Portfolio Risk Associate

What is the opportunity?

As Portfolio Risk Associate, you will be responsible for supporting the day to day risk monitoring of discretionary managed client portfolios within RBC Phillips, Hager & North Investment Counsel, RBC Estate & Trust Services and RBC Private Counsel USA. You will support our Portfolio Risk Advisor through report generation, data management as well as direct communication with Investment Counsellors and Portfolio Managers on specific risk matters.

For more information, please visit: https://www.rbcwealthmanagement.com/en-ca/phn

What will you do?

• Manage the timely and accurate preparation of a number of internal and regulatory reports.

• Maintain key databases supporting the portfolio risk monitoring process in areas including custom rules, bond credit ratings, security classification and market capitalization.

• Support the production and ongoing development of management reporting for all business lines to ensure timely and relevant reporting of key risk issues.

• Review and approve Investment Policy Statements.

• Oversee employee trade monitoring including contacting employees in regard to trade violations and responding to requests for trade approvals.

• Proactively contact ICs on specific risk issues to advise of and obtain a resolution.

• Your primary contacts will be with the following: Portfolio Risk Advisors, Operations and Technology, Compliance and Trade Surveillance, RBC GAM Trading and Portfolio Modelling and Investment Counsellor teams

What do you need to succeed?

Must Have

• Undergraduate degree

• Strong interpersonal skills with ability to communicate and partner effectively with front office professionals on key risk issues.

• Understanding of capital markets in particular as it relates to trading, settlement and corporate actions.

• High level of skill in the use of MS applications Excel and Access

• Exceptional attention to detail

Nice to Have

• Experience in a private client discretionary role providing a high level understanding of portfolio construction as it relates to Ultra High Net Worth/High Net Worth private clients

• Familiarity with RBC Wealth Management systems such as Broadridge BPS, ServiceLink, ClientSource, ClientLink, FMC and MACS

• Completion of industry investment courses (CIM, CSC) considered a plus.

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

• 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

• Flexible work/life balance options

• Opportunities to do challenging work

• Opportunities to take on progressively greater accountabilities

• Access to a variety of job opportunities across business and geographies

Job Skills

Additional Job Details

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