Specialty Wealth Asset Officer Senior

About the role

Provides investment and asset management services for Specialty Wealth Assets (real estate, closely held entities with real estate as an underlying asset, Mineral/Oil/Gas interests), held in fiduciary accounts on the Wealth Management platform of CNB and RBC. Functions as an asset and investment manager, including oversight of property operations (e.g., third-party service provider selection, performance, retention, rent collection, expense payment, maintenance activities) and managing transactions and asset-level projects (acquisitions, dispositions, leasing, environmental conditions, capital expenditures). Completes all asset-level regulatory and reporting requirements in accordance with established policies, procedures, and direction.

Provides support to the relationship team by offering asset-level expertise and coordinating communication with colleagues, clients, tenants, managers, general partners, officers, and third-party service providers regarding activities and issues at the asset level. Considers investment objectives, account circumstances, performance, concentration issues, and profitability from a fiduciary perspective while administering assets. Partners with client-facing colleagues in proactive client service, communication, and sales activities.

Responsibilities

• Provides asset and investment management services for an assigned portfolio of Specialty Wealth assets held in fiduciary accounts, adhering to investment guidelines and regulatory frameworks.
• Manages the 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 the portfolio, such as annual reviews, inspections, valuations, document retention, and audit inquiries.
• Oversees operations at the asset level, either directly or through third parties, including asset performance, income collection, expense payment, and repair/maintenance activities.
• Recommends and implements (with appropriate approvals) strategies for Specialty Wealth assets, incorporating the client’s investment objectives, account size, asset mix, liquidity, and account circumstances.
• Facilitates transactions and projects for Specialty Wealth assets, including acquisitions, dispositions, exchanges, leases, and capital expenditures.
• Collaborates with the relationship team, clients, managers, general partners, officers, operations services, attorneys, brokers, appraisers, and other industry professionals to facilitate asset-level activities.
• Coordinates and communicates specialty wealth asset activities with assigned Trust Officers and other relationship managers.
• Participates in meetings and presentations to promote product and service awareness among clients, prospects, and referral sources.
• Maintains a “Satisfactory” internal and external audit review.
• Complies with policies to identify and resolve environmental issues and ADA compliance issues.

Requirements

• 7 years of property/asset management (residential or commercial) experience.
• Fiduciary experience is a plus.
• 7 years of experience analyzing industry investments, including operating statements, market data, offering memorandums, and relevant third-party reports.

Qualifications

• Proven communication, analytical, negotiating, and sales skills, coupled with computer literacy.
• Strong attention to detail and customer service orientation.
• Ability to work in a multi-task environment with oversight.
• Works effectively both within a team and individually.
• Professional credentials such as CPM, CCIM, or other recognized industry designations preferred.

Pay

Starting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits

• 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 internal upskilling/training resources.
• Valued Time Away benefits, including vacation, sick, and volunteer time.
• Specialized health and family planning benefits, including fertility benefits and support programs for cancer, diabetes, and musculoskeletal conditions.
• Career Mobility support from a dedicated recruitment team.
• Colleague Resource Groups to support networking and community engagement.