Tax Operations Analyst

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

Job summary

Join RBC's Tax Operations team as a key contributor to tax compliance and reporting. In this role, you will manage critical tax functions affecting client onboarding and operational taxes, ensuring adherence to regulations like FATCA and CRS. Ideal candidates will possess a Financial or Economic degree, with strong skills in Excel and communication. This full-time position offers competitive compensation and opportunities for professional development within a dynamic environment.

Benefits

Comprehensive Total Rewards Program

Opportunities for professional development

Flexible work/life balance options

Qualifications

• 0 – 1 year of experience in the Financial Service Industry and/or data processing.
• Excellent MS Excel skills and knowledge of other computer applications.
• Attention to details and problem solving skills.

Responsibilities

• Ensure local compliance with tax obligations regarding identification and tax treatment.
• Undertake day to day activities of the Toronto Tax Operations Team.
• Establish and maintain controls surrounding the due diligence, withholding and reporting of Taxes.

Skills

Communication

Critical Thinking

Detailed-Oriented

Financial Planning and Analysis (FP&A)

Tax Management

Education

University Degree in Financial or Economic sector

Recognized Financial based diploma

Job description

Job Summary

Job Description

What is the opportunity?

You will perform a number of critical Tax Operations functions related to the on-boarding of new and/or existing clients; local management of the collection, remittance and reporting of transactional and asset based taxes imposed by multiple jurisdictions.

The team is aligned with other functional units within RBC CM that currently support RBC CM’s businesses. You will report to the Tax Operations Supervisor of the respective functional department.

What will you do?

• Ensure local compliance of tax obligations (compliance, advisory, planning) regarding the identification, tax treatment, withholding and reporting of transactional and operational taxes, particular to the Foreign Account Tax Compliance Act (FATCA), OECD Common Reporting Standards (CRS), Chapter 3/61, related Section Codes 305c, 302 etc, Hire Act (871m), Qualified Intermediary (QI), etc.
• Undertake day to day activities of the Toronto Tax Operations Team for RBC CM business Units, which includes, but not limited to, Controls infrastructure; integration of Tax processes across various systems, departments and infrastructure.
• Work actively with RBC Tax group to ensure that clients and entities are classified / certified correctly and that relevant documentation is completed to achieve appropriate taxation reportability classifications and withholdability rates.
• Establish and maintain controls surrounding the due diligence, withholding and reporting of Taxes, ensuring these are effectively managed and any risks are escalated in accordance with RBC Risk and Compliance policies.

What you need to succeed?

Must-have

• University Degree within a Financial or Economic sector, or a recognized Financial based diploma.
• 0 – 1 year of experience in the Financial Service Industry and / or data processing.
• Excellent MS Excel skills and knowledge of other computer applications.
• Excellent communication skills, both written and verbal
• Attention to details and problem solving skills.

Nice-to-have

• Operational tax knowledge of Transaction Taxes, Withholding Tax or Capital Gains Tax
• Knowledge of ACBS

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

Communication, Critical Thinking, Detail-Oriented, Financial Planning and Analysis (FP&A), Group Problem Solving, Knowledge Organization, Long Term Planning, Tax Management, Tax Operations, Tax Regulations

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:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-06-12

Application Deadline:

2025-06-26

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.