Estate Specialist

Job Description

What is the opportunity?

You will be part of a supportive and collaborative team that helps families and executors navigate the estate settlement process with care and accuracy.  This role offers the chance to work closely with internal partners across operations, tax and client service to ensure a smooth and positive experience for every estate settlement.

What will you do?

• Identify opportunities to improve processes strengthen controls and enhance client experience.

• Review and process estate documentation ensuring all requirements are complete and compliant.

• Monitor estate files from start to finish, tracking progress and following up to resolve outstanding items.

• Helping other business units stay informed about Estate tax implications of their operation.

• Preparing appropriate Estate tax forms and instruments for filing with federal, state and local jurisdictions.

• Researching and monitoring appropriate federal, state and local Estate tax regulations and obligations.

What do you need to succeed?

Must haves:

• Strong understating of estate settlement processes with working knowledge of estate documentation requirements.

• Experience with financial Registered products such as RSP, TFSA and RIF

• Knowledge of how assets are transferred, liquidated or distributed after death

• Regulatory & Compliance Awareness, working knowledge of estate administration, probate or trust operations

• Working knowledge of tax slips and CRA estate reporting

• Strong attention to detail in reviewing documentation and processing requests.

• Ability to handle multiple estate files simultaneously while meeting service-level agreements

• Follow procedures carefully while identifying opportunities to improve efficiency and accuracy

Nice-to-have:

• Knowledge of Capital gains, deemed dispositions, and final tax return filings

• Exposure to Foreign withholding tax or non-resident estate

• Understanding of Compliance and audit requirements

• Familiarity with Settlement processes for complex accounts

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.

Job Skills

Communication, Critical Thinking, Detail-Oriented, Estate Administration, Estate Law, Financial Planning and Analysis (FP&A), Group Problem Solving, Internal Communications, Knowledge Organization, Long Term Planning, Taxes, Tax Forms, Tax Management, Tax Operations, Tax Regulations, Trust Accounts

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:

Regular

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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