Director, Tax, Statements, Trade Confirmations and Prospectus Operations

RBC • Minneapolis, MN

7d • $130,000 - $210,000

About The Position

What is the opportunity? This is an important Director level position responsible for the management and supervision of daily operations for core regulatory client reporting functions, including Monthly Account Statements, Trade Confirmations and Prospectuses, and Tax Reporting. The mandate also includes direct leadership and participation in strategic initiatives related to the business function. What will you do? Provide senior oversight and subject matter leadership for the execution of "Run The Bank" activities and strategic initiatives for Tax, Statements, Trade Confirmations & Prospectus Operations. Proactively identify, manage, and mitigate risk, including ownership of Written Supervisory Procedures and controls, to ensure full compliance with regulatory requirements and internal policies. Implement operational best practices; establishing a culture of self-motivated process improvement within the bank. Develop and maintain trusted relationships with internal partners, external service providers, and regulatory authorities. Deliver to, or exceed, established department SLAs and operating goals. Maintain adequate staffing levels and work distribution, and mentor, develop, and recruit next level managers and general staff. Assure financial accountability for assigned cost centers and General Ledger accounts, including reconciliation and certification. Execute all other tasks as directed by the Managing Director, Client Reporting Operations. What do you need to succeed? Must-have Leadership and direction experience across a dynamic team of Operations professionals and associates. Ability to make sound judgments in real-time Exemplary understanding of regulatory and risk considerations related to the covered business functions. Deep knowledge of the Wealth Management and the integrated processes of the business operation Strong vertical and lateral partnering and communication skills. Series 99 and SIE requirements Nice-to-have Experience working with third-party service providers. Experience working with high volume data records. Familiarity with Secure File Transmission Protocols (SFTPs). 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. A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable Leaders who support your development through coaching and managing opportunities Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Opportunities to do challenging work Opportunities to take on progressively greater accountabilities Access to a variety of job opportunities across business The good-faith expected salary range for the above position is $130,000 - $210,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value

Requirements

• Leadership and direction experience across a dynamic team of Operations professionals and associates.
• Ability to make sound judgments in real-time
• Exemplary understanding of regulatory and risk considerations related to the covered business functions.
• Deep knowledge of the Wealth Management and the integrated processes of the business operation
• Strong vertical and lateral partnering and communication skills.
• Series 99 and SIE requirements

Nice To Haves

• Experience working with third-party service providers.
• Experience working with high volume data records.
• Familiarity with Secure File Transmission Protocols (SFTPs).

Responsibilities

• Provide senior oversight and subject matter leadership for the execution of "Run The Bank" activities and strategic initiatives for Tax, Statements, Trade Confirmations & Prospectus Operations.
• Proactively identify, manage, and mitigate risk, including ownership of Written Supervisory Procedures and controls, to ensure full compliance with regulatory requirements and internal policies.
• Implement operational best practices; establishing a culture of self-motivated process improvement within the bank.
• Develop and maintain trusted relationships with internal partners, external service providers, and regulatory authorities.
• Deliver to, or exceed, established department SLAs and operating goals.
• Maintain adequate staffing levels and work distribution, and mentor, develop, and recruit next level managers and general staff.
• Assure financial accountability for assigned cost centers and General Ledger accounts, including reconciliation and certification.
• Execute all other tasks as directed by the Managing Director, Client Reporting Operations.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees