At a Glance
- Tasks: Execute portfolio trading and support the Portfolio Manager in maintaining models.
- Company: Join RBC Dominion Securities, Canada's top investment and wealth management firm.
- Benefits: Competitive salary, bonuses, flexible benefits, and stock options.
- Other info: Collaborative culture with opportunities for professional growth and community impact.
- Why this job: Be part of a dynamic team making a real impact in clients' financial success.
- Qualifications: Must be an approved Investment Representative with strong communication and analytical skills.
The predicted salary is between 67000 - 80000 $ per year.
What is the opportunity?
RBC Dominion Securities is a relationship-focused investment and wealth management firm that consistently ranks #1 in Canada. We are proud of our collaborative, supportive culture that enables success at every level and equips us to help our clients achieve their financial goals.
The RBC Dominion Securities branch located in Kamloops BC is seeking an Investment Associate (Trade Execution Specialist) to join a successful Private Investment Management Team. You will execute all portfolio trading and support the Portfolio Manager in keeping portfolio models up to date.
What will you do?
- Execute model portfolio changes (Trading Execution)
- Exchange foreign currency when needed
- Keep models up to date on a weekly/monthly basis
- Review cash balances (debits & credits) for investment or debit coverage for discretionary and non-discretionary accounts
- Execute all other trading for team members (i.e. post client review portfolio changes, monthly AFT & RIF payments, on off EFTs & bank wires) – Trade Execution only
- Debit forecasting – Reviewing accounts to ensure cash balances for quarterly fees
- Reviewing and maintaining Private Investment Management (PIM) Dashboard. Keeping client accounts on side with regards to their current Investment Policy Statement (IPS).
- Reviewing and maintaining the MRGD reports for investment of funds (i.e. deposits, contributions, PACs).
- Reviewing and executing on any reorg notices
What do you need to succeed?
Must-have
- Approval as an Investment Representative (IR) with IIROC and/or CFA 1
- Exceptional written and verbal communication skills
- Meticulous attention to detail and strong problem solving and analytical skills
- Strong Microsoft Office skills
Nice-to-have
- 4 years or more of professional experience within investment industry
- Highly-developed technical skills
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. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
Work in a dynamic, collaborative, progressive, and high-performing team.
Opportunities to do challenging work.
Compensation for this position (including salary and discretionary/variable incentive payments) will be determined by factors, including but not limited to the candidate's experience, skills, registration status, performance, individual goals; market conditions; and business needs. The expected base salary range for this position is $50,000 - $60,000. This position may be eligible to receive a discretionary/variable incentive payment up to 1.0x base salary.
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Investment Associate in Kamloops employer: RBC
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