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Operations Specialist I - Retirement Plan Operations

Royal Bank of Canada>
Minneapolis, MN Full Time
POSTED ON 1/14/2025
AVAILABLE BEFORE 4/14/2025

Job Summary

Job Description

What is the opportunity?

As an Operations Specialist 1 in the Retirement Plan Operations team, perform daily oversight activities that validate department and systems processes in the Retirement Plan Operations Department.  They will provide analysis, processing, and customer services support for manual, exception-based complex and / or highly specialized Operations processes.  This individual will review, verify, and record data into technology systems supporting department processes while ensuring adherence to all regulatory and firm policy requirements.  In addition, this individual will research, resolve, or secure requested information for other Operations areas, RCB Business Units, external customers or industry participants.

If you have exceptional problem solving skills, enjoy fast paced challenging work, and are looking for the next step in your career, we want to hear from you!

What will you do?

  • Execute daily department oversight activities to validate system processes are executing as designed.  Run and analyze reports as required to resolve exceptions ensuring adherence to all regulatory and firm policy requirements. Provide detailed daily oversight and act as a backup for controls / WSP’s.
  • Assist in department oversight to ensure adherence to department procedures, risks are mitigated, and regulatory requirements are met
  • Support escalated issues, time sensitive, complex, exception-based and / or highly specialized processes
  • Liaise and provide customer service support for individuals requiring research, problem resolution, or securing information from other Operations departments, RBC Business Units, external customers or industry participants.  Address escalated questions independently, seeking assistance from Manager as appropriate following established department procedures
  • Provide backup when support is needed for high volumes for phone or salesforce cases as well as during absences for other specialists or associates
  • Be a resource for projects, participate in testing and implementation of new systems and processes impacting Retirement Plan Operations
  • Ensure manuals are accurate and updated as policies and procedures change
  • Perform other duties and responsibilities as assigned

What do you need to succeed?

Must-have

  • 4-year degree from an accredited university (or equivalent) OR High School diploma (or equivalent) AND 3 years for job-related experience
  • 2 years prior securities, banking and / or job specific related experience
  • Demonstrated problem identification, analytical and resolution skills required to support escalated issue resolution and / or oversight requirements associated with exception based complex processes
  • Ability to handle multiple priorities in a fast paced and deadline driven environment with high attention to detail and ability to maintain confidentiality.  Exceptional interpersonal, verbal and written communication skills, with an ability to work effectively with all levels of staff and management
  • Proficient computer skills in Windows-based software products including Word, Excel, and Outlook
  • Nice-to-have

  • 4-year degree from an accredited university in business, finance, or related field
  • 3 years business, finance, customer service and / or accounting / bookkeeping experience
  • Previous experience in the securities or banking industry preferred
  • 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 $45, 000 - $75,000 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, Communication, Critical Thinking, Customer Service, Operational Delivery, Process Improvements, Time Management

    Additional Job Details

    Address :

    250 NICOLLET MALL : MINNEAPOLIS

    City : Minneapolis

    Country :

    United States of America

    Work hours / week : Employment Type :

    Full time

    Platform : WEALTH MANAGEMENT

    Job Type : Regular

    Pay Type : Salaried

    Posted Date : 2025-01-13

    Application Deadline :

    2025-01-25

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

    I nclusion and Equal Opportunity Employment

    At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

    We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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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 .

    Salary : $45,000 - $75,000

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