Skip to content
Associate – Operations III
| Company | Royal Bank of Canada |
|---|
| Location | Minneapolis, MN, USA |
|---|
| Salary | $40000 – $65000 |
|---|
| Type | Full-Time |
|---|
| Degrees | |
|---|
| Experience Level | Junior, Mid Level |
|---|
Requirements
- Strong working knowledge of PC (windows) environment.
- Knowledge of securities industry.
- Knowledge of firm, federal and exchange regulations.
- Knowledge of security payments.
Responsibilities
- Completes all conversion exhibits obtaining required signatures. Submit instructions to the agent and coordinate allocation for all conversions.
- Monitor various depositories, clearing firms, bank reconciliation, and internal clearing accounts on a daily basis and reconcile differences to ensure accurate and timely processing of conversions.
- Reviews and tracks daily conversion volume, identifying potential changes to accounts including fails, pledges or pending trades in order ensure that conversions are completed in a timely fashion.
- Investigates and rectifies in a timely manner all problems, issues or errors, ensuring the various clearing accounts balance efficiently.
- Answers questions from operations, NY Capital Markets and the field on procedures and other information concerning the status and details of conversions.
- Assists the department’s specialists as necessary with other voluntary and/or mandatory corporate action processing and notification on NY Capital Market internal accounts.
- Acts professionally and maintains the company’s respectful workplace policy in all dealings with other departments and external customers.
- Performs other job related duties as assigned.
Preferred Qualifications
- College degree or 4 years equivalent Corporate Actions brokerage work experience or a combination of education and related work experience.
