Institutional Portfolio Manager – Alternatives
| Company | Royal Bank of Canada |
|---|---|
| Location | Boston, MA, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Expert or higher |
Requirements
- Bachelor’s degree required with 10+ years of relevant experience in the asset management industry
- Deep understanding of the investment management industry and in particular the Alternatives asset class
- Proficient computer skills with specific experience utilizing Microsoft Office (Excel, Word and PowerPoint) and keen interest to learn how to use proprietary in-house systems
- Strong investment writing skills; ability to summarize and simplify more complex concepts (e.g. performance attribution) in a digestible client-friendly manner
- Strong time management and organizational skills with the ability to work well under pressure and manage multiple deadlines from different stakeholders
- Effective problem-solver with strong analytical and resolution skills
- Critical thinking skills to help identify and improve process inefficiencies
- A collaborative team player with a positive “can-do” attitude who is both proactive and forward-thinking
- Willingness to travel to other RBC GAM offices and / or client premises as required
Responsibilities
- Act as a conduit of knowledge and information flow between the investment desks and distribution/client-facing teams; serve as the primary point of contact who leads on responding to client and prospect queries for market and portfolio level data for our Alternatives investment strategies
- Attend client, consultant and prospect meetings as needed with the goal to reduce or eliminate need for direct support from the investment management team
- Lead on responding to RFPs, including developing high-quality responses to RFP questions, guidance on solution design and pricing
- Write regular high quality Alternatives market commentaries as well as ad hoc thought leadership pieces in conjunction with the Investment and Marketing teams
- Conduct training on the relevant strategies including team structure, investment philosophy and process, key differentiating features of our team and strategy, in coordination with the Investment and Product teams as appropriate
- Participate in investment strategy meetings with portfolio managers, providing relevant feedback from consultants, clients and prospects on current products as well as investment needs
- Evaluate the range of available investment capabilities for relevance with Institutional investors and strategize the positioning of our team and capabilities with clients, consultants and prospects
- Work with the Marketing team to inform activities to increase market recognition for the capability and lead portfolio managers, including conferences, events, webinars etc
- Together with the Product team, ensure appropriate fund vehicles are in place, and maintain timely information on competing organizations and strategies, as well as investor trends that impact our activities and potential future product requirements
- Work together with the investment teams and regional management teams to develop pricing guidelines, flexibility for mandate customization, and separate account AUM and revenue minimums
- Lead the preparation for portfolio manager road shows as well as ongoing monitoring of meeting activity and pipeline reporting
- Work on projects as needed internally specifically to increase the effectiveness, efficiency and consistency of the service we provide to clients
- Co-ordinate with other IPMs to build efficiencies into the process of supporting the Institutional distribution teams
Preferred Qualifications
- CFA / CAIA designations strongly preferred