Job Description

Come Work with Us!

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you\xe2\x80\x99re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title Administrator, COE Cash Reconciliations & Investigations



What is the opportunity?

We are leading diversified provider of financial services under One RBC. Founded in 1864, RBC is the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. We are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.

Our culture is defined by core values that represent what we believe in and what we stand for. They guide, unite and inspire us to have impact and do what\xe2\x80\x99s right. These values set the tone for our culture and unify us across geographies and businesses.

What will you do?

• Provide operational support and control enabling the growth of Business in British Isles for multiple jurisdictions and business entities
• Responsible for executing the established control and risk management environment to ensure all reconciliations are produced in accordance with Bank standards and regulatory requirements
• Ensuring reporting is delivered within the agreed SLA, business partners must be advised if timeframes can\xe2\x80\x99t be met

• Operate common processes in support of all reconciliation and cash investigation activities
• Escalate file/statement issues to the Manager Reconciliations British Isles or IT British Isles to gain resolution
• Ensure all Cash reconciliations and control reporting activity are completed and performed in accordance with documented procedures
• Provide relief support and other duties as assigned on all functions performed within the team and across the department
• Ensure proper escalation of issues / risks to management
• Other duties as assigned by management

Cash Reconciliation

• Perform daily cash reconciliation and reporting on Nostro and Custodian cash accounts and internal suspense accounts
• Raise payment investigations, case resolution and escalation as required.
• Ensure all discrepancies are investigated, raised to and rectified by relevant teams / departments
• Tasks will be performed for multiple Wealth Management legal companies

Securities Reconciliation

• Perform daily/monthly securities Transactional/Positional reconciliation of sub-Custodians and Mutual Funds
• Upload any manually received statements
• Ensure all discrepancies are investigated, raised to and rectified by relevant teams / departments

What do you need to succeed?

Must-have

• Diploma / Degree in Business, Finance or related discipline preferred
• 6 months contract role
• Self-motivated and able to work under pressure in a dynamic and fast paced environment
• Fast learner for new processing tasks assigned
• Be able to work with minimal supervision
• Adherence to procedures and control processes
• Ability to complete ad-hoc tasks and project deliverables by deadlines and achieve performance targets set
• Strong working knowledge in MS Outlook / MS Word / MS Excel
• Strong working knowledge in International Payments and Investigations
• Team Player and possess strong organizational skills
• Strong analytical skills and attention to details to ensure zero error rate

Nice-to-have

• Minimum 2 years of working experiences within a Private Bank or Wealth Management environment
• Good inter-personal and communication skills (written and verbal)
• Preferably with knowledge of Intellisuite reconciliation tools

What\xe2\x80\x99s 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 performance based bonuses, flexible benefits, and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• A world-class training program in financial services
• A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded

Job Summary

Address: Cyberjaya, Selangor, Malaysia

City: MYS-SELANGOR-CYBERJAYA

Country: Malaysia

Work hours/week: 40

Employment Type: Full time

Platform: Wealth Management

Job Type: Contract (Fixed Term)

Pay Type:

Posted Date: 2023-09-12

Application Deadline: 2023-09-29

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 rbc.com/careers.

Royal Bank of Canada