Job Description

Job Summary Responsible for effective management of Settlement and TransitionsWhat is the opportunity?We are leading diversified provider of financial services under 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.Supporting Region : UK / Channel Islands (3pm to 12am / 4pm to 1am )What will you do?

• Responsible for effective management of Settlement Operations including and not limited to adherence to SLA, handling escalations from team members, workload review
• Contact counterparties to agree Trade/Settlement dates and swap SSIs.

• Role covers:

• Asset Transition from instruction through to market Settlement.
• Trade Capture through to Market Settlement.

• Drives implementation of controls and processes to mitigate risks

• Operate common processes in support of all Settlements & Transition activities
• The escalation to Supervisor / Manager of matters which may present a financial or reputational risk, supported by current market practices, procedural evidence and supporting documentation.
• Provide relief support to both Settlements and Transition process and other duties as assigned on all functions performed within the team and across the department
• Provide support, direction and guidance where necessary for admins of the team

What do you need to succeed?Must-have

• Degree in Business, Finance or related discipline preferred with minimum 2-4 years of related working experience within a Private Bank or Wealth Management environment
• Strong working knowledge in MS Outlook / MS Word / MS Excel
• Minimum 2 years of working experiences within a Securities Operations environment
• In-depth knowledge of global practices in relation to market settlements
• Strong analytical skills and attention to details to ensure zero error rate
• As a guideline to ensure a reasonable time is spent in a role, you are expected to have at least 12 months of service in your current role for any lateral move

Nice-to-have

• Familiarity with Milvus and SWIFT standards
• 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

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 Skills Active Learning, Communication, Critical Thinking, Customer Service, Operational Delivery, Process Improvements, Time ManagementAdditional Job DetailsAddress: PERSIARAN IRC 2, IOI RESORT CITY IOI CITY TOWER ONE:PUTRAJAYACity: PutrajayaCountry: MalaysiaWork hours/week: 40Employment Type: Full timePlatform: Wealth ManagementJob Type: RegularPay Type: SalariedPosted Date: 2024-04-19Application Deadline: 2024-07-11Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 .

Royal Bank of Canada