Registered Plans Officer

Job title:

Registered Plans Officer

Company

Canadian Western Bank

Job description

At , we strive to build value for the people who choose us every day: our people, our clients and our investors. We do this by holding true to the values that guide us. We put people first and build relationships with intention. We seek out and embrace new ideas, knowing that better is always possible. We believe that how we do things is as important as what we do. And we harness the power of inclusion. Our culture is who we are and how we show up – as individuals and as a team – to accomplish our strategy.

Role Specifications

On-site requirements.

Location: Vancouver, BC

Hire Range: $46,200-$57,800

Note: The external title has been changed to align with industry standards. The internal job title will be: “Trust Services Officer”

CWB Trust Services

Delivering value through personalized solutions and responsive custody and trust expertise. Helping our clients by taking care of our clients’ money.

Trust your finance career to CWB

The overwhelming majority of our employees say CWB is a Great Place to Work®

We’re different from other employers in the way we engage our employees – caring, responsive, and armed with an obsession for growing talent. Our reputation is powered by a people first culture that ensures our employees be and feel heard, promotes inclusivity and diverse viewpoints, and inspires collaboration and innovation.

CWB Inclusion has power

Labels don’t matter here. But your perspective does.

Bring you. All of you. Single parent. Ally. Rock climber. Indigenous community member. Film buff. Amputee. Nature photographer. Climate change activist.

The opportunity

In the role of a Registered Plans Officer, your primary function will be to provide back-office administration support to our Bare Trust Clients. We are looking to add to our registered plans team so this will include activities related to the knowledge of locked-in pension plans, RRSP’s, RRIF’s, TFSA, RESP, RDSP, & FHSA. Trust us – it’s more exciting than it sounds. You will be the go-to for the day-to-day operations inquiries from our broker/dealer clients. There is no better training ground for a career in the financial industry. If you are open to learning and have a go getter attitude this role is for you!

What you’ll be doing

• Financial transactions. Prepare daily wire transfers for outgoing funds and deposit incoming funds to/from broker/dealer clients and coordinate with Treasury Team as required. Review and approve estate settlements and prepare required tax slips. Review and approve unlocking requests.
• Risk. Support the annual administrative reviews of client day to day processes to ensure compliance to policy and minimize risk exposure.
• Documentation. Distribute and monitor the receipt of compliance certificates, OFSI forms for suppression of terrorism and sanctions and other documentation. Ensure all required documentation is complete and appropriately actioned within established timeframes.
• Operations optimization. Ensure Registered Plans email box queries are actioned within the required time frame and the email box is cleared. Proactively address potential procedure enhancements and best practices, sharing with management and peers.
• Privacy. Ensure that the confidentiality of Trust clients is maintained, and all authorized signers are updated.
• Collaboration. Provide direct support to other CWT and CWB teams such as Treasury, Operations, Payments, Wires, Business Development and Relationship Management.
• Performance measures. Complete all work within established timeframes, service level agreements and operational policies. Regularly review SLA targets to ensure client needs are met.

Who we’re looking for & what you’ve done

Core knowledge requirements

• High school graduation required
• Some business-related post-secondary education
• 1-3 years of administrative experience in banking, trust services or a related industry
• Client service experience is an asset

Demonstrated experience.

• Strong administrative and organizational abilities
• Strong attention to detail
• Strong understanding of RRSP, RRIF, TFSA, RESP, RDSP & FHSA rules
• Sound working knowledge of Microsoft Office products
• Sound written and verbal communication skills
• Strong Knowledge on Registered Plan Operations and locked-in legislation is desired

Why work with us?

Your success is our obsession.

If you are obsessed with client success – we will surround you with a strong foundation of care, support, autonomy & know-how to make it happen. Learning, development, coaching, mentorship, & opportunities for growth & innovation. Challenging work matched with recognition & rewards. Pay for performance incentives and all the vital benefits to take care of you and your loved ones because your whole wellness matters – physical, mental, financial, & spiritual! We live for today, and plan for tomorrow. Your investments grow with us with our RSP & ESP programs. And being an owner brings a differentiated level of motivation, engagement, empowerment & reward –with CWB, every employee can be an owner. Need another reason?

Find your at

#LI-JA1

IND-BC

As an equitable employer, CWB Financial Group is committed to providing a safe and where a diverse workforce thrives. You are welcomed and encouraged to bring your whole self to work. Dignity, respect and equality are non-negotiables. If you require during any part of the recruitment or selection process, please reach out.

Closing Date:

• Position closes at 12:01am on the close date identified below. 01/29/2024

Expected salary

$46200 – 57800 per year

Location

Vancouver, BC

Job date

Wed, 17 Jan 2024 00:40:09 GMT

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