Associate Wealth Management Banker

What is the opportunity?

The Associate Wealth Management Banker will support RBC US Wealth Management (USWM) field and management in growing the cash and lending business by serving as the key contact for financial advisors and their clients. The role will assist the Wealth Management Banker(s) in building financial advisor and client product awareness and understanding of the full cash management and lending platform of RBC USWM.

• Effectively communicate the importance of incorporating lending and cash management into an advisory practice to financial advisors and clients.
• Assist the Wealth Management Banker(s) to partner with financial advisors to understand their clients, identify and analyze business opportunities, and drive cash management and lending revenue.
• Build cash management and lending product awareness among RBC Financial Advisors.
• Serve as the key relationship manager to client associates for their clients’ cash management and lending needs.
• Be accountable to key performance metrics, including the development and maintenance of a pipeline of opportunities to meet all client and FA targets—such as loan commitments and balances, revenue, units, and advisor participation.
• Have a basic knowledge level of City National Bank (CNB) banking and lending solutions and work with CNB Banking Advisors to create a seamless credit experience across the platform.
• Report key performance metrics to the Divisional Manager, Wealth Management Banking, along with various PCG field management.
• Partner with the Wealth Management Banker(s) to provide FAs and their clients cash management and lending solutions and support.

• 2+ years’ experience at a wealth management firm
• SIE, Series 7 and 63, or ability to obtain within 90 days
• Proven business development experience and strong understanding of cash management and lending products, including bank deposits, certificates of deposit, securities‑based loans, and high‑net‑worth tailored lending products.
• Strong drive to grow a business and hit key performance targets while ensuring products are suitable for clients and properly managing risk to the firm.
• Strong interpersonal skills, including developing relationships with financial advisors and the ability to ask critical questions, anticipate problems/future needs, and take ownership.

• Bachelor’s degree
• Current FINRA licensing
• Business development experience within the cash management and lending space in a wealth management context

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 competitive compensation and flexible benefits, such as a 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 position is $85,000-$145,000, 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 if the business meets its performance targets and you meet your individual goals.

(No specific skills listed)

Address: 1211 6th Avenue, New York
City:
New York
Country:
United States of America
Work hours/week: 40

Employment Type:

Full time
Platform: WEALTH MANAGEMENT
Job Type: Regular

Pay Type:

Salaried

Posted Date:
Final date to receive applications:

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