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Buy-In Analyst - Jobs in Halifax, NS

Royal Bank of Canada
Job LocationHalifax, NS
EducationNot Mentioned
SalaryNot Disclosed
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypeFull Time

Job Description

Come Work with Us!At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.Job TitleBuy-In AnalystJob DescriptionJob Purpose

  • The main purpose of this role is to focus on performing daily operations as per procedures
  • Perform data entry, processing, reconciliation, and data maintenance as per procedures
  • Work is performed with predefined parameters and includes specialized training on desk responsibilities
  • For any exceptions, work with team lead and department manager to escalate as per procedures and to ensure overall compliance with accepted practices and policies
  • Elements of risk are managed through operational reviews, system checks, and adherence to procedures
Primary Responsibilities
  • Knowledge of ADP-Broadridge, Cage III, Stock Record
  • Strong knowledge of DTC SMARTRACKS Buy-In procedures (CNS & NON-CNS BUY-Ins)
  • Ability to meet strict NSCC/DTC deadlines
  • Familiar with Stock Loan & Stock Borrow procedures
  • Understanding of Balancing Reconciliations/ Position and Cash to make sure all accounts are properly balanced with the correct journal entries
  • Provide customer service to all of RBC Clients, when contacting short accounts for Buy-In Notices
  • Process standardized or routine transactions within specific area or department, such as Frozen Letters and PairOffs
  • Respond to questions from other departments both in and outside of Operations, retail personnel, correspondent firms, and management staff
  • Route escalated questions to the appropriate resources following established departmental policies
  • Understand department procedures and required accountabilities in the area or department in which the incumbent works
  • Reduce risk by suggesting process changes and modifications as appropriate
  • Able to handle multiple priorities in a fast paced, pressured environment
  • Good communication skills with ability to work effectively with a variety of personalities
  • Complete special projects and assignments in a thorough, accurate and timely manner
  • Basic knowledge of the brokerage business
Education, certification and designation requirements
  • Required: Post-secondary education or equivalent
Additional capabilities and skills
  • Knowledge of ADP, DTC, CDS as these backoffice systems are used extensively
  • Knowledge of DTC, CNS, Reconciliation, Buyin rules and other regulations mandated by FINRA/IIROC
  • Knowledge in MS Excel
  • Experience speaking with Front Office/Middle office personnel
** Working on Canadian statutory holidays is required. Time off on US Statutory Holidays.**Job SummaryProvides analysis for implementation and improvement of processes, workflow, project management methods, computer systems and other tools to support insurance policy administration and customer service. Applies complete knowledge, skills, and practices to perform assignments.Address:HALIFAX, Nova Scotia, CanadaCity:CAN-NS-BEDFORDCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:Capital MarketsJob Type:RegularPay Type:SalariedPosted Date:2022-08-29-07:00Application Deadline:2022-09-12-07:00Inclusion and Equal Opportunity EmploymentAt 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.Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.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 rbc.com/careers.Quick Apply
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