Portfolio Management Assistant Job Kitchener area,Waterloo Ontario Canada,Finance & Banking

Location: Waterloo

Job Description

What is the opportunity?

The Portfolio Management Assistant (PMA) is a role that focuses primarily on supporting the Investment Counsellor in the management of private client portfolios (primarily comprised of pooled funds), relationships, and meetings. It is not an asset selection or analysis role, but an integral role on a small team that manages approximately 120 relationships. This is done through assistance with producing financial plans, portfolio rebalancing per the investment policy statement and preparing/updating Investment Policy Statements.

It requires strong tax and financial planning knowledge, in addition to portfolio management knowledge. The PMA will pro-actively identify, investigate and resolve client inquiries and provide the Investment Counsellor with recommendations for resolution of complex situations, as well as assist in the construction of customized investment strategies, proposals and implement & monitor action plans for new funds and portfolio allocations.

The PMA will enter trades as directed by the Investment Counsellor, and works closely with the Private Client Associate to assist in the administration of client portfolios. Other requirements include being a self-directed individual with excellent organization skills, strong writing and communication, able to handle large volumes of information, interpersonal skills and critical thinking. For more information please visit:

What will you do?

By providing excellence in customer service, you will respond to all client inquiries, update client files as required and prepare client presentation material

You will also be required to prepare meeting material in advance and attend client meetings, if requested

In addition, you will be responsible for drafting correspondence and client newsletters, assisting to prepare financial plans using RBC’s proprietary software and responding to tax related questions from accountants

You will also assist with securities trading as directed by the Investment Counsellor

Additional duties include assisting with Business Development activities by: developing and managing marketing lists, helping with new account presentations, and preparing new prospect proposals

You will also be preparing client Investment Policy Statements from a template, and model, monitor and provide suggestions to rebalance the portfolios

A key component of your responsibilities will also include ensuring that compliance to client mandate and portfolio models are met

Finally, you will assist the Investment Counsellor and the team with any additional ad hoc administrative duties as needed.

What do you need to succeed?

Must Have

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

Experience in Trading

Advanced MS Office skills (Word, Excel, Power Point )

Attention to detail, strong organizational skills, excellent oral and written skills, and technologically savvy

Nice to Have

Tax planning experience

Portfolio Management skills

Successful completion of CSC

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 and flexible benefits, competitive compensation, commissions, and stock where applicable

Challenging work

Variety of assignments

Financial strength and a strong brand

Prestige

Management that supports your work and progression

Job Skills

Additional Job Details

Address:

95 KING ST S:

WATERLOO

City:

Waterloo

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Final date to receive applications:

Note: Applications will be accepted until 11:59 PM on the day prior to the Final date to receive applications date above

Compensation for this position (including salary and discretionary/variable payments) will be determined…