Portfolio Manager

Job Description

What is the opportunity?

This position provides a significant opportunity to meaningfully contribute to the management and growth of RBC GAM’s Real Estate and Private Markets platforms. Reporting to the Managing Director and Head of Real Estate Equity Investments, this role will focus on acquistion, portfolio and asset management activities on behalf of the Canadian real estate business.

What will you do?

• Responsibility for the overall performance, investment strategy and reporting for the RBC Canadian Core Real Estate Fund (CCREF), including the development and oversight of a disciplined investment process, portfolio allocation strategy and strategic plan execution.
• Specific transaction oversight including sourcing, pricing and structuring along with completing the legal, financial and physical due diligence.
• Work closely with CCREF’s partner QuadReal / BCI to maintain strategic alignment and oversight of the execution of the investment program.
• Manage and continue to develop a network of client-facing distribution partners to ensure that expectations regarding reporting and communication levels are met.
• Contribute to the ongoing development of portfolio analytics and portfolio management systems for the CCREF.
• In collaboration with senior leadership, develop and execute on a business plan to launch new real estate strategies that align with the overall Private Markets Investment platform.
• Working with RBC GAM’s distribution partners, assist in developing and executing a launch strategy for the new products.
• Support the continuing development and management of RBC GAM’s Private Market investment platform, inclusive of Infrastructure, Mortgages, and other potential verticals, both domestically and globally.

What do you need to succeed?

Must Have

• Minimum 15 years of direct investment experience in commercial real estate with a focus on value-add, core plus and IPP strategies.
• High integrity with a recognized reputation in the commercial real estate industry.
• Strong leadership traits, excellent communication skills and negotiation skills.
• Results-driven, with exceptional attention to detail and accuracy in performance, and an adaptable, effective problem-solver who can quickly assess situations and provide creative solutions.
• Strong working knowledge of real estate investment principles and practices.
• Strong network and broad experience within the real estate industry including potential partners in order to successfully develop and manage new real estate strategies.

• Demonstrated skill in managing co-owner relationships and strategic partnerships.

• Broad experience across the Canadian or Global commercial real estate sector.

• Demonstration of proven investment judgement and the ability to underwrite and price risk.

• Client-facing experience including fundraising is a strong plus.

• A team-oriented, collaborative leader. Able to work effectively within a global organization with multiple stakeholders.

• High intellectual curiosity.

• Agile, forward-thinking, and able to pivot across various subsectors and geographies.

• Experience with managing a team and effective mentorship skills.

• Undergraduate or Graduate degree in finance.
• CFA or CIM designation or a registered portfolio manager with the OSC.

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 and geographies

Job Skills

Business, Financial Derivatives, Investment Consulting, Investment Performance Measurement, Investment Risk Management, Investments, Investments Analysis, Long Term Planning, Portfolio Management, Product Services, Risk Control

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-11-02

Application Deadline:

2026-11-09

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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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 jobs.rbc.com.