Transaction Processing Administrator

RBC•Toronto, ON

2d•CA$46,000 - CA$70,000•Onsite

About The Position

In this role, you will be responsible for the accurate and timely processing of all unitholder activity and maintenance of unitholder records, in line with internal policies, client requirements and well as external regulatory requirements on behalf of various Investment and Insurance Companies that offer investments such as Mutual Funds, Pooled Funds and Segregated Funds. The role reports to the Manager Transaction Processing in Shareholder Services. Each Manager is responsible either for designated client groups or specific functions (such as Adjustments, Quality Control or Support) for which they are wholly accountable in terms of Services Level results.

Requirements

2 + years’ experience within Shareholder Services or similar multi-client mutual fund administration environment
Good working knowledge / experience in the financial services industry, specifically in Mutual fund and Segregated Funds administration
Sound knowledge of Mutual Fund and Segregated Fund taxation and compliance /regulation – including Registered Products
Demonstrated ability to work successfully in a fast-paced, high stress environment
Communicate effectively with both internal and external client groups
Sound technical and analytical skills in MS Office Suite

Nice To Haves

Completion of IFIC Mutual Funds Operations Course
Unitrax Recordkeeping System knowledge
FundSERV knowledge

Responsibilities

Pre-screen, prepare and input all financial and various non-financial transactions by standard cut off times. Includes but is not limited to: account set-up; redemptions, purchases, switches, non-complex NIGOs, direct trade and wire order placement and settlement.
Monitor and clear Workflow/Capture items within Service Level Agreements(SLA).
Apply all quality control procedures and conduct reconciliation and settlement of daily trades.
Audit Transactions, question procedures, suggest improvements to processes and give accurate feedback to team members to help reduce errors and ensure a high accuracy rate.
Communicate effectively with both internal and external client groups.
Work with Manager to update Desk Operating Procedures and other tasks as assigned.
Strong technical and analytical skills in running/debugging various applications and macros.
Ability to work overtime/long hours especially around peak season (RRSP), month-end and year–end to support the team.

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.