Institutional Portfolio Analyst

Job Description What is the opportunity?

As an Institutional Portfolio Analyst at RBC Global Asset Management, U.S. you are the key provider of accurate investment portfolio data to RBC GAM-US.Your primary responsibilities encompass three general areas: communication of accurate data to multiple internal groups, accurate investment portfolio reconciliation and the billing of our institutional clients.

• Accurately reconcile investment portfolios – audit accounting data for accuracy and reasonableness, identify and resolve holdings and transactional discrepancies in a timely manner using multiple data sources, and track outstanding issues and ensure resolution.
• Communicate accurate data to the Investment Management and Client Service teams – communicate critical portfolio information to investment management and client service, ensure the flow of time sensitive information and follow through on actionable items. Organize data from multiple sources in a manner that is accurate and can be efficiently interpreted by end-user teams. Notify Investment Teams of portfolio cash balances and pending cash needs.
• Set-up, generate and review client invoices for the firm’s management fees using the Revport billing system.
• Contribute to cross-departmental initiatives and work groups. Participate in operational projects focusing on automation, efficiency, and the scalability of Institutional Portfolio Operations services.

• Bachelor’s degree, preferably in Finance, Accounting, Economics or related field
• 1-2 years of financial services industry experience
• Working knowledge of fixed income and equity securities
• Strong attention to detail
• Self-starter that is client services and solutions oriented. Ability to work effectively both individually and as part of a team.
• Strong problem solving and strategic thinking skills and capable of meeting tight timelines under high pressure situations with the ability to prioritize and multi-task.
• Excellent time management skills and the ability to independently manage competing priorities.
• Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUPS, basic formulas)

• 2-3 years of Fund Accounting and/or portfolio analysis experience in the asset management industry
• Working knowledge of various technology platforms:
• Eagle Investment Systems
• Simcorp Dimension
• Bloomberg Terminal
• Charles River Investment Management Solutions
• Electra Reconciliation
• TLM Reconciliation
• Revport

• 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 $55,000-$95,000, 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

Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

250 NICOLLET MALL:

MINNEAPOLIS

Minneapolis

United States of America

40

Full time

WEALTH MANAGEMENT

Regular

Salaried