What is the opportunity?
- Provide detailed Portfolio Construction analysis on clients overall portfolio and individual strategies.
- Develop well thought-out and supported investment recommendations.
- Improve existing and develop new analytical/productivity tools in order to improve the depth and/or increase the efficiency of analytical output
- Oversee the ongoing external supplier (Clearwater) relationship and manage outsourced production of consolidated investment reports, ensuring timely and accurate delivery.
- Support Head of PCG in all aspects of business related to PCG service offering
- Other duties as assigned and agreed from time to time
What will you do?
Lead the production of written investment reports and presentation materials
- Compose value add comments on the consolidated portfolio and underlying strategies.
- Evaluate performance and suitability of specific investment managers/strategies in the context of the clients’ overall holdings and market conditions, identify gaps and recommend changes as needed
- Lead the integration of the Clearwater capability for providing portfolio reporting, AUM and revenue metrics, and automated invoicing
- Actively contribute to selection, evaluation and ongoing monitoring of investment products and product range to support PCG and other WM clients, including cees.
- Working in conjunction with the broader team, develop new analytical tools to enhance portfolio construction and analysis and manager evaluation capabilities
- Act as a key resource and proactively contribute to the BI Investment Committee, including portfolio construction, analysis and house views implementation across the full range of WM investment solutions
- Provide support in maintaining PCG procedure documents, adding updates as necessary
- Working with marketing, ensure PCG content is current/relevant and maintain the internal website up to date accordingly
- Maintain an in-depth understanding of markets, RBC house views, BI philosophy/product offering & be able to articulate same
- Follow developments in the financial markets to maintain an understanding of both current and anticipated trends across relevant markets and asset classes.
What do you need to succeed?
Must-have
- Ideally MBA or relevant university degree (economics, finance, statistics, mathematics)
- Proficiency in methods of statistical and quantitative analysis
- Exceptional computer proficiency and coding skills with knowledge of programming languages/packages used for statistical analysis (R, Python)
- Quantitative and analytical mindset
Nice-to-have
- CFA designation or progress towards
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.
- Opportunities, building close relationships with colleagues
- Work in a dynamic, collaborative, progressive, and high-performing team
- Ownership and accountability of your work
- Open to considering flexible work/life balance options
About RBC
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.
Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
JOB SUMMARY
City: London
Address: Riverbank House
Work Hours/Week: 35
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Position Level: PL08
Required Travel(%): 0-25
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 02/10/2020
Req ID: 218840
Flexible working options considered e.g. working from home and flexible start / finish times.