Strategic Portfolio Implementation Specialist

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 long

Disability insurance & paid time off

Job summary

RBC Capital Markets, LLC in Minneapolis seeks a Portfolio Implementation Analyst to manage day-to-day portfolio model execution, trading processes, and client service across internal and external model providers. The role focuses on risk management, accuracy, and timely execution within a dynamic wealth management environment.

You will support onboarding, asset allocations, rebalancing, cash flows, and risk monitoring while coordinating with multiple stakeholders.

Qualifications

• 3–5 years of securities and financial markets experience focused on portfolio administration or trading support.
• Bachelor's degree in Finance, Economics, Business Administration or related field.
• Series 7, 63/65 or 66 (or ability to obtain licenses within prescribed timeframe).
• Strong understanding of broker/dealer industry, distribution channels, and portfolio rebalancing.
• Experience with Envestnet or similar portfolio accounting systems.
• Experience with equities, fixed income, mutual funds and ETFs.
• Experience working with sub-advisors within a multi-manager offering.
• Advanced Excel and Access skills; strong business math.

Responsibilities

• Assist with onboarding of internal/external model providers.
• Interact with model providers to ensure timely model portfolio change processing.
• Coordinate smooth communications and data exchange with providers.
• Help optimize trading process while reducing risk and errors.
• Support day-to-day portfolio management and trade processing.
• Implement new account asset allocations and investment fulfillment.
• Monitor client constraints and guidelines.
• Account re-balancing and updates per model providers.
• Facilitate cash flows, contributions and withdrawals.
• Monitor asset allocation guidelines and model drift.
• Monitor corporate actions and reorganizations for timely implementation.
• New account processing and approval; terminated account processing.
• Assist and review portfolio risks.
• Research dispersion; coordinate trade error correction.

Skills

Portfolio administration

Portfolio management

Trading support

Excel

Access

Broker-dealer knowledge

Envestnet experience

Equities fixed income ETFs

Sub-advisors experience

Financial math

Licensing knowledge (Series 7/63/65/66

Education

BA/BS in Finance, Economics, Business Admin or related

Tools

Envestnet

Job description

RBC Capital Markets, LLC in Minneapolis seeks a Portfolio Implementation Analyst to manage day-to-day portfolio model execution, trading processes, and client service across internal and external model providers. The role focuses on risk management, accuracy, and timely execution within a dynamic wealth management environment.

You will support onboarding, asset allocations, rebalancing, cash flows, and risk monitoring while coordinating with multiple stakeholders.