At a Glance
- Tasks: Support investment counsellors in managing and customizing client portfolios for high-net-worth individuals.
- Company: Join RBC, a leading bank committed to innovation and community impact.
- Benefits: Competitive salary, performance bonuses, flexible benefits, and mentorship opportunities.
- Other info: Dynamic team environment with clear pathways for career growth and development.
- Why this job: Make a real difference in clients' lives while growing your career in finance.
- Qualifications: CFA designation and an undergraduate degree in business, finance, or economics required.
The predicted salary is between 67000 - 110000 $ per year.
A member of RBC Phillips, Hager & North Investment Counsel, the Associate Portfolio Manager works with experienced investment counsellors to construct customized investment strategies for high-net-worth individuals, trusts, and charitable foundations. This long-term support role is designed to help investment counsellors implement a strategy and manage and monitor the client portfolio on a regular basis.
What will you do?
- Support the investment counsellor in managing client portfolios
- Assist in the construction of customized investment strategies, models, proposals, and action plans for existing and potential clients
- Implement action plans and proactively manage client portfolios to achieve or exceed performance goals
- Monitor and rebalance client portfolios to ensure they are managed in accordance with the investment policy statements and portfolio risk management strategies and policies
- Develop, document, and maintain a profile for each client including next steps to deepen and solidify the relationship
- Assist as required in preparing client meetings, including annual review meetings and meetings with potential clients
- Participate in analyst presentations on investment strategy and analysis
- Review and respond to risk management reports
- Proactively identify and review client portfolio management issues and recommend solutions to investment counsellors to resolve them
What do you need to succeed?
- Must-have: Chartered Financial Analyst (CFA) charter designation
- Undergraduate degree (preferably in business, finance or economics)
- Strong working knowledge of Microsoft 365 apps, Excel
- Nice-to-have: Graduate degree (preferably in business or finance)
- Financial planner diploma granted by the Institute of Financial Planning
What's in it for you?
- We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper.
- Leaders who support your development through coaching and managing opportunities
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
Your career + Your life
- Competitive total rewards: market-rate compensation, performance bonuses, flexible benefits.
- Clear pathways to growth: mentorship from leaders invested in your development, and progressive opportunities across RBC
- Own meaningful projects that drive real change for clients
- Collaborate with diverse, high-performing teams solving complex challenges
- Contribute to communities and causes you care about through our social impact initiatives
Your development
- Access learning and skill-building opportunities tailored to your goals
- Expand your horizons across RBC's diverse business units and roles
- Build your professional network with talented people across the organization
Job Skills: Client Counseling, Critical Thinking, Decision Making, Interpersonal Relationship Management, Investment Banking, Investment Consulting, Investment Management, Private Banking, Product Services
Associate Portfolio Manager employer: RBC
RBC is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation thrives and employees are empowered to grow. As a Senior Director in Toronto, you will lead a talented team in developing cutting-edge AI solutions that transform the banking experience for millions, while enjoying comprehensive benefits, professional development opportunities, and a commitment to community impact. Join us to be part of a collaborative environment that values diverse perspectives and champions your success.
