Portfolio Management Consultant

RBC • Montreal, QC

1d • Hybrid

About The Position

In this role, you will provide insight and advice on portfolio management best practices, linking conceptual strategies of trading and rebalancing portfolios. You will assist teams in making knowledgeable decisions and analysis of business practices related to RBC Dominion Securities discretionary programs (A+ and PIM). You will support desktop applications related to discretionary platforms at RBC Dominion Securities, with the goal of arriving at solutions to avoid trading issues/errors and growing a scalable business.

Requirements

• Minimum of 5 years of experience in the financial services industry, preferably with RBC Dominion Securities
• Bilingualism (English and French) required, as you will regularly do business with RBC partners and/or employees across Canada with English and French speaking needs
• Strong interpersonal (empathetic listener, coach, negotiator), communication, and presentation skills
• Comfortable meeting new people, engaging with them, and building those relationships
• Driven, eager to learn, and thrive in a high-performance environment
• CFA Level 1, CIM, or proven track record in the understanding of discretionary money management
• Willingness to travel (mix of either day trips or flights) for a combined total average of two weeks per month, often for one to four days at a time, with some overnight travel required
• Advanced computer skills, especially Excel

Nice To Haves

• Background in an RBC Dominion Securities retail branch environment, preferably on a discretionary team, with familiarity of processes, technology, products, services, and portfolio management concepts and techniques
• Ability to analyze, prioritize, and adjust to multiple demands
• Strong problem-solving skills and client-centric approach
• Ability to manage change and work effectively, both independently and collaboratively within a team environment
• Enjoy traveling for work

Responsibilities

• Conduct one-on-one meetings with both discretionary and non-discretionary teams to determine their investment philosophy and implementation strategy.
• Build and maintain relationships with new and existing Portfolio Managers (discretionary licensed Investment Advisors) and their teams within RBC Dominion Securities.
• Discuss best practices regarding Investment Policy Statements, asset mix monitoring, quarterly reviews, review processes, service plans, etc. to assist in streamlining their investment process and operations.
• Help set up the advisor’s book to prepare for portfolio modeling and discuss ongoing management of the book for new clients, multiple legal registrations within the same household, withdrawals or deposits for existing clients, changes in asset mix for a client, or tactical or geographic asset class changes.
• Assist new employees/competitive recruits in becoming familiar with trading and modeling platforms (TradeLink, ClientLink, A+ Desktop, TAC).
• Help teams modify their investment management philosophy when necessary and liaise with the Managed Solutions Group, the Portfolio Overlay Team, and the Portfolio Advisory Group, gathering feedback and suggestions for modeling and portfolio management improvements.
• Lay the groundwork to build scalable Unified Managed Household tools (A+) for both discretionary and non-discretionary advisors.
• Specific to ClientLink modeling for discretionary and advisory teams, assist with various aspects of portfolio management: creating models and attaching portfolios, running trade lists, walking through exceptions that need to be built into the system, and running through exceptions in client accounts.
• Outline how to move forward and deal with everyday transactions (e.g., withdrawals, deposits, currency conversions, etc.), help set up their book to get it ready for modeling and bulk trading, and assist with training on integration into our discretionary platform.

Benefits

• bonuses
• flexible benefits
• competitive compensation
• commissions
• stock where applicable
• Leaders who support your development through coaching and managing opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed