Operations Specialist I

Royal Bank of Canada • Minneapolis, MN

4d • $50,000 - $80,000

About The Position

What is the opportunity? The Securities Based Lending team supports RBC Wealth Management’s Lending products. This team is also responsible for servicing the client’s internal pledges and lines of credit which includes the setup of loans, distributing funds, processing incoming payments, reconciliations and customer service. As an Operations Specialist I, you will be considered the subject matter expert for processing all loan related transactions and account maintenance. If you enjoy challenging work and are looking for the next step in your career, we want to hear from you! What will you do?

Requirements

• 4-year degree from an accredited university (or equivalent) OR High school diploma (or equivalent) AND 3 years of job-related experience.
• Must be able to anticipate needs and demands of day-to-day workflow in a fast paced, pressured work environment with strict time deadlines.
• Must be able to communicate clearly and succinctly and able to delegate effectively.
• Must have ability to quickly analyze complex problem situations and provide solutions with guidance from Lending Management.
• Must be flexible with priorities throughout the day

Nice To Haves

• 4-year degree from an accredited university in business, finance or related field.
• 3+ years business, finance, customer service and/or accounting/bookkeeping experience.
• Previous experience in the securities or banking industry preferred.
• Proficient with using Microsoft Visio, Power BI, SQL, etc.
• Previous wire or ACH experience
• Experience building PowerPoint presentations intended for Senior Management

Responsibilities

• Process incoming and outgoing wire and ACH transactions
• Process system entries for transactions
• Make updates to client Credit Access Lines
• Reconcile banking applications and general ledgers
• Research ad hoc requests
• Other duties as assigned

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees