Senior Specialist, CA Milvus Payment Processing

Toronto, ON
On-site
Posted Oct 8, 2026
1 position

$55,000–$90,000 / year

Opens an external site

Employment type: Full-time
Experience level: Mid-level · 2+ years
Minimum education: Bachelor’s degree
Posting language: English
Working hours: 38 hours per week

Job summary

The incumbent will process, check, and release daily payment proceeds from depositories to client accounts while ensuring timely reconciliation. They are also responsible for investigating outstanding cash and assets and identifying operational improvements for the management team.

Job details

Job Description What is the opportunity? The incumbent will work within the Corporate Actions Processing team to process, check and release daily payment proceeds from multiple depositories/agents/issuers to eligible clients’ accounts. It requires timely posting, reconciliation, consistency and completeness of payments besides managing the responses to clients’ queries in a timely manner. What will you do? Balance the entitlement received from multiple depositories/agents/issuers for all internal systems including Trust/Bancs/Milvus. Post entitlements into clients’ accounts on date of receipt or where not possible ensuring strict adherence to protocol. Provide relief for staff on vacation/absences or during high volume by reviewing daily expiring events to ensure all instructions are correctly tendered with depositories/agents and positions are segregated where applicable. Identify, develop and propose improvement to the manager on daily operations. Investigate and reconcile all cash and asset outstanding on a timely manner. Escalate all critical issues identified to the management team to ensure risk containment. Review PPLs and DOPs on a regular basis and update as required. What do you need to succeed? Must have: Bachelor’s Degree Knowledge of Corporate Action Principals & Custody Platforms Intermediate MS Office Suite (Excel, Word, Outlook, etc.) Nice-to-have: Back Office experience within financial services industry Intermediate Accounting 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 includes 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. Job Skills Active Learning, Communication, Critical Thinking, Customer Service, 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: WEALTH MANAGEMENT Job Type: Regular Pay Type: Salaried Posted Date: 2026-10-05 Application Deadline: 2026-10-19 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs. Pay Range The expected pay range for this position is: $55,000.00 - $90,000.00 The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable. You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals. Our Employment Opportunities At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One 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. RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

What you’ll do

Requirements

Candidates must hold a Bachelor's degree and possess knowledge of corporate action principles and custody platforms. Proficiency in the MS Office suite is required, with preference given to those with back-office financial services experience.