MANAGER II OPERATIONSWHAT IS THE OPPORTUNITY
Responsible for planning, controlling, and directing an operational function and its staff. This role oversees a team responsible for operation-related activities on behalf of all lines of business. Includes day-to-day management of staff, balancing workloads, monitoring service levels, and building relationships with the stakeholders of the LOBs. Become fully trained in all the areas of the department. Focus on the long-term strategic activities of the department with an emphasis on workflow automation, quality, and performance metrics. Responsible for all projects assigned to the operational department, compliance-related activities, and serves as a subject matter expert and liaison on cross-functional task forces and project teams.
WHAT WILL YOU DO
Builds and manages a strong and diverse operations organization to meet business objectives and maximize productivity, quality, customer satisfaction, colleague morale, retention, controls on operating risk, and financial goals.
May function as a primary liaison with Core Banking, Commercial Banking Centers, other line units, departments, and vendors, ensuring a good working relationship is maintained between departments and colleagues.
Ensures activities are in compliance with legal, regulatory requirements, and CNB policy and procedure, with a specific emphasis on BSA and USA Patriot Act. This includes adherence to all internal and external requirements related to OFAC, AML, CTR, EDD, and all other applicable compliance-related functions as appropriate to the departmental assignment.
Ensures staff receives appropriate training to maintain proper risk-related controls and knowledge of applicable regulatory requirements.
Ensures that staff makes the appropriate decisions, which may include escalating to management, referring client transactions to KYC Department for enhanced due diligence or Compliance Investigations for potential Suspicious Activity Reporting as required under BSA regulations or Corporate Security for potentially fraudulent activities.
Perform BSA, AML, OFAC reviews of client transactions as applicable to the departmental assignment.
Manages and/or participates in departmental and bank-wide projects, formulates project plans, manages project resources, internal and external, tracks task assignments, and facilitates project meetings, implements strategy and project steps with consideration to constraints of budget, schedule, and impact.
Identifies, recommends, and implements new processes, procedures, and products to improve workflow efficiency and/or profitability. Oversees or participates in operations development and improvement programs.
Creates and facilitates changes by integrating new systems or processes with existing ones, measures results, and identifies necessary corrective actions required to meet goals.
Establishes and communicates a clear understanding of internal/external customer requirements and the importance of strong service relationships, maintains customer service standards, and monitors and responds to trends.
Seeks and implements industry best practices across operations, remains knowledgeable in industry trends and developments.
Effectively communicates to inform, persuade, influence, and direct others.
Participates in the budget process and other finance-related projects that impact the department and/or its function. Reviews monthly budgetary reports and general ledger reports to monitor expenses and adherence to budgetary guidelines.
Directly or indirectly oversees all Human Resources and related functions, including hiring staff and personnel issues. This includes timely completion of performance appraisals, accurate payroll records, and the development and career planning of staff.
Performs other duties as assigned or requested.
Responsible and accountable for appropriate quality controls related to the financial products, the bank provides, the services, the bank delivers, the processes employed, and the incentives with which colleagues are awarded.
All City National products, financial solutions, and services are to be provided ethically and with integrity in a manner that is consistent with the client-first culture and values embodied in City Nationals PRIDE statement.
WHAT DO YOU NEED TO SUCCEED
Required Qualifications:
Minimum 5 years banking operations experience in a financial institution required. Minimum 5 years banking and operations management experience. Minimum 2 years experience in managing projects and/or teams required.
Additional Qualifications:
Management experience within financial services operations. Critical and strategic thinker. Knowledge of applicable regulatory requirements. Seasoned problem-solving, analytical, and decision-making skills. Strong project management skills. Excellent verbal and written communication skills. Ability to create influential documents, presentations, and group or team facilitation. Working knowledge of financial and budget process.
WHATS IN IT FOR YOU
Compensation:
Starting base salary $87,027 - $138,965 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 401k 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.
ABOUT US
Since day one, weve 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 Americas 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.