Job Summary
In this role, you will be ensuring settlement of market transactions related to security trades in the North and South American Markets. You will be responsible for performing a variety of settlement activities. Familiarity with the RBC Investor Services and custody business is an asset in this role, as well as knowledge of securities markets, securities types as well as industry standards for custody, clearing and settlement principles. We are looking for a stellar communicator who will thrive in a fast-paced, deadline-driven & dynamic environment.
Job Description
What will you do?
QUALITY SERVICE
- Ensure all settlement activity and processes are completed with accuracy, timeliness and completeness within market time frames.
- Provide a high level of service by responding promptly and accurately to daily queries and requests regarding Security Trade Settlement. Respond to specific requests received via email, query tracking system, telephone or email.
- Perform accurate and complete reconciliation for End of Day / Ledger Balancing
- Ability to adapt to tight deadlines occurring within Securities Settlement and an aptitude to effectively create and manage change
ADMINISTRATION / MANAGEMENT OF SETTLEMENT ACTIVITY
- Advise Manager of all significant issues, escalate immediate concerns/risk to the Management team as appropriate.
- Ensure that up-to-date desk operating procedures are maintained and accessible to team members and specific daily procedures are clearly documented.
- Proactively support the team by assisting with work load, sharing knowledge and participating in cross training
What do you need to succeed?
Must-have
- Ability to work independently and take initiative in order to meet the demands of the business, as some overtime may be required including working occasional statutory holidays
- Strong Analytical skills with problem solving abilities; and ability to multitask and meet tight deadlines
- Good interpersonal skills and ability to work in a team environment and support others as required
- Excellent communication skills both verbal and written.
- University/College degree in business administration, finance or equivalent
- Knowledge of Microsoft Office / Macros
Nice-to-have
- Familiarity with Investor Services systems & platforms
- Recognized financial industry qualifications (i.e. Canadian Securities Course, IFIC, CPA, CGA, CMA)
- Knowledge of systems employed by Securities Settlement including Arrow, Canadian Depository for Securities (CDS), Depository Trust Company (DTCC), Transaction Lifecycle Management (TLM)
Please note:
In order to be eligible for these student positions, you must either:
- Be returning back to school after the work term end-date; or
- If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order to graduate successfully
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. At RBC, you will have opportunities to:
- Interact with leaders who support your development through coaching and managing
- Network and build lasting relationships with students from diverse backgrounds from across Canada
- Make a difference and lasting impact through meaningful work
- Work in a dynamic, collaborative, progressive, and high-performing team
Job Skills
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
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:
Student/Coop (Fixed Term)
Pay Type:
Salaried
Posted Date:
2024-09-20
Application Deadline:
2024-10-07