Senior Specialty Wealth Asset Manager

City National Bank; Las Vegas (NV); On-site; USD 92,000 - 157,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) matching

Tuition reimbursement

Paid time off

Specialized health benefits

Career mobility

Colleague Resource Groups

Job summary

City National Bank in Las Vegas seeks an experienced Specialty Wealth Asset Officer Senior to manage assigned real estate and related assets within fiduciary accounts on the Wealth Management platform. You will oversee asset operations, coordinate with third-party providers, supervise regulatory/reporting, and collaborate with relationship teams to align with client objectives.

7+ years in property/asset management and investment analysis; professional designations preferred; competitive base

Qualifications

• 7 years of property/asset management (residential/commercial) experience necessary. Fiduciary Experience a plus.
• 7 years of experience in analyzing appropriate industry investments, including operating statements, market data and its sources, offering memorandums/offerings, and relevant 3rd party reports.

Responsibilities

• Provides asset/investment management services for their assigned portfolio of Specialty Wealth assets held in fiduciary accounts within investment guidelines and the regulatory framework.
• Manages portfolio while mitigating risk and following established company and department policies, procedures, and best practices.
• Completes all regulatory and internal requirements associated with the assets in their portfolio in accordance with established policies, procedures and practices, such as annual reviews, inspections, valuations, document retention, audit inquiries, etc.
• Oversees the operations at the asset level, either through a 3rd party or directly, including but not limited to asset performance, income collection, expense payment, 3rd party repair/maintenance activities, etc.
• Recommends and (with appropriate approvals) implements strategies for the Specialty Wealth assets of an account which incorporates client’s investment objective, account size, asset mix, liquidity and account circumstance.
• Facilitates transactions and projects of Specialty Wealth assets in accounts, including acquisitions, dispositions, exchanges, leases, capital expenditures, etc.
• When necessary, works closely with the relationship team, clients, managers/general partners/officers, operations services, attorneys, brokers, appraisers and other industry and relationship managers to facilitate activities at the asset level.

Skills

Asset management

Investment analysis

Communication

Analytical skills

Sales skills

Teamwork

Job description

City National Bank in Las Vegas seeks an experienced Specialty Wealth Asset Officer Senior to manage assigned real estate and related assets within fiduciary accounts on the Wealth Management platform. You will oversee asset operations, coordinate with third-party providers, supervise regulatory/reporting, and collaborate with relationship teams to align with client objectives.

7+ years in property/asset management and investment analysis; professional designations preferred; competitive base