What is the opportunity?
You will join a team responsible for ensuring compliance with the tax reporting requirements of the IRS QI Agreement. Team responsibilities include tax withholding and remittances, information reporting to accountholders and the IRS, and income and tax reconciliation. Reporting to the Manager, US Tax Reconciliation, you will perform reconciliation activities to confirm that tax withholding and reporting are accurate and fully compliant with US Tax Regulations.
What will you do?
Perform income and tax reconciliation tasks across daily, weekly, monthly, quarterly, and annual cycles
Research tax reporting and withholding requirements from security issuer websites, including obtaining Qualified Notices and income reallocation data
Proactively identify, track and escalate data anomalies across reconciliation cycles
Investigate breaks, identify root causes and follow up as required to prevent repetition
Validate data integrity across multiple systems (BTS, ClientSource, OnDemand, ServiceLink) to ensure reporting accuracy
Recommend process improvements based on findings and industry best practices to enhance efficiency
Maintain and update desk operating procedure manuals to reflect current processes
What You Need to Succeed
Must haves:
University degree or recognized diploma in finance, economics, or accounting, or equivalent professional experience
Advanced proficiency in MS Access (SQL queries, VBA, macros) and MS Excel Workflow Automation Tools (Power Queries, pivot tables, VBA)
2+ years of experience in QI-related tax operations
2+ years of reconciliation experience with proven ability to investigate and resolve account breaks
Exceptional attention to detail and accuracy in data entry, review, and analysis
Strong written and verbal communication skills
Ability to work effectively both independently and collaboratively in a team environment
Nice-to-have:
Completion of Canadian Securities Course (CSC)
Familiarity with RBC Wealth Management Canada systems and applications (BTS, ClientSource, OnDemand, ServiceLink)
Understanding of US tax regulations applicable to Qualified Intermediaries, including the QI Agreement and Sections 302, 305(c), 871(m), and 1446 of the Internal Revenue Code
Knowledge of security financing, including institutional borrowing and lending, third-party settlements, derivatives, and repos
Bilingual in French and English
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, 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
Analytical Thinking, Data Investigation, Detail-Oriented, High Accuracy, Tax Operations, Tax Reconciliation
Additional Job Details
180 WELLINGTON ST W:TORONTO
Toronto
Canada
37.5
Full time
WEALTH MANAGEMENT
Regular
Salaried
2026-07-03
2026-07-17
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
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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.
