Specialist, Operations – Tax Operations
City : TORONTO, Ontario, Canada
Category : Operations
Industry : Financial/Banking
Employer : RBC
Job Summary
Job Description
What is the opportunity?
You will be a member of a team that is responsible for the preparation and filing of US tax forms including 945, 1099, 1042 and 1042-S. Specific duties will include a number of critical activities related to U.S. tax withholding, remitting and reporting for QI, FATCA, Section 302, Section 305c, Section 871m, Section 1446a and Section 1446f.
What will you do?
- Undertake day to day activities within the US Tax team including, but not limited to, preparing and reviewing daily reports, processing tax adjustments, calculating and remitting tax to the IRS, reconciling Section 871m transactions, and processing Section 302 events
- Investigate and resolve client and branch questions
- Adhere to regulatory tax reporting requirements
- Maintain desk operating procedural manuals – review and update as required
- Identify opportunities to increase efficiencies and reduce operational risk using automated and semi-automated processes
- Participate in development and testing phases of regulatory projects
What do you need to succeed?
Must Have
- University degree within a financial or economic sector or a recognized financial based diploma or equivalent work experience
- Highly proficient in Microsoft Office, including MS Access
- Ability to work well independently and as a member of a team
- Flexible pro-active attitude with the ability to adapt to changing requirements and work well under the pressure of regulatory deadlines
- Detail oriented with a high level of accuracy regarding data entry, review and analysis
Nice to Have
- Operational tax knowledge of US withholding and tax reporting for QI and FATCA
- Knowledge of U.S., Canadian and foreign investment / securities industry
- Previous experience with reconciliation processes
- Working knowledge of Monarch, VBA, SQL, Adobe Acrobat, mail merges and macros
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.
- Opportunities to do challenging work and to take on progressively greater accountabilities
- Leaders who support your development through coaching and managing opportunities
- Work in a dynamic, collaborative, progressive, and high-performing team
- Ability to make a difference and lasting impact
- Excellent career development and progression opportunities including access to a variety of job opportunities across business and geographies
- A comprehensive Total Rewards Program including bonuses and flexible benefits
Job Skills
Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time ManagementAdditional Job Details
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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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
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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.