What is the opportunity?

As a key member of the RBC Phillips, Hager & North Investment Counsel (RBC PH&N IC) team, you will help build and manage our premier investment counselling franchise. You will provide leadership and guidance on processes related to the management of client investment portfolios, including client discovery, Investment Policy Statement (IPS) suitability, asset allocation, portfolio construction, risk alerts, and performance. You will support the Managing Director and will be accountable for upholding high standards of governance, while at the same supporting Investment Counsellors in delivering tailored and exceptional service to high-net-worth clients. A key focus of the role will be to leverage and enhance the firm’s processes to facilitate the quick identification and mitigation of business risks.

What will you do?

• Proactively participate in regional/national projects that seek to continuously improve portfolio management.
• Conduct pre-approval reviews of all IPS' within 12 hours of receipt.
• Act as a key liaison between Investment Counsellor teams and Portfolio Risk Advisors.
• Review the weekly Portfolio risk dashboard, working collaboratively with each Investment Counsellor team to establish and implement resolution plans.
• Ensure Investment Counsellor teams are kept current on changing policies and procedures.
• Disseminate best practices with regards to portfolio management and trading systems: MACs, Burton, FMC.
• Act as a key resource for Investment Counsellors and Associate Portfolio Managers regarding complex files based on a good understanding of portfolio theory, the tax and regulatory environment, and related wealth management considerations.
• Maintain mandatory governance reporting such as ensuring client reviews are documented at least one a year.
• Conduct quarterly office audits within the region and prepare subsequent audit report for the Managing Director’s review.

What do you need to succeed?

Must-have

• CFA charterholder or Level III candidate in the CFA Program
• University degree, preferably in Business or Economics
• Bilingualism (English and French) required, as you will regularly do business with RBC partners and/or employees across Canada with English and French speaking needs
• Minimum of 5 years of professional experience in the investment industry
• Ability to communicate market and portfolio management issues with confidence
• Strong understanding of the regulatory environment
• Strong independent leadership and change management skills

Nice-to-have

• Experience with Canadian Wealth Management operating systems, an asset

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, including bonuses, flexible benefits, and competitive compensation
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work

Job Skills

Additional Job Details

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

Our Employment Opportunities

At 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.

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.