Job Summary
Job Description
What is the opportunity?
RBC Investor Services has an opportunity available for someone looking to build their foundation for a career in Investment Services. In this role, you will be responsible for working with a dynamic team overseeing transaction processing functions for Securities Lending Operations. This role is primarily responsible for the support of Securities Lending transactions for loans and returns/recall processes. Close coordination is required with Front Trading Desks, Collateral Management and Settlements team. Other major responsibilities include collection of borrower lending fees, client revenue processing and reconciliation across all platforms and systems. Additionally this desk could support the STIF desk and the Bank of Canada Triparty program.
What will you do?
Oversee and manage Securities Lending transactions for collateral, loans, returns/recalls, billing, client revenue and reconciliation activities ensuring highest levels of performance are achievedEnsure department meets all internal/external audit and compliance requirements applying the appropriate rules and guidance to all activity managed within the teamProactively assessing client and business requirements, coordinating appropriate solutionsActing as a change agent, embracing and facilitating change across operational processes and technology enhancementsReview processes, procedures and control to ensure they are fit for purpose, look to automate using existing or new technologies where appropriateMaintain a strong working knowledge of market practicesEffective escalation of issues that may have an adverse effect on the services provided to external clients and internal departmentsWhat do you need to succeed?
Must-Have:
Business-related degree or equivalentOutstanding interpersonal and communication skillsAdvanced usage of MS Office Word and Excel (vlookup, pivot, macro)Ability to work under pressure, managing time and priorities efficiently without supervisionAbility to lead initiatives, implement change and think analyticallyNice-to-Have:
Previous experience in Securities Lending and working within tight deadlinesSolid understanding of Transaction Management, Settlements and fee billingOperational and Client Service ExperienceWhat’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.
Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriateOpportunity to obtain hands-on experience throughout your roleWorking with an exciting, close-knit, supportive & dynamic groupOpportunity to collaborate with other business segments within the bankExcellent career development and progression opportunitiesA comprehensive Total Rewards Program including bonuses and flexible benefitsJob Skills
Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
WEALTH MANAGEMENTJob Type:
RegularPay Type:
SalariedPosted Date:
2024-10-02Application Deadline:
2025-02-15Note: 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.
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