Senior Settlements Administrator

Royal Bank of Canada

Job title:

Senior Settlements Administrator

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?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 ensuring the timely settlement of trades, trade cancellations and investigative activities. Familiarity with the RBC Investor Services (IS) and custody platforms 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.What will you do?

  • 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
  • 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

  • 2+ years’ experience in Settlement Operations and experience with Settlement/Custody Applications
  • 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 Word / Excel / PowerPoint

Nice-to-have

  • Familiarity with Investor Services systems & platforms
  • Recognized financial industry qualifications (i.e. Canadian securities course or IFIC)
  • Knowledge of systems employed by Securities Settlement including Arrow, Canadian Depository for Securities (CDS), Depository Trust Company (DTCC), Transaction Lifecycle Management (TLM)

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.

  • Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
  • Opportunity to obtain hands-on experience throughout your role
  • Working with an exciting, close-knit, supportive & dynamic group
  • Opportunity to collaborate with other business segments within the bank
  • Excellent career development and progression opportunities
  • A comprehensive Total Rewards Program including bonuses and flexible benefits
  • Competitive compensation

Job Skills Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process ImprovementsAdditional Job DetailsAddress: RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity: TORONTOCountry: CanadaWork hours/week: 37.5Employment Type: Full timePlatform: WEALTH MANAGEMENTJob Type: RegularPay Type: SalariedPosted Date: 2024-12-17Application Deadline: 2024-12-30Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .

Expected salary

Location

Toronto, ON

Job date

Wed, 18 Dec 2024 23:53:47 GMT

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