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 Associate Director, Securities Banking Operations



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?

• Responsible for leading Settlement Operations, Mandatory Corporate Actions, Data Management teams together with Retail Payments, Banking activities and Cash and Stock reconciliations outsourced from Wealth Management International (WMI) business in the British Isles (BI) servicing onshore and offshore jurisdictions
• Provide effective management of the team\xe2\x80\x99s deliverables in processing Settlement, Corporate Action and Data Management functions covering a variety of assets types
• Provide effective management and oversight of the team\xe2\x80\x99s delivery of Retail International Payments, general Banking transactional processing and the Cash Reconciliations & Investigations and Stock Reconciliations
• Oversight of maintenance functions covering trade capture, trade settlement, internal and external transfers, corporate action publishing and processing, securities data set up, maintenance and pricing in line with bank terms in relation to all services
• Manage relationships with senior stakeholders across WMI to drive consensus on the delivery of initiatives whilst anticipating obstacles to success and deploying prudent contingencies
• Ensure that the team is able to adhere to the relevant procedures and controls
• Ensures reporting of Management Information related to the function is done timely, accurately and completely to maintain KRI/KPI standards
• Responsible for managerial duties for allMalaysia teams supporting WMI Business
• Ensure all audit issues relating to the department are resolved, ensuring no repeat items and no overdue items
• Responsible for job planning and workload management

What do you need to succeed?

Must-have

• Relevant Degree in Business, Finance or formal business qualification
• Minimum 10 years of working experiences within a Private Bank or Wealth Management securities operations environment
• Proven experience in managing larger teams (20+)
• Self-motivated and able to work under pressure in a dynamic and fast paced environment
• Ability to work in a team-based environment and a proactive contributor to improving processes and constantly looking for process improvement and efficiencies.

Nice-to-have

• Familiarity with Custdody systems, Avaloq, Milvus, IMActions, Bloomberg, Intellisuite reconciliations
• Strong analytical skills and attention to detail

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: Regular

Pay Type: Salaried

Posted Date: 2023-03-09-08:00

Application Deadline: 2023-03-28-07:00

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