Alternative Investment Strategist

RBC•Minneapolis, MN

1d•$90,000 - $200,000•Onsite

About The Position

As an Alternatives Investment Strategist for RBC US Wealth Management, you will work alongside the Multi-Asset Portfolio Strategist, Wealth Strategists, Alternatives Consultants, and other internal teams on developing, coordinating, and executing our alternatives ambitions. The role is part of the Portfolio Advisory Group (PAG). PAG’s mandate is to enable RBC-WM financial advisors to consistently deliver investment advice and solutions to their clients with the highest level of competence and confidence. Your role will empower financial advisors with thoughts on the asset class and portfolio positioning.

Requirements

Bachelor’s degree, preferably in Finance or Economics
10+ years’ financial industry experience
5+ years’ experience as an investment strategist or similar role
Series 7 & 66 licensed or ability to obtain in 180 days
Previous experience working with financial advisors
Knowledge of complex investment structures and esoteric investments
Exhibits wealth management and investment products expertise
Able to listen to client’s needs and make decisions/take actions that help clients achieve their long-term goals
Effective problem identification, analytical and resolution skills
Ability to distill complex or detailed financial information into key points and a recommendation
Knowledge of investment management disciplines such as asset allocation, portfolio construction, risk return analytics, performance measurement and reporting
Strong ability to interact with all levels of staff. Must be able to maintain relationships that will relate to the overall success of the established firm goals

Nice To Haves

CFA®, CAIA®, or CFP® designation or working to obtain
2+ years HNW client experience
Portfolio management experience
Experience in investment performance and risk analysis, particularly as it relates to multi-asset portfolio management
Experience recommending and researching private investment opportunities and how they fit into a well-diversified high-net worth portfolio

Responsibilities

Responsible for internal and external publications about the alternatives market
Organize and participate in webcasts focusing on alternatives topics and market outlook
Collaborate with Marketing to support alternatives campaigns and enhance website content
Collaborate with the U.S. Investment Committee and Global Portfolio Advisory Committee members to formulate market views across various alternative asset classes
Assist UHNW advisors or other internal partners in review of client portfolios and allocations with specific focus on alternatives
Create and implement a proactive service model for managing relationships
Stay current on emerging trends in the alternatives market to make informed investment recommendations
Create an actionable investment framework within the alternatives market to help advisors and clients understand risks and opportunities
Communicate market (our cross-asset investment views) and economic perspectives to clients, via client presentations, publications or product-oriented marketing programs
Relate key market developments to the positioning within managed portfolios to clients, specifically within alternative asset classes
Research model portfolio development that includes alternative investments

Benefits

competitive compensation
flexible benefits
401(k) program with company-matching contributions
health, dental, vision, life, disability insurance
paid-time off
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
Opportunities to do challenging work
Opportunities to build close relationships with clients