Institutional Portfolio Analyst-GAM

Institutional Portfolio Analyst-GAM

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Location : Minneapolis, Minnesota, United States of America

Time Type : Full time

Posted On : Posted 2 Days Ago

Job Requisition ID : R-0000102594

Job Summary

What is the opportunity?

As an Institutional Portfolio Analyst at RBC Global Asset Management, U.S., you are the key provider of accurate investment portfolio data to RBC GAM-US.

Your primary responsibilities encompass three general areas : communication of accurate data to multiple internal groups, accurate investment portfolio reconciliation, and the billing of our institutional clients.

What will you do?

• Accurately reconcile investment portfolios audit accounting data for accuracy and reasonableness, identify and resolve holdings and transactional discrepancies in a timely manner using multiple data sources, and track outstanding issues and ensure resolution.
• Communicate accurate data to the Investment Management and Client Service teams communicate critical portfolio information to investment management and client service, ensure the flow of time-sensitive information, and follow through on actionable items.

Organize data from multiple sources in a manner that is accurate and can be efficiently interpreted by end-user teams. Notify Investment Teams of portfolio cash balances and pending cash needs.

• Set up, generate, and review client invoices for the firm’s management fees using the Revport billing system.
• Contribute to cross-departmental initiatives and work groups. Participate in operational projects focusing on automation, efficiency, and the scalability of Institutional Portfolio Operations services.

What do you need to succeed?

Must-have

• Bachelor’s degree, preferably in Finance, Accounting, Economics, or related field
• 1-2 years of financial services industry experience
• Working knowledge of fixed income and equity securities
• Strong attention to detail
• Self-starter that is client services and solutions oriented. Ability to work effectively both individually and as part of a team.
• Strong problem-solving and strategic thinking skills and capable of meeting tight timelines under high-pressure situations with the ability to prioritize and multi-task.
• Excellent time management skills and the ability to independently manage competing priorities.
• Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUPS, basic formulas)

Nice-to-have

• 2-3 years of Fund Accounting and / or portfolio analysis experience in the asset management industry
• Working knowledge of various technology platforms :
• Eagle Investment Systems
• Simcorp Dimension
• Bloomberg Terminal
• Charles River Investment Management Solutions
• Electra Reconciliation
• TLM Reconciliation
• Revport

What’s in it for you?

• 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

Job Skills

Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address : 250 Nicollet Mall, Minneapolis

City : Minneapolis

Country : United States of America

Work hours / week : 40

Employment Type : Full time

Platform : Wealth Management

Job Type : Regular

Pay Type : Salaried

Posted Date : 2024-10-10

Application Deadline :

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients, and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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About Us

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.

Our success comes from the 84,000+ employees who bring our vision, values, and strategy to life so we can help our clients thrive and communities prosper.

As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.

S., and 34 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments, and employee volunteer activities.

See how at rbc.com / community-social-impact.

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