Job Summary

Job Description

What is the opportunity?

As an Operations Associate III within the Alternative Investments department, you will be a key member of the dynamic team reconciling and balancing positions of Alternative Investments for our field groups. You will be processing manual, exception-based and highly specialized reconciliation, providing valuations on positions and updating client accounts. This role requires a strong attention to detail and problem solving skills.

This position also includes a high level of communication standard, interfacing with third party product companies to facilitate transactions for our clients and research reconciliation breaks or errors. Alternative Investments is a dynamic, evolving, and growing part of the industry that offers a unique opportunity to be part of a progressive and dynamic work environment.

If you have exceptional problem solving skills, enjoy fast paced challenging work, and are looking for the next step in your career, we want to hear from you!

What will you do?

Receive and process front-end transaction requests from our firms and Financial Advisors on Client Directed Alternative Investment ProductsAct as a primary point of contact for the field for questions, status update requests, and escalationsReview and identification of incoming communications from third parties with ability to discern appropriate actions and follow-up communicationReduce risk or increase efficiencies by suggesting process changes and system modifications to streamline or simplify processesWork with team and manager on initiatives and opportunities to provide excellent customer service

What do you need to succeed?

Must-have

Effective problem identification, analytical, and resolution skills along with computer skills in Microsoft-based software productsAbility to communicate effectively both verbally and in writing, excellent customer service skills, organizational skills, and superb attention to detailAbility to think and reason critically, high attention to detail, autonomous in handling the given assignment and has high level of accountability

Nice-to-have

4 year degree from an accredited university3 to 5 years of experience in a finance firm or wealth management environmentCollaborative and Teamwork

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 on 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 applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamFlexible work/life balance optionsOpportunities to do challenging workOpportunities 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 $40,000 - $65,000 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 cultureEnables collective achievement of our strategic goalsGenerates sustainable shareholder returns and above market shareholder value

Job Skills

Communication, Computer Literacy, Critical Thinking, Customer Service, Detail-Oriented, Group Problem Solving

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:

2025-06-10

Application Deadline:

2025-06-24

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.