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Associate Advisor

2 months ago


Vancouver, British Columbia, Canada Royal Bank of Canada Full time

Job Summary

The Royal Bank of Canada is seeking a highly skilled and motivated individual to join our team as an Associate Advisor. As a key member of our Wealth Management team, you will be responsible for providing exceptional client service and support to our clients and Investment Advisors.

Key Responsibilities

  • Leverage your exceptional communication skills to facilitate meetings and events for Investment Advisors with clients and prospects, ensuring seamless execution and follow-up.
  • Utilize your problem-solving skills to provide proactive client service, collaborating with various departments to deliver timely and effective solutions.
  • Effectively respond to client account inquiries and take ownership of follow-ups, ensuring client satisfaction and loyalty.
  • Contribute to business planning, client segmentation, and client service initiatives, driving growth and revenue.
  • Identify opportunities for asset consolidation and referrals across the existing client base, fostering strong relationships and driving business growth.
  • Support the advisory team with new client acquisition, leveraging your knowledge of the business and client needs.
  • Nurture and manage valuable relationships with Centers of Influence (COIs) and RBC partners, driving business growth and revenue.
  • Provide trading and portfolio rebalancing support, ensuring seamless execution and client satisfaction.
  • Conduct ongoing research on markets and investments, providing regular updates to the advisory team and clients.
  • Support both the advisory team and clients throughout the Wealth Management process, coordinating activities with internal specialists and managing documentation.

Requirements

  • Approval as a Registered Representative (RR) with IIROC
  • Successful completion of the Wealth Management Essentials (WME) course or Investment Management Techniques (IMT)
  • University degree
  • Exceptional written and verbal communication skills
  • Strong skills working with business applications/technology, including Microsoft Office Suite

Preferred Qualifications

  • 4 years or more of professional experience within the investment industry
  • Meticulous attention to detail and strong problem-solving and analytical skills
  • Highly developed client service skills

What We Offer

  • A comprehensive Total Rewards Program, including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
  • The opportunity to work as part of a dynamic, collaborative, progressive, and high-performing team
  • Challenging work that will help you grow professionally
  • Ongoing opportunities to build close relationships with clients

Base Salary Range

The expected base salary range for this position is $38,000 - $55,000, depending on your experience, skills, and registration status, market conditions, and business needs.

Discretionary Bonus Program

You have the potential to earn considerably more through RBC's robust discretionary bonus program, which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

Compensation Philosophy

RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and play a critical role in attracting, engaging, and retaining talent that drives RBC's high-performance culture, enables collective achievement of our strategic goals, and generates sustainable shareholder returns and above-market shareholder value.