What is the Opportunity?

Senior Trader covering Fixed Income- Agencies and Government responsible for providing actionable ideas and maintaining a high level of service and relationship building.

What will you do?

• Trade Agencies and Treasury debt to service RBC Wealth Management (RBCWM) financial advisors and clients.

• Support Agency debt underwriting.

• Responsible for secondary callable trading by providing liquidity and inventory for wealth management and middle market salesforce.  

• Responsible for the accurate marking and hedging of positions.

• Create actionable trade ideas geared toward retail and middle market sales.

What do you need to succeed?
Requirements:

• Bachelor’s degree

• Series 7 and 63

• 5 years minimum of relevant trading experience

• Candidates should have the people skills to collaborate and communicate well with both wealth management and middle market salespeople.

• Be fully conversant and knowledgeable of market conditions and industry rules and changes. 

• Possess thorough knowledge of underwriting, secondary market, and relationships with the dealer community.

Nice to have:

• Strong Excel, VBA, and Python

• Familiar with ECN platforms

AUTHORITIES, IMPACT, RISK

• Position will have a direct impact on Fixed Income financial performance

• Position authorized to trade accounts

• Role has access to nearly all firm data, supports investment and risk measurement, and performs daily control functions on security valuations

KEY RELATIONSHIPS

• Interaction with the retail network, middle market sales, trading and support staff.

WORKING CONDITIONS

• Office working conditions in a high intensity trading floor setting

• Monitoring processing during market hours.
• Some travel required as needed

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 $180,000-$200,000 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

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.