Alternative Investment Strategist

Job Description
What is the opportunity?As an Alternatives Investment Strategist for RBC US Wealth Management you will work alongside the Multi-Asset Portfolio Strategist, Wealth Strategists, Alternatives Consultants and other internal teams on developing, coordinating, and executing our alternatives ambitions. The role is part of the Portfolio Advisory Group (PAG). PAG’s mandate is to enable RBC-WM financial advisors to consistently deliver investment advice and solutions to their clients with the highest level of competence and confidence and your role will empower financial advisors with thoughts on the asset class and portfolio positioning.
What will you do?Responsible for internal and external publications about the alternatives marketOrganize and participate in webcasts focusing on alternatives topics and market outlookCollaborate with Marketing to support alternatives campaigns and enhance website contentCollaborate with the U.
S. Investment Committee and Global Portfolio Advisory Committee members to formulate market views across various alternative asset classesAssist UHNW advisors or other internal partners in review of client portfolios and allocations with specific focus on alternativesCreate and implement a proactive service model for managing relationshipsStay current on emerging trends in the alternatives market to make informed investment recommendationsCreate an actionable investment framework within the alternatives market to help advisors and clients understand risks and opportunitiesCommunicate market (our cross-asset investment views) and economic perspectives to clients, via client presentations, publications or product-oriented marketing programsRelate key market developments to the positioning within managed portfolios to clients, specifically within alternative asset classesResearch model portfolio development that includes alternative investmentsWhat do you need to succeed?Must-haveBachelor’s degree, preferably in Finance or Economics10+ years’ financial industry experience5+ years’ experience as an investment strategist or similar roleSeries 7 & 66 licensed or ability to obtain in 180 daysPrevious experience working with financial advisorsKnowledge of complex investment structures and esoteric investmentsExhibits wealth management and investment products expertiseAble to listen to client’s needs and make decisions/take actions that help clients achieve their long-term goalsEffective problem identification, analytical and resolution skillsAbility to distill complex or detailed financial information into key points and a recommendationKnowledge of investment management disciplines such as asset allocation, portfolio construction, risk return analytics, performance measurement and reportingStrong ability to interact with all levels of staff. Must be able to maintain relationships that will relate to the overall success of the established firm goalsNice-to-haveCFA, CAIA, or CFP designation or working to obtain2+ years HNW client experiencePortfolio management experienceExperience in investment performance and risk analysis, particularly as it relates to multi-asset portfolio managementExperience recommending and researching private investment opportunities and how they fit into a well-diversified high-net worth portfolioWhat’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 include competitive compensation and flexible benefits, such as 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 particular position is $120,000-$200,000, (New York, San Francisco), $99,000-$176,000, (Chicago, Los Angeles), $90,000-$160,000, (Denver, Minneapolis) 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 cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns