Fixed Income Trading Associate Jobs Vacancy in Rbc Toronto
Rbc Toronto urgently required following position for Fixed Income Trading Associate. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.
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Fixed Income Trading Associate Jobs Vacancy in Rbc Toronto Jobs Details:
What is the opportunity?
This role exists to provide competitive execution of fixed income trades and related support for Investment Advisors. A successful fixed income trading associate will be respected for both trade execution skills and the ability to offer sound opinions and insights.
Execution includes: maintaining knowledge of the firm’s inventories, market prices, and managing relationships with RBC CM traders. Support includes: advice pertaining to security selection, product education, fixed income strategy, and proactive service where possible.
This role supports an asset base of approximately $80 billion, covering approximately 500,000 transactions per year totalling about $50 billion in a wide range of domestic, US and international fixed income securities.
What will you do?
Accept inbound calls and provide fast and efficient trade execution for the entire suite of Fixed Income products available at RBC.
Negotiate with RBC Capital Markets (RBC CM) traders and other counterparties on the client’s behalf, utilizing knowledge of the products, current markets, and trader’s inventories to secure product and pricing that is favourable to the client.
Assist Investment Advisors (IAs) in selecting the most appropriate security for a given strategy, and provide the IA with the necessary information to accurately explain the product or opportunity to their client.
Oversight of product groups as assigned (eg. Corporate Bonds), with responsibility for the robustness of product offerings, and quality of marketing and educational materials.
Responsible for Foreign Exchange Trading activities. A strong understanding of Currency markets is required. Must be able to comprehend the dynamics of Currency trading and be able to discuss market outlook/strategy with Advisors.
Generate quality and timely trade ideas and product highlights within the suite of Advisor-oriented publications (morning note, mid day note, direct email, conference calls, etc.)
Collaborate with RBC CM and US Wealth Management, utilizing their capabilities to maximize our product offering and improve pricing to clients.
Follow policies and procedures in order to contain costs and minimize risk to the firm or the possibility of errors.
What do you need to succeed?
Canadian Securities Course (CSC) & Conduct and Practices Handbook Course (CPH)
Securities Trading experience required and Strong understanding of the dynamics of a trading environment and the "Over the Counter" (OTC) fixed income market.
Previous experience working with IAs or in a retail client setting preferred.
Excellent writing and speaking skills.
Excellent interpersonal skills, with particular aptitude in the art of negotiation and communication.
Strong sense of judgement in balancing interests of IAs, clients, and RBC CM traders
Strong attention to detail and high level of diligence.
Proven and strong client service ethic.
Nice to Have
Fixed Income and/or Currency Trading experience considered an asset.
French & English considered an asset.
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.
Opportunities to do challenging work, and to gain wide breadth of exposure in the Operational Risk space, including Supplier/Third Party risk, Legal and Regulatory risk, IT risk, as well as other aspects of product, financial, project and Fraud risk.
Gain a breadth of experience and exposure to the global WM platform
Opportunities to take on progressively greater accountabilities
Opportunities to building close relationships with clients
Royal Bank of Canada is Canada’s largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com .
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Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
Address: 200 Bay Street South
Work Hours/Week: Monday to Friday
Work Environment: Trading Floor
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Required Travel (%): 0
People Manager: No
Application Deadline: 2018-02-09
Req ID: 149031
Posting Notes: [[mfield1]]