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Portfolio Advisory Co-op, Winter Co-op 2021

Toronto, ON
Full Time
2 days ago
Portfolio Management Co-op

What is the opportunity?

As a member of the Portfolio Advisory Group, the Portfolio Management Co-op student helps advisors effectively manage portfolios for retail clients, with a focus on communication and publications, security selection, and portfolio construction across a range of financial instruments. You will empower advisors with better capabilities around portfolio monitoring, planning, construction, vehicle selection, and ongoing management.

The Portfolio Advisory team is responsible for advising RBC WM Canada's 1,800 Investment Advisors. The role deals more specifically with Canadian, US, and International equities, as well as overall considerations related to asset allocation and the market outlook. The team supports $170 bln in equity assets, including Canada's largest discretionary asset management program, and manages several different model portfolios, which have more than $10 billion of RBC DS client assets following their mandates. The team also manages a number of mandates on the firm's UMA platform. The team provides a considerable range of timely thought leadership through a broad range of internal and client-oriented media.

The ideal candidate should enjoy working in a team setting, be a strong problem solver and have the ability to interpret and articulate complex information. The breadth of asset classes covered and access to a large pool of intellectual capital translates into a fast paced, client centered, and advice driven environment.

What will you do?

The Portfolio Management Co-op will research, analyze, and provide administrative support to Portfolio Advisors. Job will entail writing significant content for the Morning and Mid-Day notes, morning conference call and other publications which rank amongst the most widely read documents within all of RBC Dominion Securities. Other functions include: researching individual companies, building Excel models, answering calls from investment advisors and learning to utilize a Bloomberg terminal.

Key deliverables or work tasks of the assignment include:

Morning/Mid-Day Notes content - Frequency: Daily

  • Run numbers every morning to summarize the prior day's market activity.
  • Summarize every morning the top five leaders and laggards for TSX and S&P 500 from the prior day.
  • Assist in summarizing the company reports (Canada and US) from RBC CM research team.
  • Facilitate the 8:45am DS advisors conference call (average 200 attendees).
  • Create and compile a slide deck for the conference call.
  • Summarize the conference call in a key topics publication.

  • Month-in-Review - Fre quency: Monthly
  • Draft, manage and publish the Month-In-Review (MIR) for DS advisors and their clients.
  • Complete the MIR process on a timely basis (within 5 business days of the prior month end) with minimal edits.

  • Assist DS Investment Advisors - Frequency: Daily

    Some examples include:
  • Gain proficiency with Bloomberg and pull data for advisors when requested
  • Gather information from company annual reports and investor presentations
  • Contribute to featured commentaries on trending topics

  • Special Projects - Frequency: Ad Hoc
  • Portfolio Advisors do a number of client presentations and Portfolio Management Co-op Intern will be asked to assist with presentation construction, including chart and table creation.
  • Significant opportunity to build and enhance Excel tools that are frequently used by Investment Advisors.
  • Ongoing refinement of PAG publications to make them more effective and useful for IAs.

  • What do you need to succeed?
  • Basic accounting and finance knowledge
  • Interest in financial markets
  • Strong Excel and PowerPoint skills
  • Works well under pressure
  • Highly Organized
  • Pro-active
  • Strong Interpersonal and communication skills

  • 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.
  • 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
  • A world-class training program in financial services
  • Opportunities to do challenging work
  • Opportunities to take on progressively greater accountabilities
  • Opportunities to building close relationships peers and other business partners

  • About RBC
    Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit .

    Inclusion and Equal Opportunity Employment
    RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.


    City: Toronto
    Address: 155 Wellington St W-17th Flr
    Work Hours/Week: 37.5 hours
    Work Environment: Office
    Employment Type: [[filter7]]
    Career Level: Student Job
    Pay Type: [[jobGrade]]
    Position Level: PL10
    Required Travel(%): [[requiredTravel]]
    Exempt/Non-Exempt: [[exemptionStatus]]
    People Manager: [[peopleManager]]
    Application Deadline: 01/19/2020
    Req ID: 271418
    Management and Executive