What is the opportunity?

• Support and build-out of the New York based Rates Market Making desk as a Rates Derivatives Trade Support Analyst.

• Develop a deep understanding of macro financial markets to provide support to the Market Making Desk.

• Strive to provide best-in-class trade execution to RBC's investment professionals.

• Deliver the highest degree of white-glove service to clients

What will you do?

• Day-to-day emphasis on the support and automation of complex transactions in the Rates Derivative product family (Swaptions, OIS, Caps, Floors, Bond Options, FRA), Futures hedging – where product proficiency is required to interpret economics, understand guidelines, and develop processes.

• Strong grasp of macroeconomic drivers and trends affecting rates markets.

• Monitor real-time risk metrics and trading activity on the desk; develop enhanced analytics and reporting to support traders' decision-making on position management, hedging strategies, and intraday risk exposure.

• Serve as a point of contact between the Rates Market Making desk and support functions (Technology, Compliance, Product Control) to escalate desk-specific operational questions and support seamless execution of complex derivative strategies.

• Collaborate with the Trading desk and Technology teams to identify opportunities to streamline market-making workflows, reduce friction in trade execution, and enhance desk efficiency through process refinement and automation.

• Work alongside experienced traders on the Trading Desk to develop practical expertise.

• Manage client relationships and serve as a reliable intermediary for accurate, timely communication with trading counterparties.

• Utilize Bloomberg terminal, Murex & Markitwire to monitor positions, trade details, and communication with desk.

What you need to succeed?

Required Skills:

• Exceptional attention to detail.

• Ability to manage multiple tasks and deadlines in a fast-paced environment.

• Driven attitude to help create efficiencies within current processes and lead projects.

• Emphasis on strong communications ability.

• Demonstrate strong analytical and technical skills, data manipulation, macros, excel based processes.

• Ability to develop relationship cooperatively with all levels of the team.

• FINRA Registrations: SIE & Series 99 and/or SIE & Series 7/Series 63 (to be completed within 90 days if absent).

Nice to have:

• Extensive experience with Rates Derivative products and the resulting trade life-cycle processes – i.e. Option Exercise, Novations, Terminations, Clearing, etc.

• Knowledge of Regulatory Requirements within derivative trading landscape – i.e. Dodd Frank, EMIR, MiFID II, PTMM, etc.

• Technical Proficiency in financial systems and exchanges: Bloomberg Terminal, Murex, Markitwire, Rose, Sophis, Felix

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

• Opportunities to do challenging work

• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $70,000 - $105,000 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

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Job Skills

Additional Job Details

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.

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.