Portfolio Analyst

City National Bank; Irvine, Northern (CA, KY); On-site; USD 65,000 - 104,000; Full time

Benefits offered by this job

Comprehensive healthcare

401(k) matching

Tuition reimbursement

Paid time off

Family planning benefits

Job summary

City National Bank in Irvine, CA seeks a Portfolio Analyst to support the portfolio management team with client materials, IPS letters, and account transitions. You will analyze performance, respond to client requests, and collaborate with operations to ensure top-tier service.

Bachelor's degree and 0–3 years in finance required; CFA level I encouraged. Competitive base salary with bonus eligibility and comprehensive benefits offered.

Qualifications

• Bachelor's degree or equivalent.
• 2 years of experience in finance related role, preferably in investment management and services.
• 0-3 years of experience in finance related role; internships considered.
• Strong problem solving and analytical skills.
• Attention to detail.
• Ability and desire to learn.
• Excellent communication skills; professional demeanor.
• Ability to learn the Firm’s proprietary trading system and portfolio accounting system.
• MS Word, Excel, Outlook, PowerPoint proficiency.

Responsibilities

• Prepare review book materials for client presentations.
• Prepare IPS letters for new clients and IPS change letters.
• Assist Portfolio Management with client/advisor issues in operations.
• Serve as liaison with New Accounts, Billing, Performance, and Client Services.
• Transition / set up new client accounts.
• Analyze portfolio performance and research outliers.
• Respond to ad hoc client requests and manage calls.
• Learn portfolio management applications and technology.

Skills

Analytical skills

Client service

Communication

Attention to detail

Learning mindset

Education

Bachelor's Degree

Tools

MS Word

Excel

Outlook

PowerPoint

Job description

PORTFOLIO ANALYST

WHAT IS THE OPPORTUNITY?

The Portfolio Analyst primary responsibilities are:

• Prepare review book materials for client presentations
• Prepare IPS letters for new clients and IPS change / reallocation letters when necessary
• Assist the Portfolio Management team in solving client and advisor issues as it relates to Operational and logistical inquires
• Act as the primary Portfolio Management team liaison with all Operations teams including New Accounts, Billing, Performance and Client Services
• Transition / set up new client accounts
• Analyze portfolio performance and research outliers
• Respond to ad hoc client requests, and manage client and advisor phone calls in the course of providing the highest degree of service
• Becoming proficient in the applications and technology used in the portfolio management and client service operations processes
• Respond to compliance inquiries, including those re: large withdrawals and source of funds for existing clients
• Keep up with the current market environment and general performance of firms investments
• With experience, setup client accounts in trading system and perform basic trading responsibilities, and analyze accounts for strategic rebalancing
• Of note, this role is not a research analyst position

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications*

• Bachelor's Degree or equivalent
• 2 years of experience in finance related role, preferably in investment management and services and professional team environment (relevant internship experience considered; internal mobility candidates highly desired and encouraged; referrals encouraged)

Additional Qualifications

• 0-3 years of experience in finance related role , preferably in investment management and services and professional team environment (relevant internship experience considered; internal mobility candidates highly desired and encouraged; referrals encouraged)
• Strong problem solving and analytical skills
• Attention to detail
• Ability and desire to learn
• Excellent communication skills; professional demeanor
• Ability to effectively address Client or FA trade and investment related questions
• Ability to learn the Firm’s proprietary trading system, and the portfolio accounting system
• Ability to multi-task and prioritize multiple deliverables
• Quality of work product; quality assurance of work product of others
• Commitment to pursue CFA; level one candidate
• Proficient in basic computer software tools, e.g., MS Word, Excel, Outlook, and PowerPoint
• Interest and / or experience in client facing role
• Interest in financial markets and investing
• Bachelor’s degree - preferably major in Finance

WHAT'S IN IT FOR YOU?

Compensation

Starting base salary: $65,296 - $104,304 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks

• 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.