Syndicate Operations Analyst

Royal Bank of Canada; Bedford; On-site; CAD 52,000 - 76,000; Full time

Benefits offered by this job

Total rewards program including bonus

Coaching and development opportunities

Flexible work-life balance

Job summary

Royal Bank of Canada is seeking a detail-oriented Capital Markets Settlements professional in Bedford, Nova Scotia. The role focuses on operational efficiency, risk reduction, and compliance for US Municipal new issue-related settlements.

You will coordinate with trading desks, transfer agents, and underwriters to ensure accurate settlement processes. The role requires 1–2 years of experience with background checks, strong problem-solving and communication skills, and the ability to prioritize

Qualifications

• 1 - 2 years of experience with background check validations.
• Excellent problem identification and resolution skills.
• Team player with strong communications skills.
• Strong organizational skills.
• Ability to prioritize and work under tight deadlines.

Responsibilities

• Acquire DTC eligibility and liaise with transfer agents to settle Lead managed issues accurately and timely.
• Prepare final settlement letters for underwriters on Lead managed issues, including expenses, P/L and final letters.
• Wire monies for settlement of syndicate issues and pay related vendor invoices.
• Communicate with syndicate members and disburse final settlement fees.
• Adhere to Standing Orders for funds disbursement and respect internal funding limits.
• Collect fees for non-lead deals.
• Record all deal transactions, statistics and details in detail.
• Manage settlements to minimize operational risk and regulatory or reputational risk.
• Transmittal of monies with due diligence to mitigate risk.
• Report funding requirements timely to meet Firm capital guidelines.

Skills

Communication

Critical Thinking

Customer Service

Interpersonal Relationship Management

Operational Delivery

Process Improvements

Time Management

Job description

Job Description

What is the opportunity?

To support the US Municipal new issue businessThe role is intended to ensure operational efficiency, minimize risk and assure compliance with internal and external regulations for Muni syndicate offerings.This role involves frequent communication with the trading desks, and provides seamless execution of the operational aspects of the desks.

What will you do?

• Acquiring DTC, eligibility in addition to liaising with transfer agents to effect accurate and timely settlement of Lead managed issues.
• Prepare final settlement letters for underwriters on Lead managed issues. This includes collecting expenses, creating p&l and final settlement letters.
• Wiring of monies for settlement of syndicate issues, and payment of any related vendor invoices.
• Communication with syndicate members and disbursement of final settlement fees.
• Adherence to Standing Orders for funds disbursement, and remaining versed/aware of internal funding limits
• Collection of fees for non-lead deals.
• Detailed and accurate recording of all deal transactions, statistics and details
• Manage settlements effectively to avoid operational risk, regulatory violations or reputational risk.
• Transmittal of monies and payments with accurate due diligence, thereby mitigating risk.
• Time reporting of funding requirements, securing needed funding and meeting Firm capital guidelines

What do you need to succeed?

• 1 - 2 years of experience with background check validations
• Excellent problem identification and resolution skills
• Team player with strong communications skills
• Strong organizational skills
• Work with time deadlines requiring ability to prioritize

What's in it for you?

• 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

Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, 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:

Regular Pay Type:

Salaried Posted Date:

2026-10-29 Application Deadline:

2026-11-15 Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.