Associate Director, Entitlements Tax Analysis

RBC; Toronto; On-site; CAD 80,000 - 140,000; Full time

Job summary

A major financial institution in Toronto seeks a skilled manager for the Entitlements Tax Team. This position entails overseeing tax operations related to corporate actions, collaborating with fund accounting teams, and establishing effective workflows. Candidates must have over 5 years of experience in the securities industry, a comprehensive understanding of tax laws, and proven leadership capabilities. The role offers competitive compensation and the opportunity to work in a dynamic and inclusive team environment.

Benefits

Comprehensive Total Rewards Program

Flexible work/life balance options

Opportunities for career development

Qualifications

• 5+ years of experience managing tax-related operations.
• Excellent knowledge of domestic and foreign tax regulations.
• Proven leadership and people management skills.

Responsibilities

• Manage operational needs of the Entitlements Tax Team.
• Liaise with Tax Advisory Group for complex event guidance.
• Ensure timely Canadian tax direction for corporate actions.

Skills

Excellent knowledge of tax laws

5+ years Securities Industry experience

Excellent understanding of corporate action principles

Demonstrated leadership

Ability to work under pressure

Client Focus

Job description

Job Description

What is the opportunity?

This role will manage the daily operational needs of the Entitlements Tax Team, this includes people and process management, and will actively participate in identifying and implementing continuous process improvement efficiencies and operational excellence along with risk mitigation programs

This role will have oversight of all tax related matters as it relates to Corporate Action and Income events and work closely with Fund Accounting teams to ensure they are also fully supported, establish the framework to initiate a workflow between Custody and FA.

What will you do?

• Oversight of the team’s organization of upcoming corporate action events and their review of appropriate documentation to provide Canadian tax direction on corporate action events accurately and on a timely basis.
• Liaise with Tax Advisory Group for guidance on potential complex events and issues, and document patterns and similarities of Corporate Action events reviewed by Tax Advisory Support.
• Ensure the team is providing clear detailed tax direction posting instructions, including transaction codes and/or tax categories, relative fair market values, and specific values as it pertains to Canadian or U.S. Income to satisfy reporting and withholding tax requirements.
• Recognize tax implications and narrative to assist CA Research Team with standard tax clauses.
• Stay up to date on tax regulation changes, and review how these changes will impact corporate action processing, income and tax reporting.
• Manage escalations and high-risk transactions to mitigate risk exposure.
• Manage support for complex security profiles to ensure Canadian and U.S. tax implications are accounted for along with an accurate flow through of complex income payments for such specialized assets.
• Oversight to ensure queries from internal Tax Reporting Teams – both Canadian and U.S.

What do you need to succeed?

Must haves:

• Excellent knowledge of tax laws / regulations affecting corporate actions, both domestic and foreign; and Canadian Tax Reporting
• 5+ years Securities Industry experience.
• Excellent understanding of corporate action principals.
• Demonstrated leadership, supervisory and people management abilities
• Ability to work under pressure, managing workloads and time efficiently to meet stringent deadlines in a stressful environment
• Client Focus

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

Adaptability, Crisis Management, Decision Making, Delegating Tasks, Group Problem Solving, Interpersonal Relationship Management, Long Term Planning, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address:
RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:
Toronto

Country:
Canada

Work hours/week:
37.5

Employment Type:
Full time

Platform:
WEALTH MANAGEMENT

Job Type:
Regular

Pay Type:
Salaried

Posted Date:
2025-12-19

Application Deadline:
2026-01-02

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

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$80,000.00 - $140,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.