What is the opportunity?

RBC Capital Markets is building a new prime brokerage business, and corporate actions is a critical capability that needs to be developed to support this business. As Director, you will lead the technology that processes all flavors CA events in STP and tight SLA windows constraints, while also providing accurate and timely service for hedge funds and institutional clients. You will partner with business and architecture stakeholders in defining/choosing the platform, shape how it integrates into RBC trading and record-keeping eco-system.  You will guide a team of technologists working closely with operations and other stakeholders. Your decisions will affect client trust, risk and the cost of serving them.

What will you do?

• Lead the multi-year technology strategy and roadmap for corporate actions, starting with the prime brokerage launch
• Direct the choice and rollout of a modern processing platform, weighing the options of build v/s buy and vendor of choice if buy is the right decision
• Partner with stakeholders across Operations, Wealth Management, Risk and Finance to align end to end technology solution that meets the house and client needs
• Manage budget and delivery milestones for your team while holding partners accountable for end-to-end solution
• Lead and coach a team of engineers, architects and delivery managers

What do you need to succeed?

Must-have

• Significant experience delivering corporate actions or asset servicing technology at a bank, broker, custodian or technology provider
• Proven record of leading large, multi-year platform programs from strategy through launch
• Strong knowledge of how dividends, mergers, voluntary elections, tax withholding and proxy voting events work from start to finish
• Experience selecting and managing technology vendors and connecting new platforms to existing books and records systems
• Degree in engineering, computer science or a related field

Nice-to-have

• Experience in prime brokerage, capital markets – equity business
• Familiarity with the industry messaging standards used to communicate with custodians and depositories
• Practical experience using automation or artificial intelligence to reduce manual work
• MBA or other graduate degree

The Expected Salary Range For The Above Position Is $210,000 - $275,000 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

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

Job Skills

Additional Job Details

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.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.