Senior Manager – Pension Operations
| Company | Royal Bank of Canada |
|---|---|
| Location | Toronto, ON, Canada |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Bachelor’s degree in Finance, Business Administration, Accounting, or a related field
- 4+ years’ of experience in investment operations, treasury, cash management, or fund administration (pension, asset management or investment fund experience preferred)
- Strong understanding of investment products (fixed income, equities, alternatives), fund structures, and capital markets
- Excellent interpersonal skills and ability to communicate effectively with colleagues at different levels of the organization and a variety of external contacts
- Strong attention to detail and accuracy with the ability to identify and solve data and calculation errors
- Willingness and flexibility to examine and improve the current processes
- Ability to work independently, identify and solve problems through conducting analysis supported by facts
- Strong intellectual curiosity about the financial markets and investments
Responsibilities
- Monitor daily cash balances and ensure adequate liquidity across investment accounts
- Manage cash transfers, rebalancing instructions, and short-term funding requirements
- Run liquidity scenario analyses to assess readiness under various market conditions
- Provide insights and recommendations on liquidity optimization strategies
- Coordinate and process benefit payments to pensioners and invoices from investment managers and third-party service providers
- Ensure accuracy and timeliness of payment instructions, reconciliations, and cash flows
- Liaise with the Plan’s custodian and administrators on operational issues and documentation
- Assist in monitoring and validating investment performance across asset classes
- Support the production of regular and ad-hoc performance and operational reports for internal stakeholders and senior leadership
- Maintain up-to-date records of transactions, asset allocation, and fund flows
- Coordinate Know Your Client (KYC) and Anti-Money Laundering (AML) documentation for new and existing investments
- Ensure compliance with internal policies and external regulatory requirements
- Maintain accurate records and support audit and risk management processes
Preferred Qualifications
- CFA, CAIA, CPA or other relevant designation
- Experience working with custodians, external fund managers, or financial vendors is an asset