RBC Dexia to create 260 jobs at new Malaysian hub

RBC Dexia to create 260 jobs at new Malaysian hub

Custodian RBC Dexia has opened a new operational hub in Malaysia and will create 260 back office and IT jobs at the facility by the end of 2009.

The Malaysian office extends RBC Dexia's operations to 16 countries around the world. The new office is one of five RBC Dexia operational hubs worldwide and will boast a staff complement of 260 by the end of 2009, says Rob Wright, RBC Dexia COO.

"As a leading processing centre for the financial services industry, Malaysia complements our existing operations in the fast-growing Asia-Pacific region," he says. "Not only will the opening of this new office provide our clients with access to 24-hour service capability - it will also help to support the influx of new business and anticipated future growth, and further enhance the scalability of our global operations."

The Malaysian workforce will provide transactional activities for custody and fund administration, preliminary accounting work for net asset valuations, reconciliation for securities, cash and foreign exchange, and critical transactional support for the firm's 24-hour global business.

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