Job Description

What is the opportunity?

The incumbent plays a key role as they will be responsible for accurately and consistently processing of corporate action on tax basis for all funds/clients. They will be the point of contact for Fund Auditors for all corporate action backups and queries and be responsible for tax sub-ledger gain/loss and cost and corporate action GLs.

What will you do?

Review corporate actions to determine tax treatment for all corporate actions for fund accounting clientsReview CRA website and update approved foreign spin off on tax deferred basis on tax sub-ledger and GLsProcess and review corporate actions on tax basis to reflect the tax cost and offsetting entries in GLs as needed for all funds in fund accountingWork closely with Pricing team regarding corporate actions processed, review the corporate action log to make sure it is accurateReview corporate action related GLs to make sure the amounts are accurateProvide fund auditors all information to relating to corporate actions including backupsWork with TAG, Corporate Action to make sure treatment is consistent with custody and other RBC PlatformsUpdate tax sub-ledger cost adjustments for corporate action and other fund events like fund mergersReasonability checks on tax sub-ledgers compare to accounting and tax and accounting costResponsible for updating tax costs on fund conversion to tax sub-ledgers

What do you need to succeed?

Must-have

2 + year of experience preferably in fund accountingUniversity Degree on Business, Finance or CommerceCanadian Securities course or industry related course

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.

Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriateWorking with an exciting, close-knit, supportive & dynamic groupOpportunity to collaborate with other business segments within the bankExcellent career development and progression opportunitiesA comprehensive Total Rewards Program including bonuses and flexible benefitsCompetitive compensation

Job Skills

Additional Job Details

Address:

RBC CENTRE, 155 WELLINGTON ST W:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-08-06

Application Deadline:

2025-08-20

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.