Portfolio Advisor

What is the opportunity?

As a Portfolio Advisor, you will join the U.S. 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 through portfolio management, service and support, and thought leadership. The U.S. Equities team manages six Guided Portfolios across key public equity investment factors such as dividends, growth, core, value, and international. The team is also a significant service and support touchpoint for Advisors' book of business invested in public equities. As a Portfolio Advisor, you will provide professional portfolio management on the Guided Portfolios, plus service and support to RBC advisors relating to equity securities. You will play an important role in equity portfolio management solutions and maintaining visibility with our Advisors.

What will you do?

• Conduct research on individual companies and collaboratively work with team members on portfolio investments.
• Process a wide-array of research, news, reports, investment publications and company/analyst meetings to form independent investment opinions with due consideration to risks.
• Support the team's investment thoughts through direct communications with RBC advisors, written commentary, and conference call participation.
• Provide proactive service with timely and thoughtful responses to RBC advisors seeking advice with respect to equity securities.
• Participate in presentations to RBC advisors through the team's daily morning call, general conference calls and branch visits.

What do you need to succeed?

Must-have

• Professional experience investing in or analyzing equities.
• 7+ years direct industry experience in financial services with 5-7 years in portfolio management or equity research. Demonstrated investment knowledge of the capital markets and global economy.
• Strong understanding of the intricacies of the equity markets and equity portfolio management.
• Ability to collaborate with team members on portfolio management that reflect the views of the group and adhere to the investment mandate.
• Excellent interpersonal, oral, written and presentation skills.
• Strong and visible sense of judgement and confidence in knowledge of the market and ability to offer sound advice.
• 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.
• Ability to generate unique ideas and analysis using disparate information to incorporate into an investment decision.
• Required Licensing: Series 7, 63 or 66, or ability to obtain within 180 days.

Nice-to-have

• Combination of MBA and CFA, or possess one designation while in the process of obtaining the other.
• Ability to understand the Financial Advisor's business and identify themes and issues that can have an impact on their business.
• Experience working as part of a geographically diverse team.
• Working knowledge of analytical and market research tools including Morningstar, 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 $70,000-$130,000, 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

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.