Alternative Investment Strategist

Job description

Job Duties

nJob Description

nWhat is the opportunity?

nAs 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.

nWhat will you do?

nResponsible for internal and external publications about the alternatives market

nOrganize and participate in webcasts focusing on alternatives topics and market outlook

nCollaborate with Marketing to support alternatives campaigns and enhance website content

nCollaborate with the U.S. Investment Committee and Global Portfolio Advisory Committee members to formulate market views across various alternative asset classes

nAssist UHNW advisors or other internal partners in review of client portfolios and allocations with specific focus on alternatives

nCreate and implement a proactive service model for managing relationships

nStay current on emerging trends in the alternatives market to make informed investment recommendations

nCreate an actionable investment framework within the alternatives market to help advisors and clients understand risks and opportunities

nCommunicate market (our cross-asset investment views) and economic perspectives to clients, via client presentations, publications or product-oriented marketing programs

nRelate key market developments to the positioning within managed portfolios to clients, specifically within alternative asset classes

nResearch model portfolio development that includes alternative investments

nWhat do you need to succeed?

nMust-have

nBachelor's degree, preferably in Finance or Economics

n10+ years' financial industry experience

n5+ years' experience as an investment strategist or similar role

nSeries 7 & 66 licensed or ability to obtain in 180 days

nPrevious experience working with financial advisors

nKnowledge of complex investment structures and esoteric investments

nExhibits wealth management and investment products expertise

nAble to listen to client's needs and make decisions/take actions that help clients achieve their long-term goals

nEffective problem identification, analytical and resolution skills

nAbility to distill complex or detailed financial information into key points and a recommendation

nKnowledge of investment management disciplines such as asset allocation, portfolio construction, risk return analytics, performance measurement and reporting

nStrong 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

nNice-to-have

nCFA, CAIA, or CFP designation or working to obtain

n2+ years HNW client experience

nPortfolio management experience

nExperience in investment performance and risk analysis, particularly as it relates to multi-asset portfolio management

nExperience recommending and researching private investment opportunities and how they fit into a well-diversified high-net worth portfolio

nWhat's in it for you?

nWe 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.

nA 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.

nLeaders who support your development through coaching and managing opportunities.

nAbility to make a difference and lasting impact.

nWork in a dynamic, collaborative, progressive, and high-performing team.

nOpportunities to do challenging work.

nOpportunities to build close relationships with clients.

nThe 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.

nYou 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.

nRBC'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:

nDrives RBC's high-performance culture

nEnables collective achievement of our strategic goals

nGenerates sustainable shareholder returns and above market shareholder value

nJob Skills

nActive 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

nAdditional Job Details

nAddress:

n250 NICOLLET MALL:MINNEAPOLIS

nCity:

nMinneapolis

nCountry:

nUnited States of America

nWork hours/week:

n40

nEmployment Type:

nFull time

nPlatform:

nWEALTH MANAGEMENT

nJob Type:

nRegular

nPay Type:

nSalaried

nPosted Date:

n nApplication Deadline:

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

nOur Employment Opportunities

nAt RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

nJoin our Talent Community

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nExpand 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 jobs.rbc.com.

nRBC 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.

nRBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.

nMinimum Education Required

nBachelor Degree

nMinimum Experience Required

n10 - 20 years

nShift

nFirst (Day)

nNumber of Openings

n1

nPublic Transportation Accessible

nYes

nVeterans Encouraged to Apply

nYes

nPhysical Required

nYes

nDrug Test Required

nYes

nCompensation

n$11.41 / Hourly

nPostal Code

n55401

nJob Type

nFull Time

nPlace of Work

nOn-site

nRequisition ID

nRBCAA0088R EXTERNALENCA

nJob Benefits

nNot specified

Worksite address

minneapolis, MN, 55400, US

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.