Associate Portfolio Manager, Fixed Income

What is the opportunity?

In your role as an Associate Portfolio Manager, you will be a member of the PH&N Fixed Income Team in Vancouver, part of RBC Global Asset Management (RBC GAM). Your responsibilities will include broad macroeconomic, interest rate and portfolio construction related research, as well as the implementation of investment strategies across numerous fixed income mandates.

What will you do?

• Fixed income analysis applied to interest rate risk, yield curve management, global macroeconomic research and government credit issuers.

• Portfolio construction analysis and decision making, in conjunction with Senior Portfolio Managers on the team, for numerous different fixed income mandates.

• Work directly as a member of the PH&N Fixed Income Team on a day-to-day basis, participating in formal periodic team strategy meetings that provide a forum for the sharing of market knowledge and opinions on fixed income market opportunities and portfolio risk exposures.

• Ongoing monitoring of portfolio investments to determine appropriateness within the overall strategy by reviewing interest rate and curve risks, credit and liquidity risks, relative value analysis, ESG factors, etc.

• Trade execution across government fixed income securities.

• Develop and maintain a network of broker and sell-side trader relationships.

• Work within a broad, high-performing, diverse, multi-disciplinary fixed income team to model and present investment solutions tailored to a wide range of different client types.

What do you need to succeed?

Must Have

• Several years of relevant experience in fixed income portfolio management and macroeconomic related research.

• Highly analytical thinking with strong numeracy skills and attention to detail.

• Strong written and verbal communications skills.

• Preference to work in a dynamic team environment.

• Ability to manage concurrent tasks and activities that can change as markets dictate.

• Capability to perform research independently and summarize results and recommendations to other team members.

• Ability to make decisions under limited time and information constraints.

• A natural curiosity about capital markets and investing.

• Proficient Bloomberg and Excel skills.

Nice to Have

• A degree in Finance, Economics, Engineering, or a field of study that builds a strong background for financial analysis.

• CFA Charter holder or desire and demonstrated aptitude/background to pursue the CFA designation.

• Computer skills including experience in VBA, Python or SQL.

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, flexible benefits and competitive compensation

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, and high-performing team

• Opportunities to do challenging work

• Opportunities to take on greater accountabilities

The expected base salary range for the above position is $130,000 - $140,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs.

This position will be eligible to receive a discretionary/variable incentive payment.

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

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.