Reconciliations Officer (Contract)

RBC; Bedford; On-site; CAD 55,000 - 75,000; Full time

Job summary

RBC is seeking a dedicated professional for a 15-month contract role focused on customer inquiries and banking product transactions. The ideal candidate will have a strong foundation in Capital Markets, excellent communication skills, and a commitment to operational excellence. Join a dynamic team that values collaboration and continuous improvement.

Benefits

Comprehensive Total Rewards Program

Flexible benefits

Competitive compensation

Opportunities for challenging work

Flexible work/life balance options

Qualifications

• 1-2 years experience in a Capital Markets role and/or reconciliations based role.
• Good understanding of Capital Market Products and transactional/accounting flows.

Responsibilities

• Responsible for the reconciliations of designated processes under prescribed Standard Operating Procedures.
• Ensure true breaks are identified and investigation/reported within the agreed SLAs.

Skills

Active Learning

Communication

Critical Thinking

Customer Service

Operational Delivery

Process Improvements

Time Management

Education

University degree or College Diploma in Business, Finance or Economics

Tools

Broadridge

OnDemand

JEFE

CDS

DTCC

Job description

Job Summary

Job Description

What is the opportunity?

Receives, investigates, and responds to all customer inquiries and complaints regarding banking products and services; processes basic bank service transactions. With extensive knowledge of the job and policies/practices, performs a wide range of advanced administrative/operational assignments.

***Please note, this is a 15-Month contract opportunity***

What will you do?

• Responsible for the reconciliations of designated processes under prescribed Standard Operating Procedures (SOPs) ensuring Service Level Agreements (SLAs) are met and applying solid knowledge of the Product Operations, its
• procedures, methods and systems to the reconciliations process
• Ensures daily/monthly data feeds are received on time, with proper follow up conducted for missing/incorrect information e.g. IT incidents tickets raised
• Applies knowledge of the product supported and processes, such as, payment methods, terms and conditions, general operating policies, rules and regulations used by correspondents, clients and their agents in the day to day reconciling of accounts
• Recognize that accuracy is key to ensure true breaks are identified and investigated accordingly
• Support the process of creating, updating and maintaining SOPs and demonstrate strong ability to understand and apply those procedures
• Strict adherence to policies and regulatory requirements is observed
• A good understanding of the operational controls and how they apply to the reconciliation processing
• Display good judgment, decision-making skills and demonstrates 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 (automating processes)
• Identify service gaps provided to client groups and makes suggestions to management for improvement
• Responsible for personal development and cross-training coordination; participation as identified through ongoing business and/or department needs analysis.
• Proven capability of supporting the reconciliation processes within the teams scope including all month end and standalone processes.
• Demonstrates flexibility to assume project work outside of the general reconciliation process as determined by management
• Assist with administrative duties such scanning documents and emails

What you need to succeed?

• University degree or College Diploma in Business, Finance or Economics; or any equivalent combination of qualifications and/or experience
• 1-2 years experience in a Capital Markets role and/or reconciliations based role
• 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. Broadridge, OnDemand, JEFE, CDS, DTCC.
• Computer literacy ie. Knowledge of PCs and Microsoft related software
• Demonstrate analytical and problem solving skills
• Strong organizational and time management skills
• Teamwork and Co-Operation
• Good interpersonal skills, tact and diplomacy
• 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 Skills

Active Learning, Communication, Critical Thinking, Customer Service, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address:

90 WESTERN PKY:BEDFORD

City:

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:

2025-05-16

Application Deadline:

2025-05-31

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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