Analyst, Operations II - Reporting Operations

Job Summary

Job Description

What is the opportunity?

This position supports tax regulatory reporting for RBC Capital Markets. The role will provide strategic direction and leadership on tax reporting projects. Consults and interfaces with various operational and technology departments, and leads high detail analysis of tax program workflow, business workflow and documents related procedures. Partners with the various operations and other business lines to solve problems and improve processes, and documents technical improvements and innovation. Works with Director, Senior Manager, and Senior Initiatives Manager within the group to understand, fulfill, and implement business requirements for tax document redesign and improvement, including, but not limited to, regulatory and firm-initiated requirements.

What will you do?

• Actively participants in planning of aspects of client facing tax documents and system changes with business line, operational, and technical personnel.
• Manage and complete the production of tax reporting forms; 1099s, 1042s, REMIC, 2439, 8966, 5498 by the deadline outlined each year per the IRS rules. This includes validating files, prepping files for the Cost Basis team to validate, uploading files into the tax system, reviewing, and working exception reports and files.
• Run and analyze reports to uncover trends and systemic issues to reduce future data issues and ensure adherence to all regulatory and firm policy requirements.
• Function as a tax reporting subject matter expert for individuals requiring research, problem resolution, or guidance.
• Reduce risk and increase efficiencies by suggesting process changes and system modifications.
• Participate in testing and implementation of new systems and processes as required.
• Train and function as a resource for less experienced Operation’s team members.
• Write procedures as needed and complete annual reviews.
  
  

What do you need to succeed?

Must-have

• 4-year degree from an accredited university or equivalent OR High school diploma or equivalent AND 5 years of securities, banking, technology, and/or job specific industry experience
• 3 year prior securities, banking, technology industry and/or job specific related industry
• Ability to manage multiple priorities in a fast paced and deadline driven environment with the ability to provide direction to other team members.
• Ability to work independently and within a team environment.
• Strong attention to detail and privacy/confidentiality
• Strong interpersonal, verbal, and written communication skills, with an ability to work effectively with all levels of staff and management.
• Strong problem identification, analytical and resolution skills
• Proficient computer skills in Windows-based software products including Word, Excel, Access, and Outlook
• Operations professional designation (i.e., Series 99, Series 7, or Series 6, or other acceptable equivalent) must be held or obtained within prescribed time from hire date.
  
  

Nice-to-have

• 4-year degree from an accredited university in business, finance, or related field
• 2 years credit operations, project management, analysis, and/or risk control experience
• Experience with brokerage systems
• Sound organizational knowledge with operational mindset; including products, processes, systems and regulatory and/or client needs.
  
  

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
  
  

The good-faith expected salary range for the above position is $65,000 - $115,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

• Drives RBC’s high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value
  
  

Job Skills

Active Learning, Adaptability, Business Appraisals, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, Operational Delivery, Process Improvements

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-04-07

Application Deadline:

2025-04-20

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.

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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