2024 Wealth Management, Summer Fund Analyst - Toronto, Canada - Royal Bank of Canada
Description
Job Summary
Participates in and supports the operational activities of a business unit.
Applies experience and complete working knowledge of the job and policies/practices to perform a combination of routine tasks and varied administrative/operational assignments.
What is the opportunity?
Please note:
This posting is for a 4 month student placement with a start date of May 2024, and end date in August 2024.
In order to be eligible for this 4-month student position, you must either: be returning back to school after the work term end-date of August 2024 ; or if you are not returning back to school (i.e. are graduating in August 2024), you must require the full 4-month work term as a mandatory component to in order to graduate successfully.What will you do?
- Enter, review and analyze transactions (i.e. unitholder subscriptions and redemptions, management fees, expense accruals, security trades) to ensure accurate and timely entry into the Accounting/Investment book of Record.
- Monitor and reconcile each portfolio daily to ensure that cash, security, and unit positions correctly reflect the client's holdings
- Ensure corporate actions are entered into SS&C Pacer & EAGLE system and reflect all relevant securities and tax regulations
- Report daily fund prices and income factors to unitholder systems and external sources for publication
- Maintain security pricing file within established departmental guidelines
What you need to succeed?
Must have:
- Basic accounting skills
- Reconciliation experience
- Studying Finance or related field
- Ability to work in a team environment, strong communication, time management, problem solving, and attention to detail
Nice to have:
- experience in investment and securities industries
- IFIC &/or CSC
- SQL, Microsoft Access or any relational database management
- Knowledge of the SS&C Pacer or EAGLE portfolio management system
- Trade entry experience corporate actions, derivative transactions, etc.
- Security pricing experience with: Equity
- Domestic, international, fair value pricing; Fixed Income (Plain vanilla, Convertibles, MBS, Strips, Real Return bonds, etc.); Derivatives futures, options, forwards, swaps, credit default swaps, etc.; Others private placements, warrants, rights, restricted securities, etc.
Job Skills
Communication, Computer Literacy, Detail-Oriented, Interpersonal Relationships, Listening Effectively, Personal Development, Taking Initiative
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:
Student/Coop (Fixed Term)
Pay Type:
Salaried
Posted Date:
Application Deadline:
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