Financial Planning Analyst

Royal Bank of Canada•Toronto, ON

13d•Onsite

About The Position

This is not a Financial Analyst role but rather a Retirement & Wealth Planning role where the focus is on providing tax, retirement, and estate planning strategies using our proprietary personal financial planning set of tools. As an integral part of the Family Office Service (FOS) team, the Financial Planning Analyst focuses on providing clients with comprehensive financial planning solutions. This involves acting as the primary financial planner in our centralized service as well as in a partnership role with the Financial Planning Specialists in their respective regions. Both services require the preparation and ongoing development of our proprietary “Compass” comprehensive financial plans.

Requirements

CFP or PFP Designation
Minimum of 5 years of experience in financial planning
Superior communication skills in English, both written and verbal
In-depth understanding and knowledge of the Canadian taxation system
Working knowledge of financial planning software (Conquest)
Strong knowledge of Microsoft Office (Word & Excel) and ability to adapt to a fast changing software

Nice To Haves

Accounting designation
Bilingual English / French

Responsibilities

Prepare comprehensive personal financial plans on behalf of the various sales forces and with the Financial Planning Specialists which includes determining the clients’ objectives, analyzing the clients’ current situations, and developing appropriate advice, strategies, and recommendations
Stay current with financial planning standards and practices
Be involved in spotting, anchoring, introducing, and following up on opportunities for complimentary businesses and solutions
Maintain a high level of partnership and knowledge regarding all of RBC’s units
Contribute ideas and participate in development projects to enhance our services
Provide ongoing coaching and training to other professionals in Wealth Management Services