Pension Information Management Administrator
Royal Bank of Canada
Job Responsibility:
Job Summary
What is the opportunity?
Pension Information Management Group is a team of administrators responsible for the timely acceptance, validation and preparation of client instructions before delivery to the Cash Processing Teams for execution. In this role, you will work proactively and collaboratively with other business units and client-facing teams to ensure delivery of positive, client-centric outcomes. The role involves servicing an assigned group of accounts in accordance with desk operating procedures and utilizing the Global Funding System to provide cash flow notifications to clients/fund managers as required. It also requires Investigation of issues or queries relating to the processing of transactions and/or instructions by the Information Management Group. You will will ensure that relevant pension regulatory requirements are met by following related RBCIS policies and procedures.
What will you do?
- Ensure timely and accurate acceptance, validation and preparation of client instructions before delivering to Cash Processing Teams
- Create, review and, where needed, update desk operating procedures and identify and resolve reoccurring problems to ensure corrective actions and proper procedures are put in place
- Ensure compliance with all policies and procedures currently in place, and identify any gaps in processes that might increase risk and highlight to management for remediation
- Ensure second level review is completed on identified processes within the team and issues or potential problems are immediately escalated to management for resolution
- Develop an understanding of assigned clients and their unique requirements, processes and structures and ensure continuity of client service by providing colleagues with ongoing cross-training on accounts and bespoke processes
- Share knowledge with team members to assist in the resolution of more complex problems
- Contribute to the success of the department by supporting and assisting other team members in meeting daily deliverables
- Validate client instructions against pension plan specific processes and procedures and identify instructions that fall out of normal scope for escalation
What do you need to succeed?
Must-have
- 2-3 years' experience in the financial services industry.
- Strong working knowledge/experience in the financial services industry, specifically in pensions, custody and client reporting
- Demonstrated ability to work successfully in a fast-paced, high stress environment
- Proven customer service skills
- Knowledge of Canadian pension
Nice to have
- College/University degree
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.
- Excellent exposure to communicate with various business partners and stakeholders in RBC Investor Services and within other platforms as appropriate
- Working with an exciting, close-knit, supportive & dynamic group
- Opportunity to collaborate with other business segments within the bank
- Excellent career development and progression opportunities
- A comprehensive Total Rewards Program including bonuses and flexible benefits
- Competitive compensation
Job Skills
Cash Flow, Information Management, Pensions, ValidationAdditional Job Details
Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:
TORONTOCountry:
CanadaWork hours/week:
37.5Employment Type:
Full timePlatform:
Wealth ManagementJob Type:
RegularPay Type:
SalariedPosted Date:
2024-07-22Application Deadline:
2024-08-09I nclusion 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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