Senior Investment Associate

Royal Bank of Canada•Rockford, IL

About The Position

Join RBC Wealth Management’s growing team and use analytical and communication skills and industry knowledge to help clients reach their financial goals and plan for the future. The Senior Investment Associate works closely with one or more Financial Advisors (FAs) to grow their business, educate clients about products and services, monitor client activity and performance, communicate investment strategy, and gather information for wealth planning. RBC offers training, development, and learning resources to support career progression. The role involves client prospecting and business development, delivering attentive client service, researching investments, processing trades and accounts, resolving complex account issues, and supporting branch colleagues through training, coaching, and mentoring. The position is based at 2215 Perry Green Way in Rockford, Illinois, and is full-time, salaried, with a 40-hour workweek. The expected salary range is $50,000–$80,000, depending on experience, skills, registration status, market conditions, and business needs. The employee may also earn discretionary variable compensation based on business performance and individual goals. RBC provides a comprehensive Total Rewards Program, including competitive compensation and flexible benefits.

Requirements

At least 5 years of Registered Client Associate experience or related industry experience.
Series 7 and Series 66, or Series 63 and Series 65, plus state licenses; or the ability to promptly become registered in states consistent with those of the Financial Advisor.
Advanced understanding of the stock market, investments, and retirement plans.
Working knowledge of fixed income products, equities, mutual funds, insurance, annuities, and applicable compliance rules and regulations.
Computer proficiency.
Strong customer service skills and the ability to maintain and build relationships.
Attention to detail.
Outstanding written and verbal communication skills.
Problem-solving skills and the ability to manage multiple demands in a fast-paced, deadline-oriented environment.

Nice To Haves

Bachelor’s degree.
Salesforce experience.
Knowledge of Money Guide Pro planning software.

Responsibilities

Partner with Financial Advisors to prospect for new clients through cold calling, referrals, mailings and marketing materials, presentations, and networking forums.
Identify business development opportunities to increase revenue, enhance client relationships, and streamline day-to-day processes.
Understand clients’ needs, investment objectives, risk tolerance, and financial situations, and respond promptly to provide a high level of service.
Research and review investments to meet clients’ investment goals.
Enter trades, open new accounts, and gather assets.
Research complex account problems and deliver effective, acceptable resolutions.
Act as a branch resource by assisting others with training, coaching, and mentoring.