Senior Financial Associate

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

Benefits offered by this job

401(k) with company-matching

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Paid time off

Job summary

RBC Wealth Management in Saint Paul seeks a Senior Financial Associate to join a large producing team and grow the FA Team's business. You will operate with limited direction on behalf of the FA Team, delivering trusted advice to clients and guiding investment decisions.

You will regularly gather new client accounts, analyze portfolios, and recommend investments that align with objectives, risk tolerance, and regulatory requirements while pursuing growth opportunities.

Qualifications

• 5+ years industry experience.
• Series 7, Series 66 (or 63/65) and State licenses as applicable.
• Strong knowledge of stocks, investments, and retirement plans.
• Understanding of fixed income, equities, mutual funds, and annuities.
• Ability to analyze client portfolios and regulatory requirements.
• Proficient in Microsoft Office.

Responsibilities

• Regularly gather new client accounts and build assets under management for FA Team.
• Analyze client portfolios and recommend investments aligned with objectives and risk tolerance.
• Educate clients by collecting and reviewing financial information and introducing suitable products.
• Monitor client investments and progress using transactions, statements and research.
• Promote growth programs, develop marketing plans for client acquisition and improve sales effectiveness.

Skills

Customer Service

Customer Service Management

Decision Making

Interpersonal Relationship Management

Investment Management

Investment Performance Measurement

Education

Bachelor's Degree

CFP designation

Job description

What is the opportunity?

As a Senior Financial Associate, you will be a key member of a large producing team and will be actively involved in growing and cultivating the FA Team's business. You will have the ability to function independently on behalf of the FA Team with minimal direction.

At RBC Wealth Management, your career progression matters to us. We offer training, development and learning resources so you continue to grow your career in a way that matters to you.

What will you do?

• Regularly gather new client accounts and build assets under management for FA Team.
• Conduct in-depth analyses of client portfolios. Research recommendations, select suitable investments based on client's investment objectives, tolerance for risk, financial capabilities and investment potential. Promptly execute approved transactions.
• Collect and analyze client's financial information to educate new and existing clients; this may include introducing additional products and services.
• Monitor and evaluate clients' investment needs and progress by reviewing transactions, monthly statements, market research and client contact.
• Promote business growth programs and services, develop detailed marketing plans for client acquisition and identify opportunities to improve sales effectiveness for FA Team.

What do you need to succeed?

Must-have

• 5+ years industry experience
• Series 7, Series 66 (or 63/65) and State licenses consistent with those of the FA(s) this person supports
• Excellent understanding of the stock market, investments and retirement plans
• Working knowledge of fixed income products, equities, mutual funds, insurance and annuities
• In-depth knowledge of regulatory policies and procedures and ability to analyze client portfolios
• Advanced computer skills (including Microsoft Office)

Nice-to-have

• Excellent interpersonal, verbal and written communication skills and able to independently manage multiple demands and competing priorities
• Detail orientated, strong analytical and organizational skills and able to work effectively in a fast-paced, deadline-oriented environment
• Bachelor's Degree
• CFP designation preferred

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

Customer Service, Customer Service Management, Decision Making, Interpersonal Relationship Management, Investment Management, Investment Performance Measurement

Additional Job Details

Address: 971 SIBLEY MEMORIAL HIGHWAY:SAINT PAUL

City: Saint Paul

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: WEALTH MANAGEMENT

Job Type: Regular

Pay Type: Salaried

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.