At a Glance
- Tasks: Support US Municipal new issue business and ensure operational efficiency.
- Company: Join RBC, one of the largest and most successful banks in the world.
- Benefits: Competitive salary, bonuses, flexible benefits, and work/life balance options.
- Other info: Opportunities for professional growth and development in a supportive team.
- Why this job: Make a real impact while working in a dynamic and collaborative environment.
- Qualifications: 1-2 years experience, strong communication, and organizational skills.
The predicted salary is between 43650 - 53350 $ per year.
To support the US Municipal new issue business. The role is intended to ensure operational efficiency, minimize risk and assure compliance with internal and external regulations for Muni syndicate offerings. This role involves frequent communication with the trading desks and provides seamless execution of the operational aspects of the desks.
What will you do?
- Acquiring DTC, eligibility in addition to liaising with transfer agents to effect accurate and timely settlement of Lead managed issues.
- Prepare final settlement letters for underwriters on Lead managed issues. This includes collecting expenses, creating P&L and final settlement letters.
- Wiring of monies for settlement of syndicate issues, and payment of any related vendor invoices.
- Communication with syndicate members and disbursement of final settlement fees.
- Adherence to Standing Orders for funds disbursement, and remaining versed/aware of internal funding limits.
- Collection of fees for non-lead deals.
- Detailed and accurate recording of all deal transactions, statistics and details.
- Manage settlements effectively to avoid operational risk, regulatory violations or reputational risk.
- Transmittal of monies and payments with accurate due diligence, thereby mitigating risk.
- Time reporting of funding requirements, securing needed funding and meeting Firm capital guidelines.
What do you need to succeed?
- 1 - 2 years of experience with background check validations.
- Excellent problem identification and resolution skills.
- Team player with strong communications skills.
- Strong organizational skills.
- Work with time deadlines requiring ability to prioritize.
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: Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management.
Additional Job Details:
- Address: 90 WESTERN PKY: BEDFORD
- City: Bedford
- Country: Canada
- Work hours/week: 37.5
- Employment Type: Full time
- Platform: CAPITAL MARKETS
- Job Type: Regular
- Pay Type: Salaried
- Posted Date: 2026-10-29
- Application Deadline: 2026-11-15
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above.
Syndicate Operations Analyst employer: RBC
RBC is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation thrives and employees are empowered to grow. As a Senior Director in Toronto, you will lead a talented team in developing cutting-edge AI solutions that transform the banking experience for millions, while enjoying comprehensive benefits, professional development opportunities, and a commitment to community impact. Join us to be part of a collaborative environment that values diverse perspectives and champions your success.
