Settlements Administrator

Job Description

What is the opportunity?

In this role, you will oversee the settlement of security trades across North American markets. Your responsibilities will include ensuring timely trade matching and settlement, conducting investigations related to client inquiries and reconciliation discrepancies, and maintaining compliance with industry standards for custody, clearing, and settlement practices. Experience with RBC Investor Services (IS) operations and knowledge of settlement principles would be advantageous. We seek a strong communicator capable of delivering results in a fast-paced, deadline-driven environment with evolving priorities.

What will you do?

QUALITY SERVICE

• Ensure all settlement activity and processes are completed with accuracy, timeliness and completeness within market time frames.

• Provide a high level of service by responding promptly and accurately to daily queries and requests regarding Security Trade Settlement. Respond to specific requests received via email or telephone.

• Participate in approved Projects & Initiatives.

• Demonstrated capacity to maintain performance quality and meet deliverables during periods of high transaction volume and compressed timelines

• Prioritize/Manage tasks to ensure SLA’s are met and our Clients experience Exceptional Service

ADMINISTRATION / MANAGEMENT OF SETTLEMENT ACTIVITY

• Execute trade settlement processes in accordance with established procedures/deadlines, maintaining accuracy and operational efficiency.

• Maintain current and comprehensive desk operating and protocols.

• Conduct accurate and complete reconciliation activities, including end-of-day settlement verification and ledger balance validation.

What do you need to succeed?

Must have

• University/College degree in Business, Finance or equivalent

• Minimum work experience in a financial institution, investment firm, or related financial services environment.

• Advanced proficiency in Microsoft Excel and demonstrated technical competency with relevant financial systems and tools.

• Strong analytical capabilities with proven problem-solving expertise and attention to detail.

• Demonstrated ability to collaborate effectively within team-based environments and build productive working relationships.

• Excellent written and verbal communication skills with the ability to convey complex information clearly and concisely to diverse audiences.

Nice-to-have:

• Experience with Market Trade Settlements, Custody Operations or Financial Back Office Operations

• Proficiency in Microsoft Excel Macros and/or Programming Language (such as Python, Java, JavaScript, or C++)

• Recognized Financial Industry Accreditation (i.e. CSC, CPA, CGA… etc.)

• Familiarity with Investor Services Systems & Platforms: Canadian Depository for Securities (CDS), Depository Trust Company (DTCC), Transaction Lifecycle Management (TLM), Arrow, Trust, Milvus.

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.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact.

• Work in a dynamic, collaborative, progressive, and high-performing team.

• Flexible work/life balance options.

• Opportunities to do challenging work.

• Opportunities to take on progressively greater accountabilities.

• Access to a variety of job opportunities across business.

Job Skills

Active Learning, Communication, Critical Thinking, Customer Service, Operational Delivery, Process Improvements, Time Management

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:

Regular

Pay Type:

Salaried

Posted Date:

2026-06-19

Application Deadline:

2026-07-03

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

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$46,000.00 - $70,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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.

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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.