Top Benefits
About the role
Job Description
What is the opportunity?
Analyst will be expected to perform a number of critical Tax Operations functions related to the on-boarding of new and/or existing clients; local management of the collection, remittance and reporting of transactional and asset based taxes imposed by multiple jurisdictions. The team is aligned with other functional units within RBC CM that currently support RBC CM’s businesses. This individual will report to the Tax Operations Supervisor of the respective functional department.
What will you do?
- Ensure local compliance of tax obligations (compliance, advisory, planning) regarding the identification, tax treatment, withholding and reporting of transactional and operational taxes, particular to the Foreign Account Tax Compliance Act (FATCA), OECD Common Reporting Standards (CRS), Chapter 3/61, related Section Codes 305c, 302 etc, Hire Act (871m), Qualified Intermediary (QI), etc.
- Undertake day to day activities of the Toronto Tax Operations Team for RBC CM business Units, which includes, but not limited to, Controls infrastructure; integration of Tax processes across various systems, departments and infrastructure.
- Work actively with RBC Tax group to ensure that clients and entities are classified / certified correctly and that relevant documentation is completed to achieve appropriate taxation reportability classifications and with holdability rates.
- Establish and maintain controls surrounding the due diligence, withholding and reporting of Taxes, ensuring these are effectively managed and any risks are escalated in accordance with RBC Risk and Compliance policies.
- Establish a best practice approach in ensuring that clients, counterparties and internal business partners receive appropriate attention and that all queries are responded to and resolved in a timely fashion.
- Ensure team, and related processes are kept up to date with changing tax regimes as they apply to RBC CM businesses and clients.
- Assisting in the completion of audit preparedness planning and execution
- Develop reporting and ensure provision of weekly, monthly and annual KPIs and KRIs.
- Support all system testing and drive changes to improve process efficiency.
- Ensure procedures are regularly maintained and updated for all processes.
- Work to ensure that all projects raised internally or by the Operations Engineering Team are supported by the team and delivered to the best abilities of the team.
- The RBC attestation policy should be adhered to by account preparers and all accounts accurately assigned with an appropriate attestation status within the month end timetable.
What you need to succeed?
- University degree or College Diploma or any equivalent combination of qualifications and/or experience.
- 3+ years in a Capital Markets and/or reconciliation based role
- Strong organizational and time management skills.
- Problem Solving /Analytical Thinking.
- Diplomacy and tact to deal with staff and all levels of
- internal and external clients.
- Ensure working environment provides motivation and
- development opportunities.
- Promote ongoing cross-training for all positions to ensure availability of primary/secondary back up.
- Developing a culture of continuous self-development.
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
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options
Job Skills
Adaptability, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, 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:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-08-22
Application Deadline:
2025-11-19
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
About RBC
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 94,000+ employees who leverage their imaginations and insights to 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 our more than 17 million clients in Canada, the U.S. and 27 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 www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Top Benefits
About the role
Job Description
What is the opportunity?
Analyst will be expected to perform a number of critical Tax Operations functions related to the on-boarding of new and/or existing clients; local management of the collection, remittance and reporting of transactional and asset based taxes imposed by multiple jurisdictions. The team is aligned with other functional units within RBC CM that currently support RBC CM’s businesses. This individual will report to the Tax Operations Supervisor of the respective functional department.
What will you do?
- Ensure local compliance of tax obligations (compliance, advisory, planning) regarding the identification, tax treatment, withholding and reporting of transactional and operational taxes, particular to the Foreign Account Tax Compliance Act (FATCA), OECD Common Reporting Standards (CRS), Chapter 3/61, related Section Codes 305c, 302 etc, Hire Act (871m), Qualified Intermediary (QI), etc.
- Undertake day to day activities of the Toronto Tax Operations Team for RBC CM business Units, which includes, but not limited to, Controls infrastructure; integration of Tax processes across various systems, departments and infrastructure.
- Work actively with RBC Tax group to ensure that clients and entities are classified / certified correctly and that relevant documentation is completed to achieve appropriate taxation reportability classifications and with holdability rates.
- Establish and maintain controls surrounding the due diligence, withholding and reporting of Taxes, ensuring these are effectively managed and any risks are escalated in accordance with RBC Risk and Compliance policies.
- Establish a best practice approach in ensuring that clients, counterparties and internal business partners receive appropriate attention and that all queries are responded to and resolved in a timely fashion.
- Ensure team, and related processes are kept up to date with changing tax regimes as they apply to RBC CM businesses and clients.
- Assisting in the completion of audit preparedness planning and execution
- Develop reporting and ensure provision of weekly, monthly and annual KPIs and KRIs.
- Support all system testing and drive changes to improve process efficiency.
- Ensure procedures are regularly maintained and updated for all processes.
- Work to ensure that all projects raised internally or by the Operations Engineering Team are supported by the team and delivered to the best abilities of the team.
- The RBC attestation policy should be adhered to by account preparers and all accounts accurately assigned with an appropriate attestation status within the month end timetable.
What you need to succeed?
- University degree or College Diploma or any equivalent combination of qualifications and/or experience.
- 3+ years in a Capital Markets and/or reconciliation based role
- Strong organizational and time management skills.
- Problem Solving /Analytical Thinking.
- Diplomacy and tact to deal with staff and all levels of
- internal and external clients.
- Ensure working environment provides motivation and
- development opportunities.
- Promote ongoing cross-training for all positions to ensure availability of primary/secondary back up.
- Developing a culture of continuous self-development.
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
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Opportunities to do challenging work
- Flexible work/life balance options
Job Skills
Adaptability, Critical Thinking, Customer Service, Decision Making, Effectiveness Measurement, 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:
CAPITAL MARKETS
Job Type:
Regular
Pay Type:
Salaried
Posted Date:
2025-08-22
Application Deadline:
2025-11-19
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
About RBC
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 94,000+ employees who leverage their imaginations and insights to 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 our more than 17 million clients in Canada, the U.S. and 27 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 www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.