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, UCITS V Regulatory & Reconciliation Specialist Team (Contract)



What is the opportunity?

RBC Investor & Treasury Services Malaysia is a processing center of operational excellence supporting 10 countries across three geographical time zones. Malaysia is one of two operational processing hubs that supports Custody - Transaction Management; Settlements; NAV Production; Fund Reporting; Shareholder Services; Global Fund Platform Services; Data Service Delivery; Entitlements \xe2\x80\x93 income and corporate actions and Reconciliations. The country employs a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of our global operations, improve service quality via our \xe2\x80\x98centres of excellence\xe2\x80\x99 and to implement/leverage standard processes globally.

Reporting to the Manager, you will be responsible for ESMA & UCITS V processing and reconciliation activities as defined in the operating model compliant with the regulation for operations in Kuala Lumpur serving the hubs of different geographies like Luxembourg, Ireland, Belgium and Switzerland (not part of EU but in scope). The role will support Luxembourg region with working hours between 4:00PM and 1:00AM.

What will you do?

Collect daily broker statements for sub-funds dealing with derivatives as defined in the SLA

Storage of the broker statements by manually uploading them in Share Point.

Receive daily reconciliation file dispatched automatically by IT and perform daily reconciliation of relevant Focus mirroring accounts with broker statements as defined in the SLA

Up-date the daily reconciliation file and upload in Share Point. Daily verification and adjustment of trading accounts with broker statements

Liaise with Lux CR/Transition teams in case of any missing system set-up and respond to all queries and incoming emails in a timely and effective manner

Investigation of reconciliation breaks and revert to the relevant parties in order to resolve the break. Perform the daily mapping between the broker statement and sub-fund as per the procedure in place.

Repair the parent transactions created incorrectly in order to enable automated mirroring according to the operating model and liaise with the respective team for process improvement

Follow-up the broker database describing the correct mirroring process for each statement and product.

What do you need to succeed?

Must-have

Tertiary education with Accounting/Finance concentration or equivalent

Any prior banking experience in operations or back office is a plus

PC literate in MS Office applications; Excel and Word

Knowledge of different investment instrument types

Motivated, flexible, able to be part of a team

Technical: Systems literate; Good verbal and written communication skills; Process improvement and innovation

Nice-to-have

Problem solving

Results oriented

Self-motivation

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 Receives, investigates, and responds to all customer inquiries and complaints regarding banking products and services; processes basic bank service transactions. With extensive knowledge of the job and policies/practices, performs a wide range of advanced administrative/operational assignments.

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: Salaried

Posted Date: 2023-04-27

Application Deadline: 2023-05-14

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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