Institutional Portfolio Analyst

RBC•Minneapolis, MN

3d•$55,000 - $95,000•Onsite

About The Position

As an Institutional Portfolio Analyst at RBC Global Asset Management, U.S. you are the key provider of accurate investment portfolio data to RBC GAM-US. Your primary responsibilities encompass three general areas: communication of accurate data to multiple internal groups, accurate investment portfolio reconciliation and the billing of our institutional clients.

Requirements

Bachelor’s degree, preferably in Finance, Accounting, Economics or related field
1-2 years of financial services industry experience
Working knowledge of fixed income and equity securities
Strong attention to detail
Self-starter that is client services and solutions oriented. Ability to work effectively both individually and as part of a team.
Strong problem solving and strategic thinking skills and capable of meeting tight timelines under high pressure situations with the ability to prioritize and multi-task.
Excellent time management skills and the ability to independently manage competing priorities.
Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUPS, basic formulas)

Nice To Haves

2-3 years of Fund Accounting and/or portfolio analysis experience in the asset management industry
Working knowledge of various technology platforms: Eagle Investment Systems, Simcorp Dimension, Bloomberg Terminal, Charles River Investment Management Solutions, Electra Reconciliation, TLM Reconciliation, Revport

Responsibilities

Accurately reconcile investment portfolios – audit accounting data for accuracy and reasonableness, identify and resolve holdings and transactional discrepancies in a timely manner using multiple data sources, and track outstanding issues and ensure resolution.
Communicate accurate data to the Investment Management and Client Service teams – communicate critical portfolio information to investment management and client service, ensure the flow of time sensitive information and follow through on actionable items. Organize data from multiple sources in a manner that is accurate and can be efficiently interpreted by end-user teams. Notify Investment Teams of portfolio cash balances and pending cash needs.
Set-up, generate and review client invoices for the firm’s management fees using the Revport billing system.
Contribute to cross-departmental initiatives and work groups. Participate in operational projects focusing on automation, efficiency, and the scalability of Institutional Portfolio Operations services.