Portfolio Management Assistant

Job title:

Portfolio Management Assistant

Company

Royal Bank of Canada

Job description

Job Summary Donner des conseils concernant les stratégies en matière de placement et de fiscalité, les valeurs mobilières, les assurances, les régimes de retraite et l’immobilier, ainsi que l’établissement de plans financiers pour les particuliers et les entreprises. S’appuyer sur un ensemble complet de pratiques, de connaissances et d’aptitudes pour réaliser des affectations.Job DescriptionWhat is the opportunity?The Portfolio Management Assistant (PMA) is a role that focuses primarily on supporting the Investment Counsellor in the management of private client portfolios (primarily comprised of pooled funds), relationships, and meetings. It is not an asset selection or analysis role, but an integral role on a small team that manages approximately 120 relationships. This is done through assistance with producing financial plans, portfolio rebalancing per the investment policy statement and preparing/updating Investment Policy Statements. It requires strong tax and financial planning knowledge, in addition to portfolio management knowledge. The PMA will pro-actively identify, investigate and resolve client inquiries and provide the Investment Counsellor with recommendations for resolution of complex situations, as well as assist in the construction of customized investment strategies, proposals and implement & monitor action plans for new funds and portfolio allocations. The PMA will enter trades as directed by the Investment Counsellor, and works closely with the Private Client Associate to assist in the administration of client portfolios. Other requirements include being a self-directed individual with excellent organization skills, strong writing and communication, able to handle large volumes of information, interpersonal skills and critical thinking. For more information please visit:What will you do?By providing excellence in customer service, you will respond to all client inquiries, update client files as required and prepare client presentation materialYou will also be required to prepare meeting material in advance and attend client meetings, if requestedIn addition, you will be responsible for drafting correspondence and client newsletters, assisting to prepare financial plans using RBC’s proprietary software and responding to tax related questions from accountantsYou will also assist with securities trading as directed by the Investment CounsellorAdditional duties include assisting with Business Development activities by: developing and managing marketing lists, helping with new account presentations, and preparing new prospect proposalsYou will also be preparing client Investment Policy Statements from a template, and model, monitor and provide suggestions to rebalance the portfoliosA key component of your responsibilities will also include ensuring that compliance to client mandate and portfolio models are metFinally, you will assist the Investment Counsellor and the team with any additional ad hoc administrative duties as needed.What do you need to succeed?Must HaveMinimum of 2 years in a client facing role in a financial institution, including financial planningUniversity DegreeCompletion of either CIM or CFA Level 1PFP or CFPExperience in TradingAdvanced MS Office skills (Word, Excel, Power Point )Attention to detail, strong organizational skills, excellent oral and written skills, and technologically savvyNice to HaveTax planning experiencePortfolio Management skillsSuccessful completion of CSCWhat’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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicableChallenging workVariety of assignmentsFinancial strength and a strong brandPrestigeManagement that supports your work and progressionJob SkillsAdditional Job DetailsAddress: ROYAL BANK PLAZA, 200 BAY ST:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: WEALTH MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2025-02-20Application Deadline: 2025-03-13Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at .

Expected salary

Location

Toronto, ON

Job date

Sat, 22 Feb 2025 00:10:19 GMT

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