Administrator, Trust Accounting Investigations

Job title:

Administrator, Trust Accounting Investigations

Company

Royal Bank of Canada

Job description

Job SummaryJob DescriptionWhat is the opportunity?In this role, you will complete the Trust Accounting Reconciliations on a daily basis, ensuring that all accounts are reconciled and that outages are investigated and sourced to the correct Business Units. The Administrator will also be required to utilize stated reconciliation applications and other related tools and to ensure that existing controls, procedures and processes are aligned to our existing Operational Risk Framework Practices.What will you do?

• Ownership for specified Trust Accounting reconciliations across suspense accounts
• Responsible for driving resolution of all outstanding breaks through escalation and query management.
• Investigation and source all breaks on a timely basis.
• Ensure that the processing of journal entries are sent for approval prior to the deadline.
• Follow-up and escalation of outstanding breaks.
• Ensure that there are no breaks sourced to the TA Investigations team greater than 5 days.
• Ensure that cross-training activities are completed with team members.
• Provide backup for staff who are on vacation or out of the office.
• Identify areas of improvement by analysing breaks and reviewing trends.
• Updating of Desk Operating Procedures & User Guides to reflect changes/enhancements, as required.
• Completion of all personal learning courses within the established timeframes.

What do you need to succeed?Must-have

• 2+ years of relevant work experience within the financial industry
• Strong communication and client relation skills
• Strong, effective organizational and prioritization skills

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 Accounting Reconciliation, Active Learning, Analytical Thinking, Collaboration, Communication, Critical Thinking, Process Improvements, Reconciliations, Time Management, Trust AccountingAdditional 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: 2025-01-28Application Deadline: 2025-02-04Note: 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

Thu, 30 Jan 2025 03:32:59 GMT

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