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Full-Time
On-Site

Senior Trader - Fixed Income Services

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Description

The Clearing & Custody Fixed Income Trader at Royal Bank of Canada focuses on achieving best execution for bonds for Financial Advisors (FAs) within a team-oriented environment emphasizing teamwork, service, responsibility, and integrity. This role contributes to a proactive risk trading team, driving productivity and delivering excellence through trade execution and idea generation for Clearing & Custody Financial Advisors.

What We're Looking For

Execute trades with a focus on best execution, managing risk within assigned limits across multiple asset classes.,Evaluate real-time financial market information to quickly and accurately assess market risk for optimal pricing.,Develop and distribute creative and timely market insights and ideas to Financial Advisors.,Proactively generate actionable ideas for FAs, including portfolio ladders, swap opportunities, and new money opportunities.,Build and maintain strong relationships within the Clearing & Custody retail network by providing high-level service.,Proactively pursue new trading relationships with C&C Firms and FAs.,Stay informed of changing compliance standards, maintain accurate records, and ensure all trades comply with regulations and policies.,Bachelor's Degree or equivalent experience/academic achievement in Economics, Finance, or Mathematics.,Demonstrated knowledge of fixed income markets, economics, marketing strategies, and fixed income instruments, or a willingness to learn.,Proficiency with Bloomberg, Microsoft Word, Excel, and PowerPoint.,Ability to work and meet critical deadlines in a fast-paced environment, performing tasks from multiple sources under pressure.,Ability to quickly assess situations, react to market/economic conditions, and offer creative solutions.

Ideal Candidate

Bachelor's Degree in Economics, Finance, Mathematics, or equivalent work experience.,Series 7, 66, & 52 licenses (or ability to acquire within 90 days).,3+ years in a Fixed Income environment with exposure to trading activity.,Prior experience with principal trading and RBC specific trading systems & processes.,Proficiency with the Tradeweb platform.

Minimum Education

Bachelor's Degree

Hard Skills

Bond Trading
Investment Banking Analysis
Securities Laws
Standard Operating Procedure (SOP)
Trade Client Reporting
Volatility Analysis
Bloomberg
Microsoft Word
Excel
PowerPoint
Tradeweb platform

Soft Skills

Teamwork
Service-oriented
Responsibility
Integrity
Idea Generation
Business Development
Proactive
Relationship Building
Compliance Awareness
Detail-Oriented
Ability to work under pressure
Critical thinking
Problem-solving
Adaptability

Work Hours

40 hours/week

Benefits

Comprehensive Total Rewards Program
Bonuses
Flexible benefits
Competitive compensation
Commissions
Stock (where applicable)
Leadership support for development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, growing, collaborative, and high-performing team
Opportunities for a wide variety of challenging work
Opportunities for progressively greater accountabilities
401(k) program with company-matching contributions
Health insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Paid time-off plan

Special Commitments

Ability to acquire Series 7, 66, & 52 licenses within 90 days.,Willingness to proactively pursue new trading relationships.,Willingness to learn fixed income markets and instruments.

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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