Institutional Portfolio Analyst

Royal Bank of Canada•Minneapolis, MN

2d•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.

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.