Royal Bank of Canada
Job title:
Fund Analyst
Company
Royal Bank of Canada
Job description
Job SummaryJob DescriptionWhat is the opportunity?As part of a high performing team, you will ensure the operational and administrative effectiveness for RBC Global Asset Management, as well as support cost controls and operational efficiencies for the RBC Mutual Funds. You will be responsible for the valuation and reporting of unit prices for assigned Mutual Funds within fixed deadlines enabling the unitholder systems to properly calculate the value of client’s holdings and process mutual fund transactions. For more information, please visit:What will you do?Enter, review and analyze transactions (i.e. unitholder subscriptions and redemptions, management fees, expense accruals, security trades) to ensure accurate and timely entry into the Accounting/Investment book of Record.Monitor and reconcile each portfolio daily to ensure that cash, security, and unit positions correctly reflect the client’s holdingsEnsure corporate actions are entered into EAGLE and reflect all relevant securities and tax regulationsReport daily fund prices and income factors to unitholder systems and external sources for publicationMaintain security pricing file within established departmental guidelinesWhat you need to succeed?Must have:2+ yrs. experience in investment and securities industriesStrong PC literacy, specifically Microsoft Excel spreadsheets including VBA/Macros and Windows applicationsBasic accounting skillsReconciliation experiencePost-Secondary education in Finance or related fieldAbility to work in a team environment, strong communication, time management, problem solving, and attention to detailNice to have:IFIC &/or CSCworking towards Finance/Accounting designationKnowledge of Mutual Fund valuation and general ledger system, pricing/data applications Bloomberg, Thomson One Financial, etc.SQL, Microsoft Access or any relational database managementKnowledge of EAGLE accounting/portfolio management systemTrade entry experience – corporate actions, derivative transactions, etc.Security pricing experience with: Equity – Domestic, international, fair value pricing; Fixed Income (Plain vanilla, Convertibles, MBS, Strips, Real Return bonds, etc.); Derivatives – futures, options, forwards, swaps, credit default swaps, etc.; Others – private placements, warrants, rights, restricted securities, etc.What We OfferWe 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.A comprehensive Total Rewards Program including bonuses and flexible benefitsLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and have a lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsAccess to a variety of job opportunities across business and geographiesJob Skills Accounting, Auditing, Detail-Oriented, Expense Management, Finance, Financial Accounting Systems, Financial Analysis and Reporting, Financial Recordkeeping, General Ledger Administration, Generally Accepted Accounting Principles (GAAP)Additional 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: 2024-07-25Application Deadline: 2024-08-08Inclusion 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
Sat, 27 Jul 2024 04:39:43 GMT
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