Full-Time

On-Site

Administrator, Pooled & Mutual Fund Group

RRoyal Bank of Canada 200 Bay Street, Toronto, Ontario$46,000 - $70,000 per year

Description

This role at Royal Bank of Canada involves the production and verification of financial data for statements, resolving reporting issues, and coordinating with business units to implement corrective actions and procedures. Key responsibilities include processing mutual and pooled fund transactions for various client types, reviewing trade instructions, reconciling transactions on custodian platforms, and communicating with investment managers. The position also supports client onboarding initiatives, project management, and addresses client account administration issues promptly. Accuracy and timeliness are highly prioritized.

What We're Looking For

Produce and verify financial data to generate financial statements within set deadlines.,Identify and resolve reporting problems, working with business units to ensure corrective actions and proper procedures.,Collaborate with coordinating and internal groups for processing and reconciling relevant transactions.,Process Mutual and Pooled Fund Transactions accurately and timely for Pension, ICS, and Insurance Clients.,Review Trade Wire Instructions and reconcile/record transactions on custodian platforms.,Meet client expectations and communicate with investment managers/Fund Sponsors/Custodians regarding daily transactional issues.,Investigate and resolve issues related to client account administration promptly.,Attend client meetings and support client onboarding initiatives/projects.,Reconcile holdings and cash as necessary for investigations or suspense accounts.,Assist in assigning tasks, setting clear objectives, monitoring progress, and designing feedback loops.,Review internal processes and track success measures against team objectives.,Apply rigorous logic and methods to solve difficult problems effectively.

Ideal Candidate

University degree (Finance, Commerce or Business),1 – 3 years' experience in the financial services industry,Proven problem-solving skills,Knowledge of Global Client reporting products and services,Ability to work effectively in team and cross-functional environment,Strong supervisory and interpersonal skills,Knowledge of IIS systems (preferred),MBA or CPA, or industry related courses/designations (nice to have),Canadian Securities Course (nice to have)

Minimum Education

University degree (Finance, Commerce or Business)

Hard Skills

Account Reconciliations

Active Learning

Business Appraisals

Effectiveness Measurement

Mutual Funds

Office Administration

Operational Delivery

Process Improvements

Financial data verification

Global Client reporting products and services

IIS systems

Trade Wire Instructions

Custodian platforms

Soft Skills

Adaptability

Critical Thinking

Customer Service

Decision Making

Problem-solving

Teamwork

Cross-functional collaboration

Supervisory skills

Interpersonal skills

Communication

Attention to detail

Analyze Information

Work Hours

37.5 hours/week

Benefits

Excellent exposure to communicate with various business partners and stakeholders in RBC Investor Services and other platforms.

Working with an exciting, close-knit, supportive & dynamic group.

Opportunity to collaborate with other business segments within the bank.

Excellent career development and progression opportunities.

A comprehensive Total Rewards Program including bonuses and flexible benefits.

Competitive compensation.

Potential to earn RBC's discretionary variable compensation program.

About the Company

Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.

Purpose-driven

Inclusive

Innovative

Collaborative

Professional

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