Investment Strategist Job at Royal Bank of Canada, Minneapolis, MN

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  • Royal Bank of Canada
  • Minneapolis, MN

Job Description

Job Description

What is the opportunity?

As an Investment Strategist in our Portfolio Advisory Group (PAG), you will be responsible for enabling RBC US Wealth Management’s (USWM) Financial Advisors by delivering consistent investment advice and solutions to their clients with the highest level of competency and confidence. Specifically, the Investment Strategist will work alongside the Multi-Asset Portfolio Strategist, Wealth Strategist, and other internal teams on developing, coordinating, and executing high-net-worth (HNW) capabilities and empowering Financial Advisors with better capabilities around personalized investment plans for our clients.

What will you do?

Advisor Support and Client Engagement: Participate in activities to ensure the successful development, execution, and promotion of USWM HNW capabilities.

  • Collaborate with financial advisors, acting as a primary point of contact for PAG for HNW.
  • Responsible for providing high-touch service, on-going comprehensive investment advice and guidance
  • Activities will be related to all aspects of investment advice including bespoke asset allocation, investment policy statement development, investment selection, risk management, and ongoing portfolio reviews
  • Coordinate with other internal wealth strategists and partners to ensure a holistic, unified team approach to relationships
  • Design complex investment solutions in accordance with HNW client’s investment objectives including income, charitable giving, and tax-efficiency  
  • Create and implement a proactive service model for managing relationships
  • Gather, organize, and prepare investment presentations for HNW client meetings
  • Perform client portfolio reviews on a regular basis in conjunction with or on direction of the financial advisor or other internal partners
  • Strong understanding of the dynamics and intricacies of the global markets, and the ability to assess risk and opportunity across asset classes (e.g., fixed income. equity, and private alternatives)
  • Stay current on market trends to make informed investment decisions

Work with internal investment committee members to analyze the current economic and market environment to develop and communicate investment views and recommendations.

  • Represent our investment philosophy in client meetings and marketing efforts
  • Communicate market (our cross-asset investment views) and economic perspectives to clients, via client presentations, publications or product-oriented marketing programs
  • Relate key market developments to the positioning within managed portfolios to clients

Assist in the design, implementation, and ongoing enhancement of the firm’s strategic asset allocation framework.

  • Work with internal partners to ensure consistent delivery/knowledge of asset allocation framework – serve as a trusted resource on asset allocation
  • Create educational and marketing materials around the firm’s strategic asset allocation framework including regular client approved commentary on asset allocation and other investment concepts, and provide timely and thoughtful responses to financial advisors seeking advice with respect to asset allocation and multi asset portfolio construction

What do you need to succeed?

Must-have

  • Bachelor’s degree, preferably in Finance or Economics
  • 10+ years financial industry experience
  • 5+ years of experience as an investment strategist or similar role
  • FINRA Series 7 and 66 licenses
  • Previous experience working with financial advisors
  • Exhibits wealth management and investment products expertise including equities, fixed income, and alternative investments
  • Able to listen to client’s needs and make decisions/take actions that help clients achieve their long-term goals
  • Effective problem identification, analytical and resolution skills
  • Ability to distill complex or detailed financial information into key points and a recommendation
  • Knowledge of investment management disciplines such as asset allocation, portfolio construction, risk return analytics, performance measurement and reporting
  • Strong 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 goals

Nice-to-have

  • CFA®, CAIA®, or CFP® designation or working to obtain
  • 2+ years HNW client experience
  • Portfolio management experience
  • Experience in investment performance and risk analysis, particularly as it relates to multi-asset portfolio management
  • Experience recommending and researching private investment opportunities and how they fit into a well-diversified high-net worth portfolio

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 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 $90,000-$160,000, 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

Derivatives, Investment Consulting, Investment Performance Measurement, Investment Risk Management, Investments, Investments Analysis, Long Term Planning, Portfolio Management, Product Services, Risk Control

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:

2025-12-23

Application Deadline:

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

I nclusion and Equal Opportunity Employment

At 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.

Job Tags

Full time, Flexible hours

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