2025 RBC Investor Services, Winter Student Analyst (4 months) - ref. l5969803
Job Summary
Looking to start your career in Investor Services? RBC fosters a positive learning environment for students by providing the support and resources to help strategize your career path. RBC Investor Services (RBCIS) delivers asset servicing solutions to Canadian asset managers and asset owners, investment counsellors and other financial institutions.Part of Royal Bank of Canada, our focus is on safeguarding the assets of our clients and supporting their growth. We have over 125 years of experience in providing investor services and we are an award winning custodian.
Cash Management performs the operational activities related to I&TS cash movements – both at the Nostro, or sub-custodian, level and at the individual custody client level. Client Cash Control perform the operational activities related to the identification, verification and control, and release and settlement of I&TS client payments.
Do any of these areas interest you? If yes, then be sure to check out the RBC Investor Services Winter Student Analyst opportunity below!
Job Description
What will you do?- Funding Nostro accounts
- Monitoring CLS Manager.
- Running DBA Reports.
- Monitor PFC and determine risk associated with held payments
- Complete TAR requests when required.
- Assist in establishing ongoing reconciliation process, including documenting procedures, for monthly reconciliation of accounts on Milvus to account loaded in PFC
- Assist Team with checklists, monthly reports and reconciliation of breaks.
- Learning opportunity of Corporate landscape for students.
- Professional work Etiquette
- Analytical Skills
- Potential Career insight into operations.
What do you need to succeed?
Must-have- Working towards a Bachelor degree in Finance, Business Administration, or other related field
- Strong personal skills and the ability to work effectively independently and within a team environment
- Professional written and verbal communication skills
- Highly organized with good attention to detail and very high level of accuracy
- Proficient in the full suite of Microsoft Products, including Excel Word, PowerPoint, Access
- Outlook
Please note:
In order to be eligible for these student positions, you must either:
- Be returning back to school after the work term end-date; or
- If you are not returning back to school (i.e. are graduating immediately after the work term), you must require the full work term as a mandatory component in order to graduate successfully
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. At RBC, you will have opportunities to:
- Interact with leaders who support your development through coaching and managing
- Network and build lasting relationships with students from diverse backgrounds from across Canada
- Make a difference and lasting impact through meaningful work
- Work in a dynamic, collaborative, progressive, and high-performing team
Job Skills
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative
Additional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO
City:
TORONTO
Country:
Canada
Work hours/week:
- 5
Employment Type:
Full time
Platform:
WEALTH MANAGEMENT
Job Type:
Student/Coop (Fixed Term)
Pay Type:
Salaried
Posted Date:
2024-09-20
Application Deadline:
2024-10-07
Inclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.