Complex Operations Associate

What is the opportunity?

The Complex Operations Associate is responsible for the execution of all complex operations activities including, but not limited to, the entering of client orders, the acceptance and disbursement of clients' funds and securities and any other tasks that pertain to the effective functioning of the complex' cage operations, as well as the complex as a whole.

What will you do?

• Ensure that all buy and sell orders not executable through the BETA Link order entry system are entered in an accurate and timely manner with appropriate management approval.*
• Facilitate the timely correction of all trade-related errors and cancel/rebills in accordance with complex main office, firm and regulatory policies and procedures. Ensure that appropriate management approval is obtained and that all appropriate documentation is kept on file.*
• Enter all syndicate indications of interest requested by FA/CA/BSM in a timely manner.*
• Enter all syndicate tickets by firm deadline. Ensure that they are filled out completely and have the required documentation on file. Obtain the appropriate management approval.*
• Accurately enter all cost basis changes after obtaining management approval. Maintain records for the complex according to firm policy.*
• Process all DTC requests after obtaining complex management approval.*
• Accurately record all checks received from clients and ensure that they are credited to the proper accounts. Transmit all checks received for deposit to Minneapolis on a daily basis. Promptly and accurately notify the respective FA and/or Associate of all checks received from their clients.*
• Accurately record all securities and/or coupons received from clients and ensure that they are credited to the proper accounts. Transmit all required information and documentation as it relates to the deposited securities (e.g., signatures, cusip numbers, legal documents, etc.) to Minneapolis on a daily basis.*
• Adhere to all compliance policies and procedures. Complete required internal continuing education activities.*
• Maintain a high level of confidentiality in accordance with RBC's Code of Conduct.*
• Perform general office responsibilities including opening & distributing mail, stamping outgoing mail, sending and receiving faxes, and maintaining correspondence & all operations related files as required by complex main office and firm policies and procedures.*

What do you need to succeed?

Must-have

• Minimum 1-2 years general office experience (financial services preferred)
• Bachelor's degree or job-related experience
• Basic computer skills (including Microsoft Office)
• Authorized to work in the U.S. without requiring visa sponsorship
• Good interpersonal verbal and written communication skills
• Detail orientated, good math and organizational skills
• Able to manage multiple demands and competing priorities
• Able to work effectively in a fast-paced, deadline-oriented environment

Nice-to-have

• Associate's degree or Bachelor's degree

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• 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.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $44,000-$66,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.