Specialty Wealth Asset Administration Officer II

City National Bank
Los Angeles, CA
Specialty Wealth Asset Administration Officer II Location Hybrid work in Los Angeles, CA : SPECIALTY WEATH ASSET ADMINISTRATION OFFICER II WHAT IS THE OPPORTUNITY? This is an advanced level Specialty Wealth Assets Officer position, responsible for supporting the asset management and administration of Trust Real Estate, Closely Held Businesses, and Mineral/Oil/Gas interests held in fiduciary accounts. Under general guidance from the SWA team, this position facilitates the addition and removal of assets from accounts, processing of income and asset-related expenses, assistance with the collection of information/documents related to general request or regulatory requirements, updating of inter-department tracking reports, as well as general support of the asset management team. This position is also responsible to assist on more complex accounts, tasks and projects related to the administration of the SWA team and its operations. Develop and maintain relationships with colleagues and clients (as necessary) to help execute day to day administrative functions. Maintain up-to-date knowledge of account activity by reviewing various reports. What you will do
  • Process administrative tasks related to Specialty Wealth Assets, including the processing of income/expenses, property taxes, insurance matters, etc., in accordance with account agreements and established procedures.
  • Prepare and submit documents related to account openings and closings.
  • Provide customer service to trust clients, businesses and professionals, as well as, administrative support to SWA officers and management.
  • Initiate annual administrative review of accounts. Review files for completed forms, codes, review income/expenses and transactions and for accuracy.
  • Prepare and maintain accurate account and departmental documentation, files, and records.
  • Provide client service by responding and researching client and colleague inquires by phone, email, and written communications.
  • Assist with complicated accounts, processes, projects, and tasks, as assigned.
  • Maintain various tracking spreadsheets and logs for the group.
  • Attend both internal and external calls, events, and meetings with clients, COI's, and vendors (as required).
  • Maintain proficient knowledge of and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all job-specific training requirements in a timely fashion.
  • Maintain all appropriate training and continuing education requirements for both internal programs and external licenses and certifications.
  • Perform other related duties as assigned or directed.
Must-Have*
  • H.S. Diploma
  • Minimum 8 years of administrative/clerical experience And
  • Minimum 5 years of experience in a real estate industry Or
  • Minimum 5 years of experience in Personal Trust administration
Skills and Knowledge
  • Strong written and verbal communication skills
  • Ability to gather, arrange, compile, interpret, analyze, summarize and evaluate information and data to identify opportunities and formulate conclusions and recommended actions
  • Ability to set priorities, and objectives
  • Demonstrate working knowledge of trust administration
  • Demonstrate excellent working knowledge or real estate, closely held entities, and/or mineral/oil/gas interests
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.
  • To be considered for this position you must meet at least these basic qualifications
The preceding 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.
Posted 2025-11-15

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