Business Owner Specialist, HNW Planning Services
Royal Bank of Canada
- Toronto, ON
- $80,000-140,000 per year
- Permanent
- Full-time
- Perform a thorough information gathering and discovery process to gain insight into the client’s family, business circumstances, financial statements, existing trust and legal agreements, etc.
- Review the current situation taking into account the client’s short- and long-term goals, and strategically develop strategies and solutions for the client’s family and business wealth and legacy plans.
- Provide objective planning information and strategies to the client to address wealth planning gaps and risks and present unbiased enterprise solutions where appropriate through coordination with the client’s RBC Wealth Management advisor.
- Accountable for ensuring effective delivery of business owner planning, tax and succession planning, estate planning and philanthropic planning.
- Where appropriate, partner with other planning specialists at RBC (e.g., Financial Planning Specialists, Will & Estate Consultants, Insurance Specialists, Mid-Market Mergers & Acquisitions, etc)
- Develop strong internal and external referral networks of COIs (accountants, lawyers, etc)
- Deliver a customized memo or PowerPoint presentation summarizing strategies and discussions that may be provided by the client to their accountant or lawyer to facilitate implementation of recommendations (flexibility to meet with trusted external advisors, as required)
- University degree supported by CPA, LL.B, JD, or CBV professional designation
- 12 years or more of related experience and significant technical expertise in individual / Canadian private corporate tax, estate planning, business succession planning
- Knowledge and technical proficiency related to private wealth management strategies, issues and trends
- Strong interpersonal skills, flexible and empathetic, self-starter, able to work in effectively in a variety of situations
- Ability to communicate complex planning information in a comprehensive and practical manner
- Proficiency in Mandarin and Cantonese
- CPA Canada In Depth Tax completion or equivalent
- FEA designation or FFI GEN Certificates in Family Business Advising and Family Wealth Advising
- US cross-border planning knowledge would be a strong asset
- A comprehensive Total Rewards Program which include competitive compensation and flexible benefits
- 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
- Opportunities to do challenging work
- Opportunities to building close relationships with clients
- Drives RBC’s high-performance culture
- Enables collective achievement of our strategic goals
- Generates sustainable shareholder returns and above market shareholder value