Senior Advisory Fixed Income Trader bei RBC

The Senior Advisory Fixed Income Trader is a professional who seeks best execution in the trading of Fixed Income products for Financial Advisors (FA) who transact in fee-based accounts. This trader would join a proactive team who, through education and idea generation, drive productivity and deliver excellence in pricing, product and service to our FAs with focus on their clients’ best interest.

What will you do?

• Execute fixed income trades with focus on best execution on every trade, making every dollar count.

• Facilitate agency trades in a timely manner.

• Provide price guidance and point out security specific issues that FA should be aware of before executing (e.g. de minimis, calls/puts/sinkers, etc.)

• Develop and maintain intimate awareness of market and relative value in sectors in order to assess appropriateness of pricing.

• Identify replacement ideas if pricing is off market or bonds trade away.

• Proactively provide FAs with sector specific offerings, ladders, swaps, and other actionable ideas.

• Respond quickly and precisely to inquiry from individual FAs with specific offerings or broader portfolio reviews.

• Share ideas and work collaboratively with Strategies, Business Development, and position trading desks to assure cohesiveness of message and keep all desks on the same page.

• Leverage street contacts to maximize opportunity and identify value.

What do you need to succeed?

Must-have

• Bachelor's Degree, or the ability to demonstrate experience or academic achievement in related fields such as Economics, Finance, or Mathematics, or equivalent work experience

• 5+ years in Fixed Income and Trading experience

• Demonstrated knowledge of fixed income markets, economics, marketing strategies, municipal sector, and other fixed income instruments

• Proficient with Bloomberg and other investment software packages

• Series 7 & 66 or 63 licenses, or ability to acquire within 90 days

Nice-to-have

• 10+ years of trading experience

• Prior experience in structured investment and mortgage products

• Proficiency with the Tradeweb platform

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 compensation, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• Flexible work/life balance options

• Opportunities to do challenging work

• Opportunities to take on progressively greater accountabilities  

• Access to a variety of job opportunities across business

The good-faith expected salary range for the above position is $65,000 - $115,000, depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:

-        Drives RBC’s high performance culture

-        Enables collective achievement of our strategic goals

-        Generates sustainable shareholder returns and above market shareholder value