Senior Manager, Private Markets

What is the opportunity?

As an important member of a newly established team at RBC Global Asset Management (RBC GAM), you will have the opportunity to be a key contributor and influencer in the early stages of the creation and build out of a comprehensive "Private Markets Investments" platform. RBC GAM has approximately CAD$465 billion in assets under management (AUM) and is committed to continued innovation for its global clients. A key focus for RBC GAM is to expand its capabilities in private markets and other illiquid asset classes, including real estate and mortgages. We are excited about the growth potential and ultimate scale of the private markets platform at RBC GAM.

The existing platform is currently a blend of both real estate and mortgage investments, including the RBC Canadian Core Real Estate Fund (an open ended $1.5 billion diversified fund with a contractual growth trajectory to $4.0 billion over the next 3 years) and a variety of mortgage funds which collectively total CAD$8.0 billion in AUM.

For further information, please visit the following:

https://www.rbcgam.com/en/ca/

http://www.rbc.com/newsroom/news/2018/20180813-gam-m-kitt-appt.html

https://www.benefitscanada.com/news/bci-and-partners-creating-canadian-real-estate-fund-126916

What will you do?

Existing Platform Oversight:

• Support the management, performance and reporting requirements of the existing real estate and mortgage funds
• Contribute to the regular strategic planning process at both the asset class level and at the fund level
• Lead the preparation and communication of regular client reporting materials and internal reporting requirements (Real Estate Fund Investment Committee)
• Work with both Individual and Institutional client facing channels to support client education, product reporting and future fund raising efforts

New Product Development:

Potential new initiatives include expanding in to global real estate, new domestic and global mortgage products and other new complementary asset classes in the private markets platform at RBC GAM.

• Develop new product outlines for preliminary discussions with the various client channels
• Coordinate the New Product Approval Process
• Work with the distribution channels to develop the necessary operational infrastructure and marketing materials
• Oversee the pre-investment client presentation process in partnership with the distribution channels
• Support the product teams through to successful launch

What do you need to succeed?
Must Have

• 10 years of work experience in the real estate industry; experience in institutional quality and global real estate is an asset
• University degree in finance or a related field
• Leadership and governance experience
• Direct experience in the financial and/or operational management, transaction, financing and/or development of commercial real estate
• Strong real estate market knowledge with a proven ability to identify and underwrite risk while performing with high attention to detail/accuracy under deadlines
• Technically proficient in MS Office and real estate reporting and valuation software. Advanced skills in large scale data analytics is beneficial.
• Excellent written and verbal communications skills

Nice to Have

• CFA Charter holder and/or CPA designation

What's in it for you?
The role presents an opportunity to assist in building an important new business within RBC GAM's global investment platform, provides broad exposure to the development of new investment products and offers leadership opportunities in the management and oversight of established products.
The role will provide exposure to a wide array of client channels within RBC GAM (Individual, High/Ultra Net Worth, Institutional, Domestic and Global) and will involve working alongside multiple RBC GAM teams across a variety of asset classes globally. RBC GAM is known for offering a broad range of strategies with superior risk-adjusted returns against both benchmarks and peers.
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 and geographies

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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 http://www.rbc.com/careers/index.html rbc.com/careers.

JOB SUMMARY
City: Toronto
Address: 155 Wellington St. W.
Work Hours/Week: 37.5
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salary + Variable Bonus
Required Travel (%): 0-25
Exempt/Non-Exempt: N/A
People Manager: No
Application Deadline: 10/27/2019
Platform: Wealth Management
Req ID: 200021
Ad Code(s):