• Job Description

  Req#: R-0000086174

  Job Summary

  Assists senior consultants research business problems and analyze, develop and recommend Strategy & Planning (S&P) solutions for clients. Applies complete knowledge, skills, and practices to perform assignments.

  Job Description

  What is the opportunity?

  This position will primarily focus on the day-to-day operations required for trade order execution and management, custody/fund units/underlying securities reconciliation and the production of an accurate net asset value for the Legacy segregated funds. You will also be responsible to effectively manage operational risk by investigating questionable transactions & discrepancies, streamline existing operations procedures & processes and support the development and execution of new initiatives sponsored by the business.

  What will you do?

  • Ensure all required data for producing the NAV are available and quality ensured, prepare the NAV for funds and liaise with business areas concerning issues affecting the valuation of funds

  • Review a reconcile transactions of assigned funds – analyze cash flow activities, reconcile assets and cash balances, maintain a balanced cash account. Also research discrepancies to investigate questionable transactions

  • Review and reconcile various account holdings (i.e. custody) and investigate & correct any variances

  • Perform audit checks to support the calculation of net asset values; perform reasonability test on the increase/decrease of the net asset value of a fund

  • Review existing Legacy Seg Fund operations procedures & processes to identify potential risks exposures

  • Contribute to developing, implementing and maintaining the infrastructure to support the Legacy segregated fund

  • Support the development and execution of the Wealth Product initiatives

  What will you need to succeed?

  Must have:

  • University or college degree in finance, accounting or other business-related fields

  • Minimum of 2 to 3 years in finance accounting

  • Ability to work in a fast-paced environment & under tight deadlines

  • Strong MS Office Skills: Microsoft Excel, Word

  • Excellent analytical skills, accuracy and detail-oriented

  • Excellent organizational, written and verbal communication skills

  Nice-to-have:

  • Good technical knowledge on calculating Net Asset Value and knowledge of accounting standards

  • Strong securities industry knowledge

  • Completion of Canadian Securities Course (CSC)

  What's in it for you?

  • A Total Rewards program that includes flexible benefits, work/life balance and career development programs and investment and retirement savings plans

  • Competitive pay and high-earning potential

  • All the tools, training, and team support you need to grow your career

  • Flexible work/life balance options

  • Sophisticated RBCI software tools to boost your productivity

  Job Skills

  Commercial Acumen, Communication, Critical Thinking, Decision Making, Group Problem Solving, Large Group Presentations, Long Term Planning, Results-Oriented

  Additional Job Details

  Address:

  MEADOWVALE BUSINESS PARK, 6880 FINANCIAL DR:MISSISSAUGA

  City:

  MISSISSAUGA

  Country:

  Canada

  Work hours/week:

  37.5

  Employment Type:

  Full time

  Platform:

  INSURANCE

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2024-04-23

  Application Deadline:

  2024-05-09

  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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• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

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