Job Description What is the opportunity? In this exciting opportunity, you will be responsible for all activities with respect to QI & FATCA withholding, remittance and reporting of US source income to the IRS. What will you do? Ensure the accuracy, timeliness and completeness of US tax withholding, remittance and reporting of US source income Develop comprehensive procedures to ensure that all reporting and reconciliations comply with the IRS QI and FATCA obligations and internal audit, this includes ensuring desk operating procedures are fully documented and are current Work with various business units, client service and certain clients, to ensure completeness of data required for accurate tax reporting Responsible for identifying any tax reporting discrepancies Stay on top of any IRS regulatory changes Participate in the development and testing phases of regulatory projects involving RTAX and various custody systems, which contain system enhancements meant to improve the overall efficiency of tax reporting, and to meet the IRS regulatory reporting requirements Support QI reporting responsibilities for other custody platforms, as required Liaise with the Tax Advisory Group to ensure regulatory requirements are met within the departments operating deliverables. Able to prepare US tax Forms’ 945, 1042, 1099 and 1042-S, and be responsible for US REITs and RICs reclassification adjustments What do you need to succeed? Must-have University degree and/or work experience in the related field Knowledge of QI & FATCA withholding and reporting guidelines Strong technical competency in handling large data volume Solid Risk Management and mitigation focus mindset Excellent interpersonal skills and ability to multi task and work with various competing priorities and timelines Nice-to-have Completion of the Canadian Securities Course (CSC) Knowledge of RBC I&TS’ systems 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 & Treasury 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 RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager. RBC requires as a condition of employment that all successful candidates in the United States and Canada be fully vaccinated against COVID-19 prior to their start date, and may require proof of the same. Reasonable accommodation is available where required by law. Job Skills Active Learning, Adaptability, Consolidated Reporting, Critical Thinking Problem Solving (Inactive), Customer Service, Decision Making, Effectiveness Measurement, Foreign Account Tax Compliance Act (FATCA), Management Reporting, Operational Delivery, Process Improvements, Reconciliations (Inactive), Regulatory Reporting, Reporting Requirements, Tax Filings 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: 2025-10-09 Application Deadline: 2025-10-23 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. Join our Talent Community Stay 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. 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. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to more than 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact.
