Associate Managing Director

Job Description

What is the opportunity?

The Associate Managing Director, RBC PH&N Investment Counsel (RBC PH&NIC), and a key member of a professional leadership team charged with building and managing a high performance wealth and investment counselling firm. They will support the Managing Director to achieve business results through sales and market leadership within the region, and through the implementation of strategic direction and representation in the marketplace.

Working in partnership with RBC partners, the RBC PH&NIC network and external centers of influence, the incumbent will implement strategies, processes and disciplines to achieve sustainable earnings and revenue growth through the our investment counselling team while balancing expenses.

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What will you do?

• Hire new and competitive Investment Counsellors to achieve growth targets

• Manage and lead direct reports by providing direction, development, coaching, mentoring

• and conflict resolution strategies when required

• Through the annual business planning process for Investment Counsellors and/or Associates within region, establish business objectives, develop and execute on strategic initiatives and action plans, and effectively monitor to ensure goals and critical success factor activities are carried out and met

• Responsible for ensuring audit, risk management and compliance standards are followed and maintained by front office staff

• Accountable to be current with developments in relevant laws and business trends

• Promote and demonstrate the overall corporate objectives, vision and values of RBC and RBC PH&NIC

• Develop and foster a cohesive working environment and positive, inclusive culture

• Raise and maintain RBC PH&NIC corporate profile in the community by active involvement and personal visibility

What do you need to succeed?

Must Have

• University degree

• 8 – 10 years related sales leadership and people management experience

• Professional qualifications from a recognized educational or industry body, eg. MBA, CFA, CIM, CA, CFP, etc.

• Strong background in both finance and investments, gained through either experience or post graduate qualifications

• Extensive knowledge of the Private Client / High Net Worth segment

• General knowledge of income tax, portfolio management and wealth management

• Moderate travel within the region is required

• Strong leadership experience, with ability to manage and resolve conflict, when required

• A growth mindset

Nice to Have

• Registerable with the provincial securities commission as a supervising person

• Prior investment counselling experience

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 with competitive compensation including salary, bonus, flexible benefits, and share savings program where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact for clients as well as employees

• Work in a dynamic, collaborative, progressive, and high-performing team

• Opportunities to do challenging work

• Opportunities to take on progressively greater accountabilities

Job Skills

Additional Job Details

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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.

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