeholders and drive transformative change within our organization
Moreover, we are seeking individuals who can effectively drive change based on the value and outcomes they deliver, ensuring transparency and accountability throughout the organization
What you will do Directs, manages, and maintains data processing and systems, ensuring work quality and output accuracy; oversees system projects to achieve target dates, quality, and budget goals
Ensures all assigned system tasks are completed within set deadlines and budgets, ensuring work quality, system maintainability, and comprehensive business functionality understanding
Collects system requirements, techniques, and controls from relevant departments to identify issues and provide efficient, cost-effective solutions
Leads and manages staff, addressing inquiries and directing project management to fulfill project objectives
Applies IS project methodology standards, overseeing the process to secure project success
Undertakes special projects at senior management's request, ensuring compliance with Bank security, quality standards, and objectives; reports project progress to senior management
Contributes to Information Systems strategic planning, ensuring alignment with business and technical teams for all bank projects
Collaborates with other IS managers to coordinate system activities
Engages in vendor assessments, endorses and evaluates functional and overall system designs, and technical planning to enhance system productivity and efficiency
Organizes, develops, and manages assigned organizational and budgetary functions
Represents the Bank in external civic and community events, professional organizations, and industry activities
Builds and sustains excellent colleague relationships to integrate processes and achieve expected customer service standards
Facilitates the creation and implementation of strategies to enhance operational effectiveness and customer satisfaction
Must-Have* Bachelor's Degree or equivalent Minimum 3 years management experience Minimum 3 years of experience in Information Services/Technology Skills and Knowledge Extensive Experience: Minimum of 10+ years of relevant experience in the financial services industry, with a focus on technology leadership and domain expertise in areas such as wealth management
Technology Expertise: Proficiency in relevant technology domains, including apps management, cloud technologies, data engineering, analytics, fintech solutions, and great to have emerging technologies experience such as AI, machine learning, blockchain, and virtual reality
Domain Knowledge: Deep understanding of the specific domains within the financial services industry, including wealth management, securities trading, trust solutions, data management, and private banking
Familiarity with industry-specific regulations, compliance standards, and market trends is essential
Leadership Abilities: Demonstrated leadership abilities, with experience in leading cross-functional teams, driving innovation, and fostering a culture of excellence and collaboration
Proven track record of strategic thinking, resource optimization, and delivering impactful results
Communication Skills: Excellent communication and interpersonal skills, with the ability to effectively articulate complex technical concepts to both technical and non-technical stakeholders
Strong presentation skills and the ability to build strong relationships with clients, business partners, and internal stakeholders
Strategic Vision: Strategic thinker with the ability to anticipate market trends, identify opportunities for innovation, and develop technology strategies that align with business goals
Experience in driving transformative change based on value and outcomes, ensuring transparency and accountability throughout the organization
Education: Bachelor's or master's degree in computer science, information technology, finance, business administration, or a related field
Additional certifications or specialized training in relevant technology domains and financial services industry would be advantageous
Track Record of Success: Proven track record of success in previous leadership roles, with tangible achievements in driving technology initiatives, delivering business value, and enhancing client satisfaction within the financial services industry
Adaptability and Resilience: Ability to thrive in a fast-paced, dynamic environment, with the flexibility to adapt to changing priorities and emerging technologies
Resilience in overcoming challenges and navigating complex organizational landscapes is essential
Continuous Learning: Commitment to continuous learning and professional development, staying abreast of industry trends, technological advancements, and best practices in the financial services and technology sectors
Proficiency in Wealth Ops IT Platform management, including custodian, administration, integration architecture, and data operations
Experience with cloud technologies (e.g., AWS, Azure, Google Cloud) and implementing scalable solutions in a hybrid cloud environment
Familiarity with cybersecurity best practices and regulatory compliance requirements in the financial industry
Domain Expertise: Comprehensive knowledge of wealth management operations, including account management, portfolio management, trade processing, and client reporting
Understanding of regulatory requirements and compliance standards specific to wealth management and financial advisory services
Familiarity with industry-specific software and tools used in wealth management operations, such as portfolio management systems and trading platforms
Leadership and Operational Skills: Strong leadership abilities, capable of leading a team of technology professionals and fostering a culture of excellence, collaboration, and continuous improvement
Proven ability to identify operational inefficiencies and implement strategic solutions to optimize technology operations and enhance client service delivery
Excellent problem-solving skills, with the ability to troubleshoot complex technical issues and resolve them in a timely manner
Effective communication skills, capable of articulating technical concepts to both technical and non-technical stakeholders and building strong relationships across the organization
The ideal candidate will bring a blend of technology expertise and domain knowledge to the role, ensuring they can effectively manage technology operations within the unique context of wealth management
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
*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
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.' 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 drive phenomenal growth today
City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies
#CA-AP #LI-AP
Source : City National Bank