Portfolio Management Assistant

About the role

RBC Wealth Management in Toronto is looking for a Portfolio Management Assistant (PMA) to support an Investment Counsellor in managing private client portfolios, mainly pooled funds, client relationships and meetings. The role is not an asset selection or analysis position but an integral part of a small team, focused on financial planning, portfolio rebalancing and Investment Policy Statements.

Key responsibilities

• Proactively identify, investigate and resolve client inquiries, and recommend solutions to the Investment Counsellor for complex situations
• Enter trades as directed by the Investment Counsellor and work with the Private Client Associate on portfolio administration
• Update client files, respond to client inquiries and prepare client presentation material and meeting materials in advance
• Draft correspondence and client newsletters, and assist in preparing financial plans using RBC's proprietary software and answering tax-related questions from accountants
• Prepare client Investment Policy Statements from templates and models, and suggest portfolio rebalancing
• Ensure compliance with client mandates and portfolio models
• Assist business development by managing marketing lists, helping with new account presentations and preparing prospect proposals
• Handle ad hoc administrative duties for the Investment Counsellor and the team

Required profile

• Minimum of 2 years in a client-facing role in a financial institution, including financial planning
• University degree
• Completion of either CIM or CFA Level 1, PFP or CFP
• Trading experience
• Nice to have: tax planning experience, portfolio management skills, successful CSC completion

Required skills

• Advanced MS Office (Word, Excel, PowerPoint)
• Strong organization, attention to detail and written and oral communication skills

What we offer

• Total rewards program with bonuses, flexible benefits, competitive compensation, commissions and stock where applicable
• Variety of assignments and a strong brand
• Management that supports work and progression

The posting is open to future vacancies; applications are accepted until 11:59 PM the day before the deadline.