Associate Director, US Securities Settlements – RBC, Toronto, ON
Location: Toronto, ON | Company: RBC
RBC is hiring an Associate Director, US Securities Settlements for a full-time position in Toronto, Ontario. This Capital Markets operations role leads a team responsible for supporting U.S. dollar securities settlements across Fixed Income, Equity and Central Funding business lines.
The successful candidate will oversee operational delivery, employee performance, client service and risk controls while helping the department meet established settlement and service targets. The position requires strong knowledge of U.S. securities clearing, internal trading systems and the operational risks connected to high-volume settlement activity.
About This Securities Settlements Leadership Role
The Associate Director will manage a team supporting U.S. dollar settlement activity generated by several Capital Markets businesses. The role focuses on ensuring transactions are processed efficiently, operational issues are escalated appropriately and service commitments are consistently met.
In addition to daily oversight, the position is responsible for developing employee knowledge, improving processes and advising senior leaders on operational, people and technology matters. The successful candidate will also act as a subject matter resource when additional departmental coverage is required.
Key Areas of Responsibility
The role combines people leadership, operational control and service management. The Associate Director will be accountable for team results and for maintaining effective processes that reduce settlement and operational risk.
Team Performance
Lead the settlements team against established service, productivity and employee-engagement targets while maintaining clear expectations and accountability.
Service Quality
Monitor client and service-partner outcomes, address service concerns professionally and support consistent delivery across assigned settlement activities.
Operational Risk
Ensure procedures, controls and escalation practices are in place to reduce operational risk and comply with RBC policies, standards and guidelines.
Stakeholder Relationships
Build productive relationships with business partners, service providers and internal teams involved in securities settlements, accounting and operations.
Systems and Regulatory Change
Participate in testing and verification for system upgrades, business continuity processes and regulatory initiatives affecting settlement operations.
Process Improvement
Identify operational obstacles, recommend improvements and provide senior management with practical guidance on people, process and technology decisions.
US Securities Settlement Operations
Candidates should have strong knowledge of U.S. securities settlement processes and clearing depositories. Relevant experience may include equity and fixed-income settlements, transaction matching, exception management, funding requirements and coordination between trading, operations and accounting systems.
The Associate Director must understand the procedures and risks within the department and be able to respond when settlement issues threaten service levels or create financial exposure. Clear escalation, timely decision-making and accurate communication are important when managing operational events.
Skills That May Help Candidates Succeed
This opportunity is suited to an experienced operations leader who can manage people, processes and time-sensitive settlement activity while maintaining a strong risk and control mindset.
Strong knowledge of U.S. dollar securities settlement processes, clearing depositories and the operational requirements associated with equities and fixed income.
The ability to manage employee performance, build product knowledge, delegate work and maintain an informed and engaged team.
Experience identifying process risks, applying controls and ensuring that settlement activity follows established policies and escalation standards.
The ability to work independently, assess operational issues and develop practical solutions using technical knowledge and experience.
Strong communication and relationship-management skills for working with employees, clients, service providers and senior Capital Markets stakeholders.
Qualifications and Workplace Details
RBC requires post-secondary education or an equivalent background, together with FINRA Series 99 registration and completion of applicable RBC-mandated learning. Candidates must demonstrate the ability to manage people and processes and should understand internal trading, operations and accounting systems.
Securities settlement and clearance experience is considered beneficial, together with strong computer skills and operational risk awareness. The position is based at RBC Centre, 155 Wellington Street West in Toronto and follows a full-time schedule of 37.5 hours per week.
How to Apply
Interested candidates should apply through RBC’s official careers website. Application materials should highlight U.S. securities settlement knowledge, team leadership experience, operational risk management and previous responsibility for settlement controls, system changes or service delivery.
The official application deadline is August 13, 2026, with applications accepted until 11:59 p.m. on the preceding day. RBC may contact qualified applicants to review their experience in greater detail. Joblyz does not receive applications or participate in hiring decisions.