Fund Analyst

Job Description

What is the Opportunity?

As part of a high performing team, you will ensure the operational and administrative effectiveness for RBC Global Asset Management, as well as support cost controls and operational efficiencies for the RBC Mutual Funds. You will be responsible for the valuation and reporting of unit prices for assigned Mutual Funds within fixed deadlines enabling the unitholder systems to properly calculate the value of client's holdings and process mutual fund transactions. For more information, please visit:

Please note: this is a 2 year contract role

What will you do?

• Ensure all transactions (i.e. unitholder subscriptions and redemptions, management fees, expense accruals, security trades) are entered in an accurate and timely manner into the accounting system.

• Monitor and reconcile each portfolio daily to ensure that cash, security, and unit positions correctly reflect the client's holdings

• Ensure corporate actions are entered into the accounting system and reflect all relevant securities and tax regulations, analyze market value impacts of corporate actions

• Analyze daily fund activity, trade discrepancies against market data and report daily fund prices and income factors to unitholder systems and external sources for publication

• Maintain security pricing file within established departmental guidelines

• Train staff on operational processes and assist senior staff with daily process queries

• Assist in operational initiatives and enhancements and maintain internal procedures/policies and ensure controls are followed

 What you need to succeed?

 Must have: 

• Post-Secondary education in Finance or related field

• 3+ years relevant industry experience

• Good organizational, time management and problem solving skills with attention to detail

• Experience with Excel and VBA/Macros

• Ability to work in a team environment with strong communication and time management

• Experience with pricing/data applications Bloomberg, Thomson One Financial, etc.

Nice to have:

• Completion of IFIC or CSC or CFA Level 1

• working towards Finance/Accounting designation

• Knowledge of Mutual Fund valuation and general ledger system.

• Knowledge of EAGLE

• Basic accounting skills

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, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Flexible work/life balance options

• Opportunities to do challenging work

• Opportunities to take on progressively greater accountabilities    

• Access to a variety of job opportunities across business and geographies

Job Skills

Accounting, Auditing, Detail-Oriented, Expense Management, Finance, Financial Accounting Systems, Financial Recordkeeping, Financial Reporting and Analysis, General Ledger Administration, Generally Accepted Accounting Principles (GAAP)

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Contract (Fixed Term

Pay Type:

Salaried

Posted Date:

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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