PORTFOLIO MANAGER ASSOCIATE

　　WHAT IS THE OPPORTUNITY?

　　Implement proprietary strategies and asset allocation for City National Rochdale Financial Advisors and clients. Assist Sr. Portfolio Managers (SPM) in the development of short-and long-term investment strategies and approaches to achieve investment goals for clients.

　　Wealth Management Division: City National Rochdale

　　For over 35 years, City National Rochdale has specialized exclusively in providing intelligently personalized portfolio management for high-net-worth individuals, families, and institutions with $1m or more in investable assets.

　　What you will do

　　Partner with portfolio managers to recommend initial strategic asset class allocation for new clients, and recommendations for trades and allocation changes for existing clients.

　　Client calls and inquiries: be able to discuss both economic and client portfolio topics: - Introductory and ongoing review calls, build the client relationship and rapport, discuss the relevant economic outlook and the applicability to the client’s portfolio and goals - Respond to incoming calls, emails, and inquiries from clients and advisors - Portfolio characteristics, economic updates, and the firm’s investment thesis - Specific strategies and solutions: business description and reasons we own - Tie everything to client’s goals and aspirations - Create, research, and provide detailed ad-hoc analyses

　　Manage the Book: analyses/activities on the total book of business, segments of the book, and client portfolios. - Track new clients and specific actions to take across the Book and for specific clients

　　Trade execution; buy and sell securities to implement asset allocations for client portfolios, based on client’s investment mandates, cash needs, firm strategy changes and general rebalancing; assess tax liabilities and client directed account restrictions to determine whether macro investment decisions are applicable on the account level; manage complex situations.

　　Monitor client portfolios for deviations from specified strategy or to provide investment recommendations.

　　Create and/or review client portfolio review presentations and portfolio risk/return analysis presentations.

　　Manage the workflow and development of teammates: - Training of systems and procedures - Foster growth of responsibilities, and thinking, and serving clients - Delegate portfolio management tasks between the team members

　　Reinforce PM/Research guidance throughout the team environment, i.e., a bridge between PMs/Research to teammates.

　　Promote the development and growth of our colleagues; nurture and care about their aspirations and goals.

　　Collaborate with technology, strategy, operations, trading teams, etc., to improve processes across the firm.

　　Support the management of process control on the team.

　　Complete special projects as requested.

　　Qualifications

　　FINRA Series 7 and 66 securities or ability to obtainMust-Have*

　　Master's Degree MBA and/or CFA, received or underway

　　Minimum 6 years of experience in Investment Management

　　FINRA Series 7 and 66 securities or ability to obtain

　　Skills and Knowledge

　　Think and act like a PM; stand in as the PM – team, client, and advisor facing; mindset of serving clients and advisors

　　Well-versed on CNR’s investment products, macro-economic environment, and able to tell the CNR story to convey our value-proposition, and convey and reinforce our messaging

　　Interest in, desire to follow, and love for markets

　　Ability to articulate the complex in understandable and consumable terms to advisors and clients with varied investment knowledge and understanding; shift seamlessly from high-level concepts to drill down into specifics

　　Skill in demonstrating empathy, emotional intelligence, relationship management, and communications

　　Extensive knowledge of markets and industry as well as portfolio management expertise

　　Comprehensive understanding of CNR investment and research philosophy

　　Analytical skills, ability to translate and implement theoretical into practical, flawless execution and quality, and attention to detail

　　Operate well in a high growth environment; ability to manage high volume task orientation while contemplating future growth and team capabilities

　　Ability to work independently and use sound judgment

　　Extensive knowledge of the Firm’s proprietary trading system, as well as the portfolio accounting system

　　Assessment of skills and capabilities of others

　　Teaching skills

　　Continuous improvement mindset

　　Strong problem solving skills

　　Compensation

　　Starting base salary: $92,114 - $156,880 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 (https://image.emails.cnb.com/lib/fe5e15707c640c78771c/m/10/cbedd856-c2fc-491b-a625-3ab7a0fd9a65.pdf) .

　　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 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.

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