Institutional Portfolio Analyst

RBC Capital Markets, LLC; Minneapolis (MN); On-site; USD 55,000 - 95,000; Full time

Benefits offered by this job

401(k) with company matching

Health, dental, vision, life, and(dis)

Paid time off

Job summary

RBC Capital Markets, LLC in Minneapolis seeks an Institutional Portfolio Analyst to provide accurate investment portfolio data, reconcile portfolios, and manage client billing. You will work with Investment Management and Client Service to ensure timely, precise information flow and issue resolution.

The role emphasizes data accuracy, collaboration, and efficiency, with opportunities to contribute to automation and scalable operations within RBC GAM-US.

Qualifications

• Bachelor's degree, preferably in Finance, Accounting, Economics or related field.
• 1-2 years of financial services industry experience.
• Working knowledge of fixed income and equity securities.
• Proficiency in Microsoft Excel (pivot tables, VLOOKUPs, basic formulas).
• Strong attention to detail.

Responsibilities

• Accurately reconcile investment portfolios - audit accounting data for accuracy and reasonableness, identify and resolve holdings and transactional discrepancies in a timely manner using multiple data sources, and track outstanding issues and ensure resolution.
• Communicate accurate data to the Investment Management and Client Service teams - communicate critical portfolio information to investment management and client service, ensure the flow of time sensitive information and follow through on actionable items.
• Set-up, generate and review client invoices for the firm's management fees using the Revport billing system.
• Contribute to cross-departmental initiatives and work groups. Participate in operational projects focusing on automation, efficiency, and the scalability of Institutional Portfolio Operations services.

Skills

Attention to detail

Client service

Teamwork

Time management

Problem solving

Multi-tasking

Communication

Education

Bachelor's degree, preferably in Finance, Accounting, Economics or related field

Tools

Eagle Investment Systems

Simcorp Dimension

Bloomberg Terminal

Charles River IMS

Electra Reconciliation

TLM Reconciliation

Revport

Job description

Job Description

As an Institutional Portfolio Analyst at RBC Global Asset Management, U.S. you are the key provider of accurate investment portfolio data to RBC GAM-US.Your primary responsibilities encompass three general areas: communication of accurate data to multiple internal groups, accurate investment portfolio reconciliation and the billing of our institutional clients.

What is the opportunity?

As an Institutional Portfolio Analyst at RBC Global Asset Management, U.S. you are the key provider of accurate investment portfolio data to RBC GAM-US.Your primary responsibilities encompass three general areas: communication of accurate data to multiple internal groups, accurate investment portfolio reconciliation and the billing of our institutional clients.

What will you do?

• Accurately reconcile investment portfolios - audit accounting data for accuracy and reasonableness, identify and resolve holdings and transactional discrepancies in a timely manner using multiple data sources, and track outstanding issues and ensure resolution.
• Communicate accurate data to the Investment Management and Client Service teams - communicate critical portfolio information to investment management and client service, ensure the flow of time sensitive information and follow through on actionable items. Organize data from multiple sources in a manner that is accurate and can be efficiently interpreted by end-user teams. Notify Investment Teams of portfolio cash balances and pending cash needs.
• Set-up, generate and review client invoices for the firm's management fees using the Revport billing system.
• Contribute to cross-departmental initiatives and work groups. Participate in operational projects focusing on automation, efficiency, and the scalability of Institutional Portfolio Operations services.

What do you need to succeed?

Must-have

• Bachelor's degree, preferably in Finance, Accounting, Economics or related field
• 1-2 years of financial services industry experience
• Working knowledge of fixed income and equity securities
• Strong attention to detail
• Self-starter that is client services and solutions oriented. Ability to work effectively both individually and as part of a team.
• Strong problem solving and strategic thinking skills and capable of meeting tight timelines under high pressure situations with the ability to prioritize and multi-task.
• Excellent time management skills and the ability to independently manage competing priorities.
• Proficiency in Microsoft Excel (e.g., pivot tables, VLOOKUPS, basic formulas)

Nice-to-have

• 2-3 years of Fund Accounting and/or portfolio analysisexperience in the asset management industry
• Working knowledge of various technology platforms:
• Eagle Investment Systems
• Simcorp Dimension
• Bloomberg Terminal
• Charles River Investment Management Solutions
• Electra Reconciliation
• TLM Reconciliation
• Revport

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 $55,000-$95,000, 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

Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

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: 2026-09-03

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

Our Employment Opportunities

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.