Settlements Administrator

RBC•Toronto, ON

1d•CA$46,000 - CA$70,000•Onsite

About The Position

In this role, you will oversee the settlement of security trades across North American markets. Your responsibilities will include ensuring timely trade matching and settlement, conducting investigations related to client inquiries and reconciliation discrepancies, and maintaining compliance with industry standards for custody, clearing, and settlement practices. Experience with RBC Investor Services (IS) operations and knowledge of settlement principles would be advantageous. We seek a strong communicator capable of delivering results in a fast-paced, deadline-driven environment with evolving priorities.

Requirements

University/College degree in Business, Finance or equivalent
Minimum work experience in a financial institution, investment firm, or related financial services environment.
Advanced proficiency in Microsoft Excel and demonstrated technical competency with relevant financial systems and tools.
Strong analytical capabilities with proven problem-solving expertise and attention to detail.
Demonstrated ability to collaborate effectively within team-based environments and build productive working relationships.
Excellent written and verbal communication skills with the ability to convey complex information clearly and concisely to diverse audiences.

Nice To Haves

Experience with Market Trade Settlements, Custody Operations or Financial Back Office Operations
Proficiency in Microsoft Excel Macros and/or Programming Language (such as Python, Java, JavaScript, or C++)
Recognized Financial Industry Accreditation (i.e. CSC, CPA, CGA… etc.)
Familiarity with Investor Services Systems & Platforms: Canadian Depository for Securities (CDS), Depository Trust Company (DTCC), Transaction Lifecycle Management (TLM), Arrow, Trust, Milvus.

Responsibilities

Ensure all settlement activity and processes are completed with accuracy, timeliness and completeness within market time frames.
Provide a high level of service by responding promptly and accurately to daily queries and requests regarding Security Trade Settlement.
Respond to specific requests received via email or telephone.
Participate in approved Projects & Initiatives.
Demonstrated capacity to maintain performance quality and meet deliverables during periods of high transaction volume and compressed timelines.
Prioritize/Manage tasks to ensure SLA’s are met and our Clients experience Exceptional Service.
Execute trade settlement processes in accordance with established procedures/deadlines, maintaining accuracy and operational efficiency.
Maintain current and comprehensive desk operating and protocols.
Conduct accurate and complete reconciliation activities, including end-of-day settlement verification and ledger balance validation.

Benefits

bonuses
flexible benefits
competitive compensation
commissions
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.
Flexible work/life balance options.
Opportunities to do challenging work.
Opportunities to take on progressively greater accountabilities.
Access to a variety of job opportunities across business.