What is the opportunity?

In this exciting opportunity, you will be responsible for all activities with respect to QI & FATCA withholding, remittance and reporting of US source income to the IRS.

What will you do?

• Ensure the accuracy, timeliness and completeness of US tax withholding, remittance and reporting of US source income
• Develop comprehensive procedures to ensure that all reporting and reconciliations comply with the IRS QI and FATCA obligations and internal audit, this includes ensuring desk operating procedures are fully documented and are current
• Work with various business units, client service and certain clients, to ensure completeness of data required for accurate tax reporting
• Responsible for identifying any tax reporting discrepancies
• Stay on top of any IRS regulatory changes
• Participate in the development and testing phases of regulatory projects involving RTAX and various custody systems, which contain system enhancements meant to improve the overall efficiency of tax reporting, and to meet the IRS regulatory reporting requirements
• Support QI reporting responsibilities for other custody platforms, as required
• Liaise with the Tax Advisory Group to ensure regulatory requirements are met within the departments operating deliverables.
• Able to prepare US tax Forms’ 945, 1042, 1099 and 1042-S, and be responsible for US REITs and RICs reclassification adjustments

What do you need to succeed?

Must-have

• University degree and/or work experience in the related field
• Knowledge of QI & FATCA withholding and reporting guidelines
• Strong technical competency in handling large data volume
• Solid Risk Management and mitigation focus mindset

• Excellent interpersonal skills and ability to multi task and work with various competing priorities and timelines

Nice-to-have

• Completion of the Canadian Securities Course (CSC)
• Knowledge of RBC I&TS’ systems

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.

• Excellent exposure to communicate with various business partners and stakeholders in Investor & Treasury Services and within other platforms as appropriate
• Opportunity to obtain hands-on experience throughout your role
• Working with an exciting, close-knit, supportive & dynamic group
• Opportunity to collaborate with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation

RBC is committed to supporting flexible work arrangements when and where available. Details to be discussed with Hiring Manager. RBC requires as a condition of employment that all successful candidates in the United States and Canada be fully vaccinated against COVID-19 prior to their start date, and may require proof of the same. Reasonable accommodation is available where required by law.

Job Skills

Active Learning, Adaptability, Consolidated Reporting, Critical Thinking Problem Solving (Inactive), Customer Service, Decision Making, Effectiveness Measurement, Foreign Account Tax Compliance Act (FATCA), Management Reporting, Operational Delivery, Process Improvements, Reconciliations (Inactive), Regulatory Reporting, Reporting Requirements, Tax Filings

Additional Job Details

RBC CENTRE, 155 WELLINGTON ST W:TORONTOTorontoCanada37.5Full timeWEALTH MANAGEMENTRegularSalaried2025-10-092025-10-23

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.