Philanthropic Advisory Specialist

RBC - Royal Bank; Montreal; On-site; CAD 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a Philanthropic Advisory Specialist to provide strategic advice to high-net-worth clients. This role involves developing philanthropic strategies, delivering customized presentations, and collaborating with various stakeholders to enhance client experiences. You will play a pivotal role in shaping the RBC Charitable Gift Program and guiding clients in their philanthropic journeys. If you are passionate about philanthropy and have a strong background in wealth planning, this opportunity offers a chance to make a significant impact while working in a dynamic and supportive environment.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Coaching and development opportunities

Dynamic and collaborative team environment

Ability to make a lasting impact

Qualifications

• 10+ years of experience in Accounting, Tax law, Wealth planning, or Philanthropy.
• Strong knowledge of charitable giving strategies and trends.

Responsibilities

• Provide strategic philanthropy wealth planning for HNW and UHNW clients.
• Develop customized philanthropic strategies leveraging Canadian tax rules.

Skills

Philanthropy

Relationship Management

Tax Law

Wealth Planning

Bilingualism (English and French)

Consulting

Education

University Degree

Professional Designation (CPA, LL.B, JD, TEP, MFA-P)

Master's Degree in Tax

Job description

RBC Family Office Services is seeking a highly motivated and skilled Philanthropic Advisory Specialist to provide strategic advice and guidance to HNW and UHNW clients in developing their family philanthropic and legacy plans. You'll play a crucial role in championing the RBC Charitable Gift Program and shaping its strategic vision and direction, charting a path for continued growth, enhancing the client experience, and acting as a voice of philanthropy for RBC Wealth Management Canada. You'll work as a partner of the client's RBC Wealth Management advisor to better understand the client's philanthropic goals and objectives and provide solutions expertise.

What will you do?

1. Strategic philanthropy wealth planning for HNW and UHNW individuals and business owners.
2. Self-source new philanthropy wealth planning engagements through a combination of in-person and virtual activities such as branch and client event presentations, building relationships with COIs and RBC advisors. Partner and follow up on opportunities identified by RBC advisors and Family Office Services tax, legal, business owner, and financial planning specialists.
3. Review the client's current situation considering their short- and long-term goals, and develop philanthropic strategies and solutions that leverage your understanding of Canadian tax rules and issues unique to privately owned entities, entrepreneurs, and high net worth individuals.
4. Deliver a customized memo or PowerPoint presentation summarizing strategies and discussions that may be provided by the client to their accountant or lawyer to facilitate implementation of recommendations (flexibility to meet with trusted external advisors, as required).
5. Identify emerging trends in philanthropy and across the national donor-advised fund landscape and contribute to the development and refinement of the strategic vision and long-term goals for the RBC CGP in alignment with Wealth Management Canada's mission, values, and goals.

What do you need to succeed?

Must Have

• University degree
• 10+ years of related experience in areas such as Accounting, Tax law, Wealth planning, or Philanthropy
• Strong knowledge and technical proficiency related to charitable giving strategies, issues, and trends
• Bilingualism (English and French) required, as you will regularly do business with partners across Canada
• Exceptional relationship management skills to build deep, trusted partnerships with target clients
• Exceptional ability to collaborate and partner with colleagues at all levels across a global matrix organization
• Flexibility to travel locally and across Eastern Canada when required, when in-person work is best suited for our clients, teams, and people.

Nice to Have

• Professional designation in a related area (such as CPA, LL.B, JD, TEP, MFA-P)
• Master Degree in Tax or Completion of Levels I, II, and III of the CPA In-depth Tax Course is considered an asset
• Strong understanding of responsible investing and social impact of investing

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
• 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

Job Skills

Cash Management, Competitive Markets, Consulting, Customer Service, Customer Service Management, Decision Making, Interpersonal Relationship Management, Investment Management, Investment Risk Management, Results-Oriented