About this Associate, FX Execution & Securities Finance role at RBC
Job Description
What is the opportunity?
As the Associate, FX Execution & Securities Finance, you will be responsible for supporting both the FX Execution and Securities Finance businesses in Singapore, managing pricing, execution, and client relationships across foreign exchange and securities lending products.
What will you do?
- Manage pricing, positioning, and execution of all foreign exchange requests from RBC Investor Services clients.
- Oversee G10 and onshore restricted markets FX business with focus on Asia.
- Maximize revenue through dynamic and efficient market execution.
- Develop and maintain professional working relationships with Clients and external counterparties.
- Provide consistent, accurate market pricing to Clients.
- Keep Senior Management updated on key FX market trends and developments.
- Maximize net revenue and minimize costs for clients in the Securities Lending program; execute daily recalls, borrower interactions, monitoring buy-ins, liaising with back office on settlements.
- Develop new revenue opportunities and optimize use of client assets within lending parameters.
- Manage borrower and lender relationships globally.
- Resolve trade discrepancies, manage collateral in line with client parameters.
- Investigate and resolve trade discrepancies and contract compare breaks.
- Ensure all daily reporting is completed by close of business.
What do you need to succeed?
Must-have
- Degree or equivalent is required
- Relevant professional/regulatory qualifications (e.g., FMRP, CMFAS 1B, CFA or equivalent)
- Securities Finance and FX background
- Experience in FX trading/flow management
- Highly numerate and accurate
- Ability to handle day-to-day resolution of complex problems
- Deep understanding of market services products
- Good knowledge of Asian emerging markets
- Understanding of the full FX product suite
- Ability to work in a team and under pressure
Nice-to-have
- Strong systems abilities (Excel, Access, Bloomberg)
- Financial industry experience in equity, fixed income trading, or collateral management
- Professional written and verbal communication skills
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, flexible benefits and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services.
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.
Job Skills
Foreign Exchange (FX) Trading, Market Knowledge, Securities Finance, Securities Lending, Trading DesksAdditional Job Details
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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.
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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.