Alternative Investment Product Consultant
RBC
Turn this role into an interview — a resume and cover letter built around what this employer wants.
Benefits offered by this job
Job summary
RBC Wealth Management-US is expanding its Alternative Investments Product team in Minneapolis. The role focuses on accelerating advisor and client adoption of alternative strategies via direct advisor support, product expertise, and collaboration with divisional sales consultants.
The position requires at least 5 years in financial markets with exposure to alternatives, strong Salesforce skills, and willingness to travel up to 10%.
Qualifications
- Minimum 5 years of financial markets experience, with a preference for alternative investments and distribution in wealth management.
- Experience with alternative investments across drawdown and evergreen structures with ability to explain benefits/risks to advisors.
- Proficient with data manipulation and modeling, including Salesforce and ability to adapt to AI tools.
- Strong customer service orientation and interpersonal skills; collaborative problem solving.
- Ability to travel up to 10% of the time and to work at RBC’s US Wealth Management headquarters in Minneapolis 4 days/week.
- Licensing: securities licenses 7, 63, 65, or 66 or willingness to become licensed within 30–60 days.
Responsibilities
- Drive growth in platform assets through engagement with the alternative investment team and RBC Financial Advisors.
- Educate advisors on benefits/risks of alternative investments; provide expert advice on strategies, funds, and terms.
- Attend regional and national RBC events to share knowledge on RBC’s alternative investments.
- Maintain CRM data with daily interactions, notes, and client follow-ups.
- Route advisor inquiries to relevant support functions and become SME on platform tools and literature requests.
- Develop presentations and marketing materials; maintain a handbook of platform offerings on intranet.
Skills
Tools
Job description
Opportunity to join a fast growing business line within RBC Wealth Management-US, reporting to the Director of Alternative Investment Strategy.
What is the opportunity?
Opportunity to join a fast growing business line within RBC Wealth Management-US, reporting to the Director of Alternative Investment Strategy.
The Alternative Investments Product Consultant will be an integral member of alternative investment product team, responsible for accelerating advisor and client adoption of alternative investment strategies through direct advisor support and interaction, product advice and expertise, and consistent collaboration with our divisional sales consultants and internal alternative investment product team.
- This position will drive growth in platform assets primarily through direct and regular engagement with the alternative investment team, alternative investment divisional consultants, and RBC Financial Advisors.
- Respond to financial advisor requests and work in partnership with the divisional sales consultants to educate advisors on the benefits and risks of alternative investments, and to offer expert advice and information on specific strategies, funds, modeling, and terms relative to potential and current client cases.
- Attend regional and national RBC events in support of divisional alternative investment consultants to share knowledge and updates around RBC’s alternative investment consultants.
- Conduct inbound and outbound calls and virtual meetings with Financial Advisors. Maintain CRM (Salesforce) data by tracking daily interactions, meeting notes, and client case follow-ups.
- Attend to the team hotline and shared inbox to ensure advisor requests are responded to in a timely matter as a subject matter expert on alternative investments on RBC’s platform. Facilitate routing of advisor inquiries to relevant support functions. Gain expertise on business practices and procedures in order to respond to advisor questions about advisor training, platform tools and modeling, investor eligibility, and sales literature requests.
- Assist in the development of presentations and other marketing materials for use by divisional consultants and other team members in branch and corporate meetings. Develop, publish, and maintain a handbook of current platform offerings, and maintain other materials on intranet as needed.
- Support planning and content creation for RBC events, including Alts Leaders, Next Levels, and other internal conferences.
- Manage the approval process for fund manager diligence/meeting requests and advisor hosted client seminars. Coordinate branch activities with sponsors, including external sponsor events and roadshows. Maintain wholesaler maps for sponsors and connect advisors and divisional consultants to in-market sponsor representatives.
- Attend recruit meetings to speak on the merits and processes for RBC’s alternative investment platform. Develop and maintain sales reporting, including tracking of fundraising activities and milestones, sales activities and wins, and sales metrics relative to established divisional targets. Support Salesforce case management in collaboration with divisional sales consultants.
- Minimum 5 years of financial markets experience, with a preference for alternative investments and distribution in wealth management.
- Working knowledge of alternative investment universe across drawdown and evergreen structures (with some combination or exposure to private equity, private credit, real estate, infrastructure and hedge funds), and ability to speak to the key benefits and risks with advisors.
- Proficient with data manipulation and modeling, including Salesforce and ability to adapt to changing technology (including AI tools and agents)
- Strong customer service orientation and interpersonal skills with a desire to share knowledge with a wide variety of team members, and strategic problem-solving skills
- Ability to travel up to 10% of the time
- Ability to work at RBC’s US Wealth Management headquarter office in Minneapolis for at least 4 days per week
- Securities industry licenses 7, 63 and 65, or series 66; or willingness to become licensed within 30-60 days of hire.
- Sales, marketing, and/or business development experience
- Experience within private wealth and/or broker-dealer who has an alternative investment platform.
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
- 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
The expected salary range for this particular position is $70,000-$130,000, 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
Commercial Acumen, Critical Thinking, Financial Planning and Analysis (FP&A), Group Problem Solving, Interpersonal Relationship Management, Product Services
250 NICOLLET MALL:MINNEAPOLIS
Minneapolis
United States of America
40
Full time
WEALTH MANAGEMENT
Regular
Salaried
2026-08-25
2026-09-30
Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com
'/%3e%3cpath%20d='M101.744%2012.4726L102.894%2016.1947L99.0021%2013.2201L101.744%2012.4726ZM105.3%208.40937H100.488L99.0026%203.59473L97.5116%208.41047L92.7%208.40385L96.5965%2011.3834L95.1055%2016.1942L99.0021%2013.2196L101.408%2011.3834L105.3%208.40992V8.40937Z'%20fill='white'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_5593_1381'%20x1='90'%20y1='9.44471'%20x2='99'%20y2='9.44471'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%2300AD70'/%3e%3cstop%20offset='0.998594'%20stop-color='%2300B67A'/%3e%3cstop%20offset='1'%20stop-color='%23DCDCE6'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e){kind=small}
