Alternative Investments Data and Client Reporting Manager

What is the opportunity?

The Alternative Investments Data and Client Reporting Manager will be an integral member of alternative investment product team, responsible for the evolution and redesign of our Operating Model, with scalability and future growth in mind. This role will lead key strategic initiatives, implement new technology solutions, and manage key vendor relationships designed to support alternative investments platforms. This role is directly aligned to functional and organizational responsibilities around client service and operational risk management.

What will you do?

• Support growth in platform assets by developing and implementing a new operating model framework in partnership with alternative investment fund managers and multiple third-party vendors. This involves gathering, normalizing, and displaying key client reporting data elements.
• Act as subject matter expert on client reporting and data; including the evolution and maintenance of Addepar reporting and assisting on escalated reporting issues.
• Design oversight processes to ensure data completeness and accuracy, and to assess and resolve breaks and reconciliation issues. Respond quickly to advisor escalations, providing expertise and issue resolution in collaboration with Operations, Business Technology, and IT.
• Drive client reporting enhancements for UHNW clients, including consolidation of held away investments and expansion of risk measurement and reporting.
• Drive initiatives regarding the implementation and maintenance of an Alternative Investment data management vendor solution working with third party data management vendor, project team and internal business lines.
• Represent the alternative investments business with internal colleagues and third-party vendors, providing strategic direction as well as detailed requirements; provide direction to Alternative Investment Reporting Product Analyst.
• Work closely with the Senior Product Manager, Alternative Investments, on end-to-end workflows and points of intersection throughout the client lifecycle; order entry through reporting.

What do you need to succeed?

Must-have

• 7-10+ years' experience in alternative investments in the wealth management domain, with deep working knowledge of investor data, fund operations and reporting standards.
• Undergraduate degree in related field
• Series 7, 66 or 63 and 65 required, or ability to obtain upon hire
• Proficient in Microsoft Office, Excel Spreadsheet with the ability to adapt to changing technology
• Self-directed, adept at breaking complex ideas into their component features and communicating effectively with various audiences
• Drive for results, focused on delivering tangible output

Nice-to-have

• Graduate degree in related field
• Current FINRA licensing

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• 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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

The good-faith expected salary range for the above position is $85,000 - $150,000, depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. 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

Additional Job Details

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

Inclusion and Equal Opportunity Employment

At 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.