Portfolio Advisor

Royal Bank of Canada•Minneapolis, MN

4d•Onsite

About The Position

As a Portfolio Advisor, you will join the U.S. Equities team within RBC’s Portfolio Advisory Group. The Portfolio Advisory Group’s broader mandate is to enable our Wealth Management Advisors to consistently deliver investment solutions to their clients with the highest level of competency and confidence through portfolio management, service and support, and thought leadership. The U.S. Equities team manages six Guided Portfolios across key public equity investment factors such as dividends, growth, core, value, and international. The team is also a significant service and support touchpoint for Advisors’ book of business invested in public equities. As a Portfolio Advisor, you will provide professional portfolio management on the Guided Portfolios, plus service and support to RBC advisors relating to equity securities. You will play an important role in equity portfolio management solutions and maintaining visibility with our Advisors.

Requirements

Professional experience investing in or analyzing equities.
7+ years direct industry experience in financial services with 5-7 years in portfolio management or equity research.
Demonstrated investment knowledge of the capital markets and global economy.
Strong understanding of the intricacies of the equity markets and equity portfolio management.
Ability to collaborate with team members on portfolio management that reflect the views of the group and adhere to the investment mandate.
Excellent interpersonal, oral, written and presentation skills.
Strong and visible sense of judgement and confidence in knowledge of the market and ability to offer sound advice.
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.
Ability to generate unique ideas and analysis using disparate information to incorporate into an investment decision.
Series 7, 63 or 66, or ability to obtain within 180 days.

Nice To Haves

Combination of MBA and CFA, or possess one designation while in the process of obtaining the other.
Ability to understand the Financial Advisor’s business and identify themes and issues that can have an impact on their business.
Experience working as part of a geographically diverse team.
Working knowledge of analytical and market research tools including Morningstar, FactSet, and Bloomberg.

Responsibilities

Conduct research on individual companies and collaboratively work with team members on portfolio investments.
Process a wide-array of research, news, reports, investment publications and company/analyst meetings to form independent investment opinions with due consideration to risks.
Support the team’s investment thoughts through direct communications with RBC advisors, written commentary, and conference call participation.
Provide proactive service with timely and thoughtful responses to RBC advisors seeking advice with respect to equity securities.
Participate in presentations to RBC advisors through the team’s daily morning call, general conference calls and branch visits.