What is the opportunity?

• To support the US Municipal new issue business
• The role is intended to ensure operational efficiency, minimize risk and assure compliance with internal and external regulations for Muni syndicate offerings.
• This role involves frequent communication with the trading desks, and provides seamless execution of the operational aspects of the desks.

What will you do?

• Acquiring DTC, eligibility in addition to liaising with transfer agents to effect accurate and timely settlement of Lead managed issues.
• Prepare final settlement letters for underwriters on Lead managed issues.  This includes collecting expenses, creating p&l and final settlement letters.
• Wiring of monies for settlement of syndicate issues, and payment of any related vendor invoices.
• Communication with syndicate members and disbursement of final settlement fees.
• Adherence to Standing Orders for funds disbursement, and remaining versed/aware of internal funding limits
• Collection of fees for non-lead deals.
• Detailed and accurate recording of all deal transactions, statistics and details
• Manage settlements effectively to avoid operational risk, regulatory violations or reputational risk.
• Transmittal of monies and payments with accurate due diligence, thereby mitigating risk.
• Time reporting of funding requirements, securing needed funding and meeting Firm capital guidelines

 What do you need to succeed?

• 1 - 2 years of experience with background check validations
• Excellent problem identification and resolution skills
• Team player with strong communications skills
• Strong organizational skills
• Work with time deadlines requiring ability to prioritize

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

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.