Manager, Operations II

RBC Capital Markets, LLC; Minneapolis (MN); On-site; USD 70,000 - 130,000; Full time

Benefits offered by this job

Bonuses

Stock options

401(k)

Health insurance

Paid time off

Job summary

RBC Capital Markets, LLC is seeking a manager to lead the Investment Advisory Operations Account Administration and Billing team in Minneapolis. You will guide change, manage risk, hire and develop staff, and ensure regulatory compliance while driving process improvements.

You will oversee complex workflows, provide coaching, and respond to escalations, with a focus on accuracy, documentation, and operational excellence in a 40-hour week.

Qualifications

• 4-year degree from an accredited university or equivalent AND 5+ years of securities, banking, technology and/or job specific industry experience.
• 3+ years prior securities, banking, technology and/or job specific related industry experience
• Securities license 7 or 99 (or able to obtain license within 120 days)
• 2+ years demonstrated managerial experience leading and managing a team
• Previous billing and/or advisory experience expertise
• Strong accountability mindset which takes responsibility for all work activities and personal actions.
• Ability to coach employees through challenges and develop opportunities

Responsibilities

• Hire, onboard, and train new team members
• Supervise and direct time sensitive, complex and/or highly specialized daily workflows
• Provide training, coaching, recognition, and development for the team
• Address escalated questions independently; seek assistance as appropriate
• Conduct operations process oversight to ensure risks are mitigated and regulatory requirements are met
• Support department volume metrics, staffing models, and budgets
• Reduce risk and increase efficiencies through process/system changes
• Adapt to and support changes impacting daily work
• Investigate escalated issues to identify root causes and implement solutions
• Develop and maintain department procedures and Written Supervisory Procedures

Skills

Accountability

Coaching

Customer Service

Decision Making

Interpersonal Relationship Management

Investment Performance Measurement

Microsoft Excel

Operational Delivery

Operational Excellence

Planning

Problem Solving

Risk Management

Teamwork

Time Management

Training and Development

Treasury Management

Education

Bachelor's degree

Tools

MS Office

Microsoft Excel

Job description

Job Description

What is the opportunity?

The Manager will provide strategic leadership for the Investment Advisory Operations Account Administration and Billing team, managing complex, exception-based processes as a subject matter expert. Your primary focus will be managing change and risk- while guiding your team through organizational transitions, driving proactive risk identification and mitigation, and ensuring adherence to regulatory requirements and operational standards. You will hire and develop team members, handle escalated issues, oversee process compliance, and work independently to resolve complex customer inquiries. You will drive operational excellence by ensuring accurate account analysis and documentation while maintaining department procedures and supporting process improvements. You must understand regulatory risks, workflow interdependencies, and manage position risks through operational reviews and system checks.

What will you do?

• Hire, onboard, and train new team members
• Supervise and direct time sensitive, complex and/or highly specialized daily workflows to ensure department service levels are met
• Provide training, coaching, recognition, and development for the team members, fostering teamwork and planning for succession
• Address escalated questions independently; seeking assistance from Senior Manager or other Operations resources as appropriate
• Conduct operations process oversight on complex exception-based and/or highly specialized processes to ensure adherence to department procedures, risks are mitigated, and regulatory requirements are met
• Provide support with department volume metrics, staffing models, financial forecasts, audit requests, and budgets as required
• Reduce risk, increase efficiencies, and enrich customer service by suggesting process changes and/or system modifications
• Adapt to and support the implementation of process and system changes that impact the team's daily work
• Investigate escalated issues by conducting analysis of complex exception-based processes to identify root causes and implement corrective solutions
• Develop and maintain department procedures and Written Supervisory Procedures (WSP's) as well as perform oversight

What do you need to succeed?

Must-have

• 4-year degree from an accredited university or equivalent or High school diploma or equivalent AND 5+ years of securities, banking, technology and/or job specific industry experience
• 3+ years prior securities, banking, technology and/or job specific related industry experience
• Securities license 7 or 99 (or able to obtain license within 120 days)
• 2+ years demonstrated and sound managerial experience leading and managing a team
• Previous billing and/or advisory experience expertise
• Strong accountability mindset which takes responsibility for all work activities and personal actions.
• Ability to recognize employee's successes and development opportunities and coach employees through challenges
• Strong analytical and problem-solving skills to investigate and resolve complex, escalated issues
• Ability to analyze complex problems, identify root causes, and develop solutions for escalated issues

Nice-to-have

• Fully proficient with MS Office (Word, Excel, PowerPoint, and Outlook)
• Exceptional interpersonal, verbal, and written communication skills, with an ability to work effectively with all levels of staff and management.
• Previous experience with advisory business and billing

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
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

The good-faith expected salary range for the above position is $70,000 - $130,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC's high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

Job Skills

Accountability, Coaching, Customer Service, Customer Service Management, Decision Making, Interpersonal Relationship Management, Investment Performance Measurement, Microsoft Excel, Operational Delivery, Operational Excellence, Operations Processes, Planning, Problem Solving, Process Changes, Process Improvements, Risk Management, Teamwork, Time Management, Training and Development, Treasury Management

Additional Job Details

Address: 250 NICOLLET MALL:MINNEAPOLIS

City: Minneapolis

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: WEALTH MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date: 2026-08-31

Application Deadline: 2026-09-14

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.