2025 Capital Markets, Business & Client Services - Summer Analyst, Asset Servicing (4 months)

RBC

Halifax, NS

Number of positions available : 1
Salary To be discussed
Published on December 13th, 2024
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Starting date : 1 position to fill as soon as possible

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Description

Job Summary

Job Description

What is the opportunity?

To ensure accurate and timely Corporate Actions processing for all North American and EMEA based trading accounts.

What will you do?

Support US, Canadian and EMEA Trading desks through Corporate Actions processing. Product Include: Equities (ETFs, ADRs Domestic and Canadian), Fixed Income and Equity/Index Options
Be responsible for all mandatory corporate actions processing and reconciliation within Sophis. Events consist of: mergers, tenders, conversions, cash dividends, stock splits, dividend reinvestments (DRIPS), spinoffs, and optional dividends, Coupon and Interest payments, principal pay-downs, calls/defaults/maturities, exchanges, consent offers, tenders
Be responsible for all voluntary corporate action processing and reconciliation within Sophis. Review voluntary offer notification and reconcile all receivables, payables, and position balances against the reorganizational department.
Process and reconcile all Equity and Index Options, exercises, assignments and expirations within Sophis
Review and process all option notices from the OCC and CDS related to adjustments due to Corporate Actions
Responsible for resolving claims with external counterparties.
Responsible for reconciling and resolving position/cash breaks between ICI-Impact and depository (BoNY and DTC)
Support for other Asset Servicing functions as necessary

What you need to succeed?

Must Have

Bachelors Degree with a focus in Business, Economics, Finance, Mathematics or related field
Product knowledge of Equities (ETFs, ADRs Domestic and Canadian), Fixed Income and Equity/Index Options
Team player with strong problem solving and communication skills.
Attention to detail with ability to work within tight business deadlines.
Proficient in basic MS Excel functionality
Strong analytical and problem-solving skills, with a logical mind-set and technical aptitude
Ability to collect, analyze, interpret, and query data Inherent sense of ownership and initiative.
Excellent communication skills clear and concise oral, written and presentation abilities.
Ability to comprehend and document complex business requirements.

Job Skills

Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Personal Initiative

Additional Job Details

Address:

120 WESTERN PKY:BEDFORD

City:

BEDFORD

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Student/Coop (Fixed Term)

Pay Type:

Salaried

Posted Date:

2024-12-12

Application Deadline:

2025-01-12

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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