Trust Officer II - Custody and Retirement Services (WEALTH SERVICES - RETIREMENT SPECIALIST)WHAT IS THE OPPORTUNITY?This position is responsible for the administration of defined benefit and defined contribution plans, ESOPs, other employee benefit trust, agency and Individual Retirement Accounts (IRA's). This position ensures that the administration of the accounts are in accordance with the applicable laws and achieves compliance with Bank policies and procedures as well as regulatory requirements. Interfaces with colleagues, clients, client intermediaries and CNB business partners (Private Banking, CNS, Entertainment, etc) regarding accounts.What you will doAdminister defined benefit and defined contributions plans, ESOPS and other employee benefit trusts for account opening, periodic account administrative reviews, plan contributions, distributions, participant loans, cash transfers, wire transfers, asset transfers, asset valuations and the review and certification of the annual trust statements.Administer a book of agency and retirement services relationships. Work with assigned clients, their intermediaries and CNB business partners to ensure adherence to Bank policies and procedures, regulatory compliance, overall profitability, and retention of the accounts assigned.May administer Individually Directed Accounts (IDA’s) for high net worth participants in defined contribution plans.Assist with regulatory examinations, independent audits, internal audit compliance reviews and work with the Wealth Services Manager to implement action plans to correct deficiencies and update policies and procedures where needed.Maintains a proactive commitment to established Bank programs.Must-Have*Bachelor's Degree or equivalentFive years of experience in working with RBPS.Five years of experience in the administration of defined contribution, defined benefit and other employee benefit trust and agency accounts.Five years of experience in a client facing role in a financial institution.Five years of experience in working with ERISA Qualified Plans under the Employee Retirement Income Security Act (ERISA).Skills and KnowledgeFive to seven years of experience in the administration of defined contribution, defined benefit and other employee benefit trust, and agency accounts.Five years of experience in a client facing role in banking or financial services environment.Bachelor’s degree in Business, Finance or related area preferredExcellent organizational and problem solving skills.Experience with SEI’s Trust 3000 Trust Accounting systemProficient with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)Excellent verbal and written communications skills sufficient to interact with all levels of Bank personnel and clients.Demonstrated in-depth knowledge of the fiduciary and prohibited transaction provisions associated with the Employee Retirement Income Security Act (ERISA).CompensationStarting base salary: $71,869 - $114,797 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 qualificationsThe 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 PerksAt 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 EMPLOYMENTCity 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 NATIONALWe 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.#LI-NW1#CA-NW