Manager, Fund Accounting

What is the opportunity?

RBC Investor Services (IS) provides services to the Investment Management, Broker/Dealer, and Insurance Services industries. These services include Trusteeship, Recordkeeping, Fund Accounting, and Derivatives Support. The Fund Accounting Operations Group is responsible for the timely and accurate delivery of fund valuations.

What will you do?

• Lead a team of Fund Accountants in delivering timely and accurate daily NAVs for a group of mutual funds
• Deliver timely and accurate year-end and month-end distributions
• Ensure all deadlines and Service Level Agreements (SLA) are met
• Monitor the team quality and performance
• Enhance productivity and effective relationships with other departments
• Minimize NAV discrepancies and ensure timely corrective action
• Implement projects including new fund launches and fund mergers
• Ensure that resources are effectively managed to deal with an increase/decrease in the number of funds
• Support the introduction of new technology and operational processes to effectively reduce cost, increase the quality of service and ensure accuracy
• Run client/fund event planning meetings
• Complete annual & semi-annual performance reviews for staff

What do you need to succeed?

Must-have

• Degree or diploma in an Accounting or Finance related field
• Extensive experience in fund valuations
• 5+ years of managerial experience specifically within a fund accounting environment
• Strong knowledge of the fund industry, products, and financial markets
• Knowledge of regulatory requirements for Investment Funds
• Good technical knowledge of calculating Net Asset Value
• Strong Analytical skills, ability to multitask and meet tight deadlines, and exceptional problem-solving abilities
• Strong leadership & interpersonal skills
• Fund Accounting System knowledge (MPower)

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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor Services and within other platforms as appropriate
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

Job Skills

Additional Job Details

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

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.