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Job description
Alternatives Investment Strategist
As an Alternatives Investment Strategist for RBC US Wealth Management you will work alongside the Multi-Asset Portfolio Strategist, Wealth Strategists, Alternatives Consultants and other internal teams on developing, coordinating, and executing our alternatives ambitions. The role is part of the Portfolio Advisory Group (PAG). PAG's mandate is to enable RBC-WM financial advisors to consistently deliver investment advice and solutions to their clients with the highest level of competence and confidence and your role will empower financial advisors with thoughts on the asset class and portfolio positioning.
Responsible for internal and external publications about the alternatives market
Organize and participate in webcasts focusing on alternatives topics and market outlook
Collaborate with Marketing to support alternatives campaigns and enhance website content
Collaborate with the U.S. Investment Committee and Global Portfolio Advisory Committee members to formulate market views across various alternative asset classes
Assist UHNW advisors or other internal partners in review of client portfolios and allocations with specific focus on alternatives
Create and implement a proactive service model for managing relationships
Stay current on emerging trends in the alternatives market to make informed investment recommendations
Create an actionable investment framework within the alternatives market to help advisors and clients understand risks and opportunities
Communicate market (our cross-asset investment views) and economic perspectives to clients, via client presentations, publications or product-oriented marketing programs
Relate key market developments to the positioning within managed portfolios to clients, specifically within alternative asset classes
Research model portfolio development that includes alternative investments
Bachelor's degree, preferably in Finance or Economics
10+ years' financial industry experience
5+ years' experience as an investment strategist or similar role
Series 7 & 66 licensed or ability to obtain in 180 days
Previous experience working with financial advisors
Knowledge of complex investment structures and esoteric investments
Exhibits wealth management and investment products expertise
Able to listen to client's needs and make decisions/take actions that help clients achieve their long-term goals
Effective problem identification, analytical and resolution skills
Ability to distill complex or detailed financial information into key points and a recommendation
Knowledge of investment management disciplines such as asset allocation, portfolio construction, risk return analytics, performance measurement and reporting
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
CFA®, CAIA®, or CFP® designation or working to obtain
2+ years HNW client experience
Portfolio management experience
Experience in investment performance and risk analysis, particularly as it relates to multi-asset portfolio management
Experience recommending and researching private investment opportunities and how they fit into a well-diversified high-net worth portfolio
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 $120,000-$200,000, (New York, San Francisco), $99,000-$176,000, (Chicago, Los Angeles), $90,000-$160,000, (Denver, Minneapolis) 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
Active Learning, Adaptability, Alternative Investments, Building Trust, Capital Markets, Client Service, Collaboration, Critical Thinking, Economic Analysis, Effective Written Communication, Fund Analysis, Investment Management, Manager Research, Professional Presentation, Taking Ownership, Teamwork
Address: 250 NICOLLET MALL:MINNEAPOLIS
City: Minneapolis
Country: United States of America
Work hours/week: 40
Employment Type: Full time
Platform: WEALTH MANAGEMENT
Job Type: Regular
Pay Type: Salaried
Posted Date:
Application Deadline: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.