Associate Managing Director

Job Description

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 BC 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 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

Compensation for this position (including salary and discretionary/variable incentive payments) will be determined by factors, including but not limited to the candidate's experience, skills, registration status, performance, individual goals; market conditions; and business needs.

The expected salary range for the above position is $100,000 - $155,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.

This position may be eligible to receive a discretionary/variable incentive payment.

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

Address:

VANCOUVER MAIN BRANCH (B), 1055 GEORGIA ST W:VANCOUVER

City:

Vancouver

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

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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