Job Summary

Job Description

Job Description

What is the opportunity? 

Increase revenue by seeking out asymmetric return and arbitrage opportunities across various fixed income and FX products.Strengthen platform by offering unique financing solutions to clients

What will you do?

Analyze global interest rate and FX markets to seek out and execute upon asymmetric return and arbitrage opportunitiesBonds, Repo, MM products, interest rate futures, interest rate swaps, asset swaps, invoice spreads, cash-futures basis, RVSpot FX, FX swapsSeek out new clients and expand activity with existing clients by leveraging unique financing solutions (e.g. total return swaps, collateral swaps)Effective management of interest rate, FX and liquidity riskCollaborate globally with internal partners to strengthen client relationshipsShare strategies and market insights with managementExpand desk’s analytical and modelling toolsProactively identify operational risks/control deficiencies in the businessReview and comply with Firm Policies applicable to your business activitiesEscalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis

What you need to succeed?

Required

Minimum Bachelor’s degree (CFA and/or Master’s degree are assets)Curious and creative self-starter with a proven track record of innovative trade idea generationExcellent work ethic and aptitude for risk managementStrong quantitative, analytical, communication and computer skillsExcellent understanding of global fixed income and FX swaps marketsExpertise in financing markets with a focus on balance sheet and collateral optimizationExperience trading FX swaps and treasury cash-futures basisExperience quoting term repo, extendible repo, evergreen repo, bond forwards, T-locks and total return swapsStrong understanding of regulatory landscape (Basel III) and collateral management themes

Preferred

CAD & USD registered

Behavioural

Must have the ability to perform under periods of pressure.Good communication skills are essential at various levels of seniority when dealing with internal and external customers as well as other business units.

Technical

Regulatory understanding of fixed income and FX markets

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 compensationLeaders who support your development through coaching and managing opportunities Work in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workFlexible work/life balance options

Job Skills

Analytical Thinking, Asset Swaps, Client Prospecting, Client Relationship Building, FX Swaps, Interest Rates, Interest Rate Swap, Teamwork, Total Return Swaps

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-05-29

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At 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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.