Associate Portfolio Advisor

What is the opportunity?

As an Associate Portfolio Advisor, you will join the US 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 by through investment advice, portfolio management, and thought leadership. The US Equities team manages six Guided Portfolios across key public equity investment factors such as dividend, growth, core, value, and international and is also a significant service and support touchpoint for Advisors' book of business invested in public equity. As an Associate Portfolio Advisor, you will be responsible for providing general analytical support to the team and RBC's Wealth Management Advisors. This is an excellent opportunity to join a high-profile group and start on a path towards building a career in investment management.

What will you do?

• Create the daily morning call (7:45 am) slides from provided team content and contributions
• Compile the morning call report summarizing written content and distribute to RBC Wealth Management Advisors
• Consistently deliver high quality and proactive service for Advisors
• Provide timely and thoughtful responses to Advisors seeking advice with respect to equity securities
• Manage analytical reports and tools for the team and for those made available to Advisors
• Conduct portfolio reviews for clients of Advisors upon request
• Take meeting notes for Investment Committee portfolio meetings
• Conduct investment research on companies, sectors, and the broader economy
• Process a wide array of research, news, reports, investment publications and company/analyst meetings to form independent investment opinions with risk considerations

What do you need to succeed?

Must-have

• Undergraduate degree, preferably in finance, business, or a related field of study
• Prior financial services industry experience
• Demonstrated (internships, career history, school club participation, etc.) interest and curiosity in financial markets and desire to build a career in investment management
• Demonstrated investment knowledge of capital markets and the global economy
• Solid financial analytical skills
• Demonstrated competence using Microsoft Excel
• Excellent interpersonal, oral, written and presentation skills
• Ability to work collaboratively in a team environment
• 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
• Series 7, 63 or 66, or ability to obtain within 180 days

Nice-to-have

• On track to a CFA designation
• Ability to understand the Financial Advisor's business and identify themes and issues that have an impact on their business
• Experience working as part of a geographically diverse team
• Working knowledge of analytical and market research tools including FactSet and Bloomberg

What's in it for you?

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 $55,000-$95,000, 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

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.