Associate, Operations III

What is the opportunity?

You will interact with the Depository Trust & Clearing Corporation (DTCC), Euro Clear, RBC Wealth Management, RBC Capital Markets, correspondents, trading departments, and various departments within Operations.

You will act as a liaison between trading desks and other operations personnel within RBC, DTCC, Euro Clear, and/or transfer agents ensuring timely, accurate processing of Conversions.

What will you do?

• Completes all conversion exhibits obtaining required signatures. Submit instructions to the agent and coordinate allocation for all conversions.
• Monitor various depositories, clearing firms, bank reconciliation, and internal clearing accounts on a daily basis and reconcile differences to ensure accurate and timely processing of conversions.
• Reviews and tracks daily conversion volume, identifying potential changes to accounts including fails, pledges or pending trades in order ensure that conversions are completed in a timely fashion.
• Investigates and rectifies in a timely manner all problems, issues or errors, ensuring the various clearing accounts balance efficiently.
• Answers questions from operations, NY Capital Markets and the field on procedures and other information concerning the status and details of conversions.
• Assists the department's specialists as necessary with other voluntary and/or mandatory corporate action processing and notification on NY Capital Market internal accounts.
• Acts professionally and maintains the company's respectful workplace policy in all dealings with other departments and external customers.
• Performs other job related duties as assigned.

What do you need to succeed?

Must-have

• Strong working knowledge of PC (windows) environment.
• Knowledge of securities industry.
• Knowledge of firm, federal and exchange regulations.
• Knowledge of security payments.

Nice-to-have

• College degree or 4 years equivalent Corporate Actions brokerage work experience or a combination of education and related work experience.

What's in it for you?

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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities

The good-faith expected salary range for the above position is $40,000 - $65,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.