Reconciliations Officer

2 weeks ago


Bedford, Canada Royal Bank of Canada Full time

**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’re 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**

Reconciliations Officer

**What is the opportunity?**

This position is responsible for providing exceptional customer care through the daily reconciliation of processes supporting various Client Groups and the identification of those items that require further investigation and resolution. Through ongoing training initiatives and continuous self
- development, we as a team ensure efficient and effective cross-functional shared service to ensure timely reconciliations, loss prevention and risk mitigation as prescribed by Bank’s Standards and Procedures.
All responsibilities carried out in accordance with Code of Conduct, RBC Values, Standing Orders, and CM Reconciliations Policies and Standards.

***Please note: This is a 13 month contract position starting in Sept 2023.**

**This role will require you to be flexible with working on Statutory Holidays and working overtime as required**

**What will you do?**
- Ensure daily/monthly data feeds are received on time, with proper follow up conducted for missing/incorrect information e.g. IT incidents tickets raised.
- Recognize that accuracy is key to ensure true breaks are identified and investigated accordingly.
- Strictly adhere to policies and regulatory requirements.
- Display good judgment, decision-making skills and demonstrate a strong knowledge of the products, transactional flows and accounting related to the Client Groups supported.
- Ensure true breaks are identified and investigation/reported within the agreed SLAs and items that represent a potential loss to the Bank are escalated immediately.
- Display a strong commitment to teamwork; open two-way communication and good staff morale.
- Seek opportunities to share information with colleagues.
- Identify departmental system or process changes to streamline and/or improve the reconciliation process and efficiency (matching rules, automating processes.)
- Identify service gaps provided to client groups and makes suggestions to management for improvement.
- Be responsible for personal development and cross-training coordination and participation as identified through ongoing business and/or department needs analysis.
- Support the reconciliation processes within the team’s scope including all month end and stand alone processes.
- Assume project work outside of the general reconciliation process as determined by management.

**What you need to succeed?**

**Must-have**:

- Demonstrate analytical and problem solving skills
- Strong organizational and time management skills
- Demonstrate teamwork and Co-Operation
- Good interpersonal skills, tact and diplomacy and have a calm and logical approach to all situations

**Nice-to-have**:

- Good understanding of Capital Market Products and transactional/accounting flows
- Solid knowledge of Reconciliation Procedures.
- Solid knowledge of key reconciliation systems and Back-Office systems, e.g.INTELLITRACS, IntelliMatch, Bess, RIMMS, EGL, Storqm, RATS
- Computer literacy - ie. Knowledge of PC’s and Microsoft - related software
- Ability to embrace organizational change at an individual and team level
- Demonstrate flexibility to cross train

**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.
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options

**Job Summary**

**Address**:
90 WESTERN PKY:BEDFORD

**City**:
CAN-NS-BEDFORD

**Country**:
Canada

**Work hours/week**:
37.5

**Employment Type**:
Full time

**Platform**:
Capital Markets

**Job Type**:
Contract (Fixed Term)

**Pay Type**:
Salaried

**Posted Date**:
2023-07-26

**Application Deadline**:
2023-08-10

**I**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



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