Operations Associate III - Cost Basis

Operations Associate III - Cost Basis RBC Capital Markets, LLC 401(k) United States, Minnesota, Minneapolis May 08, 2026 Job Description What is the opportunity? Join RBC Wealth Management, a 2021 Minneapolis/St. Paul Business Journal "Top Place to Work", and shape RBC's future! The Cost Basis department is responsible for the maintenance of our clients' cost basis records. You will partner with Financial Advisors and Client Associates to address questions or solve problems related to the maintenance of our clients' cost basis records. In this fast-paced and deadline driven environment, you will be dedicated to quality work by providing superior customer service via phone and e-mail and delivering results by processing requests in a timely manner. If you have great customer service skills, enjoy challenging work, and are looking for the next step in your career, we want to hear from you! What will you do? Process requests from branch offices related to the gathering and maintaining of cost basis information pertaining to corporate actions, tax documents, and account balancing. Interpret details related to a corporate action and combine those details into the cost basis system. Responsible for maintaining a corporate action log of entries completed and still under investigation. Assist in monitoring and verifying that essential department functions are completed on a timely basis and within compliance and/or departmental guidelines. Edit, correct, maintain, and make additions or corrections to the TLE system as required by any assigned daily reports. Also, adjusts "held away" tax lots when necessary. Process the CBRS, the Manual Transfer Statements, and the Cost Basis Request Letter files. What do you need to succeed? Must-have 4-year degree from an accredited university (or equivalent) OR High school diploma (or equivalent) AND 2 years of job-related experience. Effective problem identification, analytical, and resolution skills along with proficient computer skills in Windows-based software products. Effective exceptions based processing skills. Ability to communicate effectively both verbally and in writing, excellent customer service skills, organizational skills, and superb attention to detail. Ability to handle multiple priorities in a fast-paced and deadline driven environment. Nice-to-have 4-year degree from an accredited university in business, finance or related field. 1+ year business, finance, customer service and/or accounting/bookkeeping experience. 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 The good-faith expected salary range for the above position is $45,000 - $70,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC's high performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value

Job Skills Active Learning, Communication, Critical Thinking, Microsoft Office, Operational Delivery, Process Improvements, Time Management Additional Job Details Address:

250

NICOLLET MALL:

MINNEAPOLIS

City:

Minneapolis Country:

United States of America Work hours/week: 40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular Pay Type:

Salaried Posted Date:

2026-04-30

Application Deadline:

2026-05-22

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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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. 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.