Manager, Investment Policy

Royal Bank of Canada•Minneapolis, MN

19d•$70,000 - $130,000

About The Position

What is the opportunity? RBC is seeking an experienced Manager of Investment Policy to lead and oversee our Global Asset Management (GAM) solutions investment policy function. This strategic leadership role combines deep analytical expertise with cross-functional collaboration to ensure regulatory compliance, maintain and enhance fund performance, and drive operational excellence across our institutional investment offerings. The successful candidate will lead a team of skilled professionals while managing complex initiatives across North American and global operations. What will you do?

Requirements

5+ years of experience in investment policy, fund management, regulatory compliance in financial services
Advanced analytical and quantitative skills with expertise in investment management platforms and peer group analysis
Ability to work on concurrent projects and to deliver complex initiatives on time and within budget
Excellent leadership, communication, and interpersonal skills for both internal and client-facing interactions
Strategic thinking with ability to identify process improvements and operational efficiencies
Knowledge of regulatory and compliance frameworks in institutional asset management

Nice To Haves

3+ years of team leadership or management experience
CFA charter or equivalent professional designation
Familiarity with Charles River or similar institutional investment platforms
Experience managing geographically distributed teams
Experience with trade cost analysis (TCA) and best execution frameworks
Background in equity or fixed income trading and market microstructure

Responsibilities

Lead and mentor a North American-based team of investment policy professionals supporting institutional clients in Canada and the US
Foster a high-performing culture that emphasizes quality delivery, continuous improvement, and professional development
Manage team resources and capacity planning to optimize productivity and service delivery
Ensure daily trading alert reviews are conducted with appropriate governance and escalation protocols
Oversee development, maintenance, and enhancement of Investment Policy Statements for GAM fund, pool, and model solutions
Act as backup to the global BlueBay Investment Policy desk during peak periods, ensuring business continuity
Oversee coordination of periodic investment mandate reviews, including breach analysis and stakeholder governance
Oversee peer group database management using Morningstar, Mercer, and consultant data
Guide analysis of peer group characteristics, alpha targets, and value-added objectives to inform investment strategy
Lead audit delivery processes across the team; identify and implement improvements to enhance procedures and remove ambiguities
Expand and oversee risk control metrics and monitoring frameworks for GAM fund development Best Execution and Trade Cost Analysis
Drive automation of day-to-day processes and GAM solution analysis tools to enhance team efficiency and reduce manual work
Lead migration initiatives and transformation efforts across the global target operating model
Lead project deliverables across the North American Institutional team, ensuring timely completion while optimizing resource allocation
Champion continuous improvement initiatives to enhance touchpoints and operational procedures
Represent RBC GAM to prospects and clients as part of due diligence and relationship management activities
Serve as escalation point for complex client and stakeholder issues
Prepare presentations on investment policy matters to senior management and external stakeholders

Benefits

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and 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.
The expected salary range for this particular position is $70,000-$130,000, depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high-performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value