Internal Wealth Management Consultant

What is the opportunity?

The Internal Wealth Management Consultant provides the primary internal sales support for the wealth management platform and our external Wealth Management Consultants. The purpose of this position is to increase PCG business by working with the Financial Advisors (FAs) to leverage their time, talents and resources. To partner with the external Wealth Management Consultants and focus on serving our Financial Advisors with issues affecting their clients. This position will be responsible to create, review and analyze reports, using software and other tools, to provide high level of service and sales support for Financial Advisors as well as external field support resources.

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?

• Assist external field consultants in supporting fee-based investment product business including generation of Wealth Management proposals. Coordinate sales and marketing efforts with field consultants to ensure appropriate FA coverage and a team approach to support.
• Partner with external consultants to proactively reach out to Financial Advisors and ensure their needs are being met before and after branch presentations, symposiums, complex/division events, etc.
• Develop strong understanding of fee-based policies and pricing structures to assist FAs in conducting the business appropriately and making profitable pricing decisions.
• Provide assistance to FAs utilizing Wealth Management resources including financial planning software, WealthPlan Analysis, Morningstar, AdvisoryLink, RBC Dashboard and the InfoNET.
• Develop and promote sales ideas and effective business practices.
• Coordinate responses to Foundation/Endowment Request for Proposals (RFPs). Use internal databases to write RFP responses and other tools to develop the asset allocation and Investment Policy Statements.
• Partner with practice management team to leverage services.
• Possess understanding of Private Client Group (PCG) products and services, and ability to communicate effectively cross departmentally.
• Assist FAs in the selection of appropriate product, program or service and answer general to in-depth questions regarding PCG areas.
• Work with product management to enhance, create or change existing products or programs by actively communicating feedback from the field or as issues occur in supporting PCG platforms.
• Maintain accurate, detailed reporting statistics and review regularly to measure firm metrics and client satisfaction.

What do you need to succeed?

Must-have

• A minimum of five years investment industry experience with at least three years investment consulting/wealth management experience preferred.
• Well grounded in portfolio management, asset allocation methodology and RBC Wealth Management's platform.
• Strong verbal and written communication skills and customer service perspective.
• Bachelors degree or equivalent experience including 3-5 years in the financial services industry;
• Willingness to work on appropriate industry designations (CIMA/CFA/CFP).
• Series 7, 63/65 or 66.

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 $65,000 - $115,000, 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.