Senior Specialist, Corporate Actions

RBC • Toronto, ON

8d • Onsite

About The Position

The Corporate Actions team manages the end-to-end lifecycle of Corporate Action events ensuring accurate and timely processing to mitigate risk. They process entitlements on mandatory/voluntary events, reconcile cash and security positions, and communicate with various stakeholders.

Requirements

• 2-4 years Back Office experience within financial services industry
• Knowledge of Corporate Action Principals & Custody Platforms
• Intermediate MS Office Suite (Excel, Word, Outlook, etc.)
• ability to work in a fast-paced environment
• Empowerment to complete all tasks as assigned
• individual must display a good understanding of escalation

Nice To Haves

• Canadian Securities Course

Responsibilities

• Manage various workflows to ensure thorough and accurate review of Corporate Action information to communicate clearly to our clients.
• Review and validate incoming client instructions and ensure all tenders are submitted accurately, prior to stated deadlines.
• Give priority to urgent elections while managing short deadlines and high volumes.
• Reconcile and balance entitlements received prior to posting to client accounts.
• Ensure post balancing occurs, and any associated breaks are appropriately managed and cleared.
• Escalate all critical issues identified immediately to ensure risk mitigation and control.
• Ensure errors and omissions are maintained at an absolute minimum, or where occurring are not repetitive in nature as part of managing key risk indicators.
• Investigate escalations and collaborate with various parties for resolution where possible.
• Further escalate unsolved issues to management team to ensure risk containment.
• Monitor and assist with reconciliation of asset breaks where applicable.
• Respond to all client queries in a timely manner providing all necessary information and backup for quick resolution.

Benefits

• bonuses
• flexible benefits
• competitive compensation
• commissions
• stock where applicable
• Leaders who support your development through coaching and managing opportunities
• 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: Senior
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees