Portfolio Associate - Fixed Income

What is the opportunity?

This position supports Fixed Income Portfolio Advisors in their analysis and recommendationof taxable and tax-exempt credits and portfolios. The Associate will interact with advisors, members of the trading desks, the Senior Fixed Income Strategists, and other departments within the firm such as Marketing, Training and the Private Client Group (PCG).

What will you do?

• Department Resource: The Associate Strategist serves as a resource to Financial Advisors (FA)on broad-based Fixed Income strategies. The role performs data queries to determine individual FA's bond ownership and other pertinent information for use bySenior Strategists. Lead efforts to construct and review portfolios and portfolio proposals. Point person for written publications and in-bound calls from FAs.
• Department Coordination: The Associate Strategist has overall responsibility for distribution of all marketing materials and any/all pertinent research both internal and external. This is accomplished by gathering information, ideas and resources from external sources such as Bloomberg, S&P, Moody's, Creditsights, and internal sources such as RBC Capital Markets specialists.
• Specialized Product Support:The Associate Strategist is responsible for providing specialized support to the Senior Fixed Income Strategists. This is accomplished through utilizing marketing ideas, research, spreadsheets, etc.
• Customer Communications:The Associate Strategist identifies key clients (FAs) of fixed income for the purpose of maintaining and developing new relationships to grow the Fixed Income business. Provides external resource and research ideas to FAs and traders primarily using e-mail distribution channels.

What do you need to succeed?

Must-have

• Bachelor's degree, preferably inFinance or Economics
• 0-2 years' related experience
• Exceptional written and verbal communication skills
• Strong quantitative skills with proficiency in MS Word and Excel
• Ability to be flexible and patient in stressful situations and prioritize while under pressure
• Ability to operate in a team environment
• Travel as required, typically 5 days per quarter to branch offices nationwide

Nice-to-have

• 1+ year of experiencewith Fixed Income products
• Knowledge of Fixed Income markets
• Ability to gradually work independently and with little supervision
• Series 7 and 63 licenses

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 $50,000-$85,000, 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

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.