Portfolio Manager

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Manage Royal Bank of Canada (RBC) Rochdale client assets. Develop investment strategies and make investment decisions to achieve clients' investment goals.

• Relationship Management
  • Expand and deepen relationships with financial advisors and clients.
  • Act in a leadership role and as a technical resource for advisors.
  • Ensure advisors are kept abreast of firm and industry developments.
  • Ensure the transition from the sales process to portfolio management is smooth and accurate.
  • Handle advisor and client communication, serving as the central point of the relationship.
  • Prepare client presentations.
  • Communicate regularly with advisors to ensure that investment solutions and services meet their needs, expectations, and specifications.
  • Facilitate and conduct individual meetings and presentations.
  • Operate and represent RBC Rochdale with the highest level of integrity and work ethic.
• Account and Portfolio Management
  • Manage an assigned group of investment portfolios.
  • Work closely with clients and advisors, advising them on strategies to achieve investment goals.
  • Structure investment portfolios and rebalance asset allocation within client’s investment objectives and risk tolerance.
  • Trade implementation and strategic rebalancing for new and existing client accounts.
  • Review the assets in each account periodically to ensure that investments meet the intent and strategies of the client.
  • Manage cash flow, reinvestment and liquidity requirements.
  • Communicate to clients about current market conditions, investment alternatives, asset allocation and portfolio results. Make adjustments to their investment strategies as needed.
  • Attend client meetings.
• Business Development
  • Work with advisors to acquire new business and bring in additional assets from existing clients.
• Investment Strategy/Trading and Research
  • Demonstrate expert knowledge of both internal and external investment solutions.
  • Communicate strategic shifts and changes in the marketplace to clients, advisors, and internal colleagues.
  • Analyze alternative investment and risk scenarios (e.g., relative value, overall investment return, interplay of various asset classes, and comparative return of different markets).
• Risk Management and Compliance
  • Follow appropriate Regulation 9 process.
  • Accurately complete various compliance‑related reporting in a timely manner.
  • Maintain all appropriate training and continuing education requirements for both internal programs and external licenses and certifications.

• Master's Degree
• A minimum of 10 years of investment management experience
• CFA - Chartered Financial Analyst
• FINRA Series 7 and 66 securities credentials

Starting base salary: $122,548 - $208,711 per year. Exact compensation may vary based on skills, experience, and location. This position is eligible for bonus and/or commissions.

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
• Generous 401(k) company matching contribution
• Career Development through Tuition Reimbursement and other internal upskilling and training resources
• Valued Time Away benefits including vacation, sick and volunteer time
• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
• Career Mobility support from a dedicated recruitment team
• Colleague Resource Groups to support networking and community engagement

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged…