Senior Pension Deliver Advisor Can

What is the opportunity?

As the Senior Pension Advisor, you will be responsible for ensuring effective efficient and accurate administration of the RBC Pension Plans. You will perform/review pension data and calculations in accordance with plan text, policies, and regulatory requirements.

What will you do? ​

• Interpret internal and regulatory policies and their impact on pension administration practices.
• Develop, implement, and maintain revisions/enhancements to pension administration systems.
• Play a lead role in identifying Best Practices in Pension and Savings Administration
• Establish and maintain strong alliances with internal and external partners and assist them in developing appropriate solutions.
• Assist with, governance, administration, and communication of RBC's various pension plans.
• Assist with, governance, administration, and communication of RBC's Savings Program, RESSOP & DSSP
• Key player directly involved in projects and responsible for developing, implementing, and conducting UAT as it pertains to plan and legislation changes.
• Develops policies and guidelines for service standards in compliance with regulatory requirements.
• Act as an escalation point for non-standard employee/management inquiries/issues/complaints pertaining to escalation/rulings/interpretation of pension policies, plan documents, quality procedures, regulations, and legal requirements. Ensures quick, equitable, and courteous resolution.
• Provides information on pre-retirement and other employee counseling as required.
• Calculates pension entitlement for retiring RBC defined benefit plan members.
• Calculates marital breakdown valuation and splitting of pension credits.
• Act as a resource to advise Plan members and department staff on clarification, application of by-laws, legislation, and actuarial concepts in determining appropriate action to be taken in more complex cases.
• Undertake project work in conjunction with actuarial consultants relating to the sale/purchase of RBC businesses requiring the accurate calculation of accrued pension benefits, and pension benefit credits.
• Participates in implementation, testing and maintenance of changes/enhancements to the pension administration system.
• Support annual valuation requirements in providing information and responses to data queries.

What do you need to succeed?

Must Have

• Good understanding of Pension Standards Act, ITA and provincial pension legislation.
• Knowledge of RBC Pension Program an asset.
• Well organized with the ability to prioritize work effectively.
• Good oral and written communication skills/computer skills
• Strong decision-making ability and ability to take the task to completion with minimal instruction.
• Strong PC skills (Microsoft Excel, Word)

Nice to Have

• French language skills
• SAP knowledge
• Benplus Knowledge
• Business Knowledge Functional Expertise

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.

• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Opportunities to building close relationships with clients.
• Access to a variety of job opportunities across business and geographies

Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above