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Full-time
bachelor degree
Comprehensive healthcare coverage, Medical plan, Dental plan, Vision plan, 401(k) company matching contribution, Tuition reimbursement
Posted 10d ago
Apply by Sep 1
~40 hrs/week
Responsibilities
The Portfolio Analyst prepares client presentation materials and IPS letters while acting as a liaison between the Portfolio Management team and Operations. They are responsible for setting up new client accounts, analyzing portfolio performance, and responding to ad hoc client and compliance inquiries.
Requirements
Candidates must hold a Bachelor's degree and have at least 2 years of experience in a finance-related role, preferably in investment management. Strong analytical skills, proficiency in MS Office, and a commitment to pursuing the CFA designation are required.
Full job description
RBC Rochdale provides investment research, portfolio management, macroeconomic outlook and strategic asset allocation to help clients meet their long-term goals. RBC Rochdale, LLC is an SEC-registered investment adviser and wholly-owned subsidiary of City National Bank.
PORTFOLIO ANALYST - RBC Rochdale
WHAT IS THE OPPORTUNITY?
The Portfolio Analyst primary responsibilities are:
Prepare review book materials for client presentations
Prepare IPS letters for new clients and IPS change / reallocation letters when necessary
Assist the Portfolio Management team in solving client and advisor issues as it relates to Operational and logistical inquires
Act as the primary Portfolio Management team liaison with all Operations teams including New Accounts, Billing, Performance and Client Services
Transition / set up new client accounts
Analyze portfolio performance and research outliers
Respond to ad hoc client requests, and manage client and advisor phone calls in the course of providing the highest degree of service
Becoming proficient in the applications and technology used in the portfolio management and client service operations processes
Respond to compliance inquiries, including those re: large withdrawals and source of funds for existing clients
Keep up with the current market environment and general performance of firms investments
With experience, setup client accounts in trading system and perform basic trading responsibilities, and analyze accounts for strategic rebalancing
Of note, this role is not a research analyst position
WHAT DO YOU NEED TO SUCCEED?
Required Qualifications
Bachelor's Degree or equivalent
2 years of experience in finance related role, preferably in investment management and services and professional team environment (relevant internship experience considered; internal mobility candidates highly desired and encouraged; referrals encouraged)
Additional Qualifications
0-3 years of experience in finance related role , preferably in investment management and services and professional team environment (relevant internship experience considered; internal mobility candidates highly desired and encouraged; referrals encouraged)
Strong problem solving and analytical skills
Attention to detail
Ability and desire to learn
Excellent communication skills; professional demeanor
Ability to effectively address Client or FA trade and investment related questions
Ability to learn the Firm’s proprietary trading system, and the portfolio accounting system
Ability to multi-task and prioritize multiple deliverables
Quality of work product; quality assurance of work product of others
Commitment to pursue CFA; level one candidate
Proficient in basic computer software tools, e.g., MS Word, Excel, Outlook, and PowerPoint
Interest and / or experience in client facing role
Interest in financial markets and investing
Bachelor’s degree - preferably major in Finance
WHAT'S IN IT FOR YOU?
Compensation
Starting base salary: $65,296 - $104,304 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:
Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
Generous 401(k) company matching contribution
Career Development through Tuition Reimbursement and other internal upskilling and training resources
Valued Time Away benefits including vacation, sick and volunteer time
Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
Career Mobility support from a dedicated recruitment team
Colleague Resource Groups to support networking and community engagement
Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at About Us.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
City National Bank Member FDIC. A subsidiary of Royal Bank of Canada.
Industry
Banking
Company size
1,001-5,000 employees
Founded
1954
Headquarters
Los Angeles, CA
LinkedIn followers
75,003
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $93 billion in assets as of July 31, 2025. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $106 billion in client investment assets. City National is dedicated to strengthening communities, and in 2024 alone, the company made charitable contributions of nearly $10 million in charitable contributions to nonprofits that support the communities it serves.
*City National Bank does business in Miami and the state of Florida as CN Bank.
Offices: 555 South Flower St., Los Angeles, CA 90071, US
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