Product Analyst

Job Summary

Job Description

What is the opportunity?

The Product Analyst role, on the SMA/UMA Program team, acts as the primary source of product development, management, and support for internal and third party managed separately managed account products sold throughout the RBC US Wealth Management (WM) and RBC Clearing & Custody distribution channels. The role of Product Analyst adds value to RBC in a highly competitive industry by ensuring the appropriate level of support is available to properly develop and maintain competitive products and navigate a changing regulatory environment. As the Product Analyst you will be responsible for supporting the Product Managers in order to drive revenue, ensure compliance with regulatory obligations and support the development and maintenance of competitive platforms. Your key responsibilities will include supporting day to day product management activities, implementation of product development strategies and initiatives, and leading smaller initiatives and projects.

What will you do?

• Support day to day product management activities.

• Actively contribute to the effort of product management by helping to ensure general platform competitiveness, maintenance and compliance with regulatory requirements.

• Support delivery of SMA/UMA product development initiatives, including the rollout of new products, services, and policies/procedures or changes to any products, services, or policy/procedures.

• Lead smaller initiatives and projects.

• Develop and maintain ad hoc reporting across the supported product lines.

• Maintain, and coordinate changes to, account opening and maintenance documents and required disclosures, field facing and internal forms and templates.

• Perform recruit SMA analysis by documenting availability and other SMA details to ensure the successful transition of a recruit's SMA business.

• Actively support and service FAs by providing SMA/UMA program expertise, education and guidance surrounding features, appropriate usage, and policy/procedure requirements.

• Assist in the development of marketing and training materials.

What do you need to succeed?

Must-have

• Strong analytical skills to identify risks and opportunities.

• Excellent project management and organizational skills - ability to develop timelines and action items to execute on initiatives.

• Financial services business knowledge.

• Proficient with MS Office, specifically Excel, Word, Access, etc.

Nice-to-have

• BA/BS in business or finance

• 2+ years securities or financial markets experience.

• Understanding of fee-based platforms and Financial Advisor needs.

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• 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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

The good-faith expected salary range for the above position is $50,000 - $85,000, depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-03

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.