Description
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.
Responsibilities:
- 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 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
Requirements:
- 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
Nice-to-have:
- 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
Benefits:
- A comprehensive Total Rewards Program including 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
Salary: $120,000-$200,000 (New York, San Francisco), $99,000-$176,000 (Chicago, Los Angeles), $90,000-$160,000 (Denver, Minneapolis)