Job SummaryJob DescriptionWhat is the opportunity? The Pension Investments team at RBC is responsible for managing and overseeing a diversified portfolio of over $15 billion in pension assets. We are seeking a highly motivated and detail-oriented person to support our team in the administration, cash management, and operational oversight of our pension investment portfolio.
This role is essential to the day-to-day functioning of the pension plan and will involve working closely with internal stakeholders, external managers, custodians, and service providers to ensure operational accuracy, timely execution of payments, and robust cash flow management. What you will do? Cash Management \& Liquidity OversightMonitor daily cash balances and ensure adequate liquidity across investment accountsManage cash transfers, rebalancing instructions, and short-term funding requirementsRun liquidity scenario analyses to assess readiness under various market conditionsProvide insights and recommendations on liquidity optimization strategiesAdministrative \& Operational SupportCoordinate and process benefit payments to pensioners and invoices from investment managers and third-party service providersEnsure accuracy and timeliness of payment instructions, reconciliations, and cash flowsLiaise with the Plan's custodian and administrators on operational issues and documentationPerformance Measurement \& ReportingAssist in monitoring and validating investment performance across asset classesSupport the production of regular and ad-hoc performance and operational reports for internal stakeholders and senior leadershipMaintain up-to-date records of transactions, asset allocation, and fund flowsCompliance, KYC \& AMLCoordinate
Know Your Client (KYC) and Anti-Money Laundering (AML) documentation for new and existing investmentsEnsure compliance with internal policies and external regulatory requirementsMaintain accurate records and support audit and risk management processesWhat you need to succeed? Must HaveBachelor's degree in Finance, Business Administration, Accounting, or a related field4 years' of experience in investment operations, treasury, cash management, or fund administration (pension, asset management or investment fund experience preferred)Strong understanding of investment products (fixed income, equities, alternatives), fund structures, and capital marketsExcellent interpersonal skills and ability to communicate effectively with colleagues at different levels of the organization and a variety of external contacts.
Strong attention to detail and accuracy with the ability to identify and solve data and calculation errors. Willingness and flexibility to examine and improve the current processes. Ability to work independently, identify and solve problems through conducting analysis supported by facts.
Strong intellectual curiosity about the financial markets and investmentsNice to HaveCFA, CAIA, CPA or other relevant designation Experience working with custodians, external fund managers, or financial vendors is an assetJob SkillsAnnuities, Cash Management, Critical Thinking, Group Problem Solving, Investments, Market Liquidity, Mathematical Finance, Payment Handling, Pensions, Risk AnalysisAdditional Job DetailsAddress:RBC CENTRE, 155 WELLINGTON ST W:TORONTOCity:TORONTOCountry:CanadaWork hours/week:37.5Employment Type:Full timePlatform:OFFICE OF THE CFOJob Type:RegularPay Type:SalariedPosted Date:2025-04-15Application Deadline:2025-05-01Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date aboveInclusion and Equal Opportunity EmploymentAt 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. Join our Talent CommunityStay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
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