Mutual Fund Operations Associate

As part of a high-performing team, you will ensure the operational and administrative effectiveness for RBC Global Asset Management, supporting 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.

Responsibilities:

• Enter, review, and analyze transactions to ensure accurate and timely entry into the Accounting/Investment book of Record.
• 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 EAGLE and reflect all relevant securities and tax regulations.
• Report daily fund prices and income factors to unitholder systems and external sources for publication.
• Maintain security pricing file within established departmental guidelines.

Requirements:

• 2+ years of experience in the investment and securities industries.
• Strong PC literacy, specifically Microsoft Excel spreadsheets including VBA/Macros and Windows applications.
• Basic accounting skills.
• Reconciliation experience.
• Post-Secondary education in Finance or related field.
• Ability to work in a team environment, strong communication, time management, problem-solving, and attention to detail.

Nice to Have:

• IFIC &/or CSC.
• Working towards Finance/Accounting designation.
• Knowledge of Mutual Fund valuation and general ledger system, pricing/data applications Bloomberg, Thomson One Financial, etc.
• SQL, Microsoft Access or any relational database management.
• Knowledge of EAGLE accounting/portfolio management system.
• Trade entry experience – corporate actions, derivative transactions, etc.
• Security pricing experience with: Equity – Domestic, international, fair value pricing; Fixed Income (Plain vanilla, Convertibles, MBS, Strips, Real Return bonds, etc.); Derivatives - futures, options, forwards, swaps, credit default swaps, etc.; Others – private placements, warrants, rights, restricted securities, etc.

What We Offer:

• A comprehensive Total Rewards Program including bonuses and flexible benefits.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and have a lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Flexible work/life balance options.
• Access to a variety of job opportunities across business and geographies.