tax analyst

RBC Dominion Securities; Toronto; On-site; CAD 50,000 - 85,000; Full time

Job summary

A financial services organization in Toronto is seeking a Senior Tax Analyst responsible for US tax reporting and compliance with IRS guidelines. The role requires a university degree or relevant experience, along with knowledge of QI and FATCA regulations. Strong analytical and interpersonal skills are essential for developing procedures and ensuring regulatory compliance in a collaborative team environment. The position offers a competitive salary range of $50,000 − $85,000 and various benefits to support work/life balance.

Benefits

Comprehensive Total Rewards Program

Leadership support for development

Opportunities for impact

Dynamic, collaborative team environment

Flexible work/life balance

Challenging work opportunities

Qualifications

• Must have a university degree or 3+ years of work experience in a related field.
• Knowledge of QI & FATCA withholding and reporting guidelines.
• Strong technical competency in handling large data volume.
• Solid risk management and mitigation focus mindset.
• Excellent interpersonal skills and ability to multitask.

Responsibilities

• Ensure accuracy and timeliness of US tax withholding and reporting.
• Develop procedures to comply with IRS QI and FATCA obligations.
• Identify tax reporting discrepancies.
• Participate in regulatory project development and testing.
• Support QI reporting responsibilities for custody platforms.

Skills

Active Learning

Adaptability

Business Appraisals

Critical Thinking

Customer Service

Decision Making

Effectiveness Measurement

Operational Delivery

Process Improvements

Education

University degree or 3+ years of work experience in a related field

Tools

Large data handling

Job description

Senior Tax Analyst

Job Description

As a Qualified Intermediary and Model 1 FFI, we are responsible for ensuring US tax reporting/withholding and remittance is done to the IRS on a timely basis. In this role, you will be responsible for all activities with respect to QI & FATCA withholding, remittance and reporting of US source income to the IRS for RBC Investor Services Trust and Royal Bank of Canada custody accounts.

Responsibilities

• Ensure the accuracy, timeliness and completeness of US tax withholding, remittance and reporting of US source income.
• Develop comprehensive procedures to ensure that all reporting and reconciliations comply with the IRS QI and FATCA obligations and internal audit, including ensuring desk operating procedures are fully documented and current.
• Identify any tax reporting discrepancies.
• Participate in the development and testing phases of regulatory projects involving RTAX and various custody systems, which contain system enhancements meant to improve the overall efficiency of tax reporting and to meet the IRS regulatory reporting requirements.
• Understand and communicate interdependencies between Canadian and U.S. reporting to all constituents.
• Support QI reporting responsibilities for other custody platforms, as required.
• Liaise with the Tax Advisory Group to ensure regulatory requirements are met within the department’s operating deliverables.
• Prepare US tax Forms 945, 1042, 1099, 1042‑S and handle US REITs and RICs reclassification adjustments.

Qualifications

• Must have a university degree, and/or 3+ years of work experience in a related field.
• Knowledge of QI & FATCA withholding and reporting guidelines.
• Strong technical competency in handling large data volume.
• Solid risk management and mitigation focus mindset.
• Excellent interpersonal skills and ability to multitask with competing priorities and timelines.

Benefits

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 management opportunities.
• Opportunity 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 and take on progressively greater accountabilities.

Job Skills

• Active Learning
• Adaptability
• Business Appraisals
• Critical Thinking
• Customer Service
• Decision Making
• Effectiveness Measurement
• Operational Delivery
• Process Improvements

Additional Details

• Address: RBC CENTRE, 155 WELLINGTON ST W, TORONTO, Canada.
• Work hours/week: 37.5 hours.
• Employment Type: Full time.
• Workplace: On site, Toronto, ON.
• Job Type: Regular.
• Pay Type: Salaried (expected range $50,000 − $85,000).
• Application Deadline: 2026-01-07.