2025 Capital Markets, Business & Client Services, Fall Tax Operations Analyst (12 Months, Co-op)

Looking to start your career in Financial Services RBC fosters a positive learning environment for students by providing the support and resources to help strategize your career path. Since we opened our doors in 1864 RBC has grown to become one of North Americas leading diversified financial services companies. This is an exciting opportunity to be part of a high-performing and dynamic global group.

Business and Client Services (BCS) is a premier partner in providing business and client services that facilitate and enable the growth of our Capital Markets Businesses. BCS is a core operational component of Capital Markets that supports the sales and trading functions of our business and supports our clients experience.

What will you do

The Fall Analyst will be expected to perform a number of critical Tax Operations functions related to the on-boarding of new and/or existing clients and local management of the collection. The team is aligned with other functional units within RBC CM that currently support RBC CMs businesses. This individual will report to the Tax Operations Manager of the respective functional department. The roles and responsibilities will vary depending on the team you are assigned to but could include:

• 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) Financial Transactions Tax (FTT).
• Undertake day to day activities of the Toronto Tax Operations Team for RBC CM business Units which includes but not limited to key-in critical Tax Information; assist with Tax Ops projects; and respond to ad hoc requests.
• 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.
• Assisting in the completion of audit preparedness planning and execution
• Support all system testing and drive changes to improve process efficiency

What do you need to succeed

Must-have

• Very strong analytical and problem solving skills with a logical mind-set and technical aptitude
• Ability to collect analyze interpret and query data Inherent sense of ownership and initiative
• Excellent communication skills clear and concise oral written and presentation abilities
• Proven relationship-building skills to create maintain and enhance relationships with internal and/or external partners
• Ability to comprehend and document complex business requirements

Nice-to-have

• Studies in Accounting Economics or Finance

Whats 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.

• 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
• Opportunities to do challenging work and make a difference
• Opportunities to building close relationships

Additional Job Details

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 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.