Institutional Portfolio Data & Reconciliation 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

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.