Associate Investment Counsellor

RBC - Royal Bank; London; On-site; CAD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking an Associate Investment Counsellor to work alongside experienced professionals in crafting tailored investment strategies for high-net-worth clients. This role offers a unique opportunity for mentorship and skill development, preparing you for a transition to a full Investment Counsellor role within two years. You will engage in client meetings, manage portfolios, and ensure compliance with industry standards. Join a dynamic and collaborative team that values growth, development, and making a positive impact in the community. If you are passionate about finance and client service, this position is an excellent fit for you.

Benefits

Comprehensive Total Rewards Program

Flexible benefits

Competitive compensation

Bonuses and commissions

Stock options

Leadership development opportunities

Collaborative team environment

Opportunities for career advancement

Qualifications

• Strong communication skills to discuss investment and financial issues.
• University degree in Business or Economics is essential.

Responsibilities

• Develop and execute a business plan to enhance client relationships.
• Monitor and manage client portfolios in line with investment strategies.

Skills

Client acquisition skills

Communication skills

Investment knowledge

Financial analysis

Education

University degree in Business or Economics

Job description

A member of RBC Phillips, Hager & North Investment Counsel, the Associate Investment Counsellor (AIC) works with experienced Investment Counsellors (IC) to construct customized investment strategies for high-net-worth (HNW) individuals, trusts, and charitable foundations. The AIC is responsible for assisting ICs in implementing the strategy and managing and monitoring the client portfolios on an ongoing basis. Under the mentorship of an IC, the AIC must exhibit client acquisition skills and the ability to actively close HNW target prospects. The ultimate purpose of this role is for the AIC to develop the necessary skills to transition to the role of IC over a two-year period.

What will you do?

1. Develop internal and external referral networks
2. Develop and execute a business plan
3. Develop, document, and maintain a profile for each client including next steps to increase and solidify relationships
4. Attend client meetings as required, including prospect and annual review meetings
5. Implement action plans and proactively manage client portfolios; monitoring and rebalancing portfolios ensuring consistency with Investment Policy Statements and portfolio risk management strategies and policies
6. Act as primary contact for clients with respect to questions and inquiries regarding their portfolios
7. Ensure that all actions taken meet RBC Phillips, Hager & North Investment Counsel and industry compliance requirements

What do you need to succeed?

Must Have

1. University degree, preferably in Business or Economics
2. Ability to communicate with clients about investment, economic, financial, and taxation issues
3. Exceptional written and verbal communication skills

Nice to have

1. Minimum of 5 years of professional experience within the investment industry
2. CFP certification

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 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

Opportunities to take on progressively greater accountabilities

Opportunities to build close relationships with clients