RBC · 1 month ago
Senior Alternative Investment Analyst
Minneapolis, Minnesota, United States of America
Full-time
Onsite
Senior Level, Lead/Staff
$90K/yr - $160K/yr
10+ years expRBC is a leading global bank that provides a wide range of financial services. The Senior Alternative Investment Analyst will conduct research and due diligence on private market offerings, support the Private Alternatives platform, and collaborate with global colleagues on alternatives initiatives.
BankingFinancial ServicesWealth Management
Responsibilities
Conduct initial and on-going research, analysis and due diligence of private market offerings, applying expertise as needed across asset classes such as private credit, private equity, real assets (real estate and infrastructure), hedge funds and other alternative investment firms in support of the Private Alternatives platform in RBC Wealth Management’s business in the United States
Build, monitor and support a list of alternative investments for the Private Alternatives platform in the United States and collaborate with global colleagues to help support alternatives initiatives across RBC’s Canada, British Isles, and Asia businesses
Assume a leading and active role on investment committees, including providing ideas and investment recommendations, in support of the build out of a global alternatives platform in RBC’s global businesses
Assist in the launch of a support model for RBC WM Advisors including educational and training materials, asset allocation, benchmark guidance, and timely market insights
Assist Advisors in business development efforts with ultra-high-net-worth clients through alternative investment opinions, ratings, and other written and verbal communication channels
Initial and ongoing due diligence and analysis related to the firm and product structure, portfolio management, investment approach, performance, as well as assisting in the completion of periodic operational due diligence reviews on alternative investment funds
Provide clear and timely insight, information, and opinions on alternative investment managers though published reports and internal audio/visual communication channels
Deliver meaningful and timely insight, information, and recommendations for action to appropriate investment committees for all assigned investment managers and products
Foster strong cross-border collaboration amongst the firm’s business lines and teams, which is paramount to the success of this position
Problem solve and resolve issues that arise in the day-to-day oversight of alternative investment managers, recommendations, and projects
Seek to continually enhance skills and build knowledge in all aspects of the organization, the business, and analytical systems
Provide diligence and guidance in the launch efforts for new product initiatives
Train and develop junior or mid-level analysts on the core competency of an alternative investment analyst
Provide education and insights regarding alternatives to other team members across the firm with proactive outreach, while demonstrating intellectual curiosity
Assist Advisors in business development efforts with their clients who are seeking to build an alternatives allocation
Responsible for the accuracy and timely delivery of reports and recommendations, as well as ad-hoc requests to advisors and investment committees
Display and provide extemporary written and verbal communications
Qualification
Required
Strong analytical, critical thinking, problem solving and organizational skills
Advanced interpersonal, written and oral communication skills
Keen attention to detail
Strong collaboration within a team environment
Organizational awareness
Adaptable to changing market and business conditions
Proficient in use of software tools such as Microsoft office suite and analytical tools to perform manager research
Proven track record in the implementation and integration of complex technologies and cross-functional projects
Demonstrated curiosity about technological innovation combined with an ability to investigate, learn and adapt new methods to support business strategy and goals
Continuous awareness of economic and market environments
Preferred
Minimum of 10-15 years of work experience, including 5-10 years of experience in roles related to alternative investment due diligence
Experience in the due diligence, selection and ongoing diligence of alternative/private market solutions in a wealth management channel or sophisticated institutional setting (endowment, foundation, UHNW family office, etc.)
Undergraduate degree in business (with a preferred concentration in finance, accounting, economics, math or statistics)
Solid understanding of key investment products and concepts including alternative investments, operational due diligence, portfolio management, investment strategy (asset allocation), and investment structures
Advanced use of investment analytical tools to source and monitor alternative investments (experience with Dynamo, Zephyr, Preqin, or Albourne is a plus)
Strong background in legal, regulatory, and governance issues related to the private markets space
CFA/CAIA designations and or advanced educational degrees
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
Benefits
Discretionary bonus
401(k) program with company-matching contributions
Health insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Paid time-off plan
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
10001+ employees
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
2026-01-22
Qatar Tribune
2026-01-21
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