Alternative Investment Product Analyst
RBC · Minneapolis, United States · 12d ago
Job Description
Job Title: Product Analyst, Alternative Investments
What is the opportunity?
The Alternative Investments product team serves as the primary platform support for alternative investment products (e.g. hedge funds, private capital funds, real assets, and exchange funds, etc.) sold across the RBC Wealth Management distribution channel. Assists in the development, support, growth, and risk management of RBC Wealth Management’s alternative investments platform(s). Assists in the management of key strategic initiatives and vendor relationships designed to support alternative investments platform(s). This role is directly aligned to functional and organizational responsibilities around client service and operational risk management. The role of Product Associate aligns directly to the RBC Wealth Management overall strategy.
What will you do?
- Support financial advisors and client associates with questions related to the alternative investments platform by answering questions, assisting with order flow and solutioning “not in good order” documents.
- Monitor alternative investment product inbox and action on emails, completely, accurately and timely.
- Assist with routine and ad-hoc administrative activities, including security setup, information collection, fund legal documents monitoring, and billing
- Assist in management of internal web sites related to supported alternative platform(s), including Infonet, AltsLink and Salesforce.
- Support the Alternatives Product Manager on projects required to ensure compliance with regulators, competitiveness, and advisor satisfaction.
- Assist in development and execution of key strategic initiatives, particularly with regards to alternatives
- Identify appropriate solutions to product and business challenges, and manage the implementation of enhancements to existing programs
What do you need to succeed?
Must Have
- Undergraduate degree (BA / BS) with preferred concentration in business, economics, finance, or marketing.
- Basic knowledge of financial markets and investment industry.
- Basic knowledge of alternative investment products
- Proficient with Microsoft Office and Excel Spreadsheet – Ability to adapt to changing technology
Nice to Have
- 1+ years financial markets experience
- Securities industry licenses 7, 63 and 65, or series 66; or willingness to become licensed.
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
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
Job Skills
Business Intelligence (BI), Commercial Acumen, Financial Planning and Analysis (FP&A), Group Problem Solving, Long Term Planning, Product ServicesAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.