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Full-Time
On-Site

Director, FX Sales, Royal Bank of Canada (US), New York, NY:

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Description

The Director, FX Sales will provide high-touch coverage for institutional foreign exchange clients. This role involves building and developing relationships with asset managers across the US, managing client accounts (booking, confirming, onboarding, and price tiering), and collaborating with various internal stakeholders such as Global FX Sales, Macro Sales, Trading, and IT Development. Key responsibilities include executing FX trades, providing market commentary and trade ideas, focusing on growing the US business, specifically in the Boston region, and improving underperforming client accounts. The role also requires modeling US macroeconomic data and presenting findings to clients.

What We're Looking For

High-touch coverage for Institutional Foreign Exchange clients,Ability to build and cultivate relationships with asset managers across the US to service foreign exchange needs,General account management for FX clients (booking, confirming, onboarding, price tiering),Liaising with internal stakeholders: Global FX Sales, Macro Sales, Trading, IT Development,Provide US clients with FX trade execution including complex options, market commentary, and trade ideas,Grow the US business at RBC, including specialized coverage of the Boston region and developing existing relationships,Taking underperforming US accounts from other salespeople and developing them into profitable accounts,Modeling US macroeconomic data and events and presenting this to clients

Ideal Candidate

Bachelor's degree in Finance, Economics, Business, Psychology or a related field and 5 years of related work experience,OR Master's degree in Finance, Economics, Business, Psychology and 3 years of related work experience

Minimum Education

Bachelor's Degree or Master's Degree

Hard Skills

Drivers of the FX market
Macro-economic inputs, co-dependencies, correlations with other macro products (commodities, equities and interest rates)
Client relationship management (cultivating and developing relationships through strategic engagement and resource provision)
Pitch trade ideas
Collaborating with trading teams on execution
Safeguarding the trading desk against risk
Macroeconomics and Excel modeling for foreign exchange products (including data analysis and bespoke client requests)
FX currency exchange sales
Executing trades across various platforms in a high-volume, fast-paced environment
Applicable regulatory requirements to trade with Canadian and US clients
FX trade booking and confirmation
Ability to calculate FX forward points

Soft Skills

Relationship building
Strategic engagement
Collaboration
Presentation skills (presenting macroeconomic data and events to clients)

Work Hours

40 hours/week, Monday – Friday

Benefits

401(k) program with company-matching contributions
Health insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Paid time-off plan
Discretionary bonus

Special Commitments

International travel required up to 5%,Domestic travel required up to 15%

About the Company

R

Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. As Canada's largest bank, it provides personal and commercial banking, wealth management, and capital markets services to over 17 million clients worldwide.

Purpose-driven
Inclusive
Innovative
Collaborative
Professional
View all jobs at Royal Bank of Canada

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