Portfolio Analyst

City National Bank • Beverly Hills, CA

7d

About The Position

RBC Rochdale provides investment research, portfolio management, macroeconomic outlook, and strategic asset allocation to help clients meet their long-term goals. The Portfolio Analyst supports the Portfolio Management team by preparing client presentation materials and investment policy documentation, coordinating account transitions and operations, analyzing portfolio performance, and responding to client and advisor requests. The position also serves as the team's primary liaison with operational groups and supports compliance inquiries. With experience, the analyst may set up accounts in the trading system, perform basic trading responsibilities, and analyze accounts for strategic rebalancing. This is not a research analyst position.

Requirements

• Bachelor's degree or equivalent.
• Two years of experience in a finance-related role; investment management and services experience in a professional team environment is preferred. Relevant internship experience is considered.
• Strong problem-solving and analytical skills.
• Attention to detail.
• Ability and desire to learn.
• Excellent communication skills and professional demeanor.
• Ability to effectively address client or financial advisor trade- and investment-related questions.
• Ability to learn the firm's proprietary trading system and portfolio accounting system.
• Ability to multitask and prioritize multiple deliverables.
• Produce quality work and perform quality assurance on the work of others.
• Proficient in basic computer software tools such as MS Word, Excel, Outlook, and PowerPoint.
• Commitment to pursue the CFA; Level I candidate.
• Interest in financial markets and investing.

Nice To Haves

• Finance major preferred.
• Experience in investment management and services and a professional team environment; relevant internship experience is considered.
• Interest in or experience with a client-facing role.
• Internal mobility candidates and referrals are highly encouraged.

Responsibilities

• Prepare review book materials for client presentations.
• Prepare Investment Policy Statement letters for new clients and letters documenting changes or reallocations when necessary.
• Assist the Portfolio Management team with client and advisor operational and logistical inquiries.
• Act as the primary Portfolio Management team liaison with Operations teams, including New Accounts, Billing, Performance, and Client Services.
• Transition and set up new client accounts.
• Analyze portfolio performance and research outliers.
• Respond to ad hoc client requests and manage client and advisor phone calls while providing a high degree of service.
• Become proficient in applications and technology used in portfolio management and client service operations.
• Respond to compliance inquiries, including inquiries about large withdrawals and sources of funds for existing clients.
• Keep up with the current market environment and general performance of the firm's investments.
• With experience, set up client accounts in the trading system, perform basic trading responsibilities, and analyze accounts for strategic rebalancing.

Benefits

• Medical, dental, and vision coverage, available the first of the month following the start date.
• 401(k) company matching contribution.
• Tuition reimbursement and internal upskilling and training resources.
• Vacation, sick, and volunteer time.
• Fertility benefits and cancer, diabetes, and musculoskeletal support programs.
• Career mobility support from a dedicated recruitment team.
• Colleague Resource Groups for networking and community engagement.
• Eligible for bonus and/or commissions.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level