New York, New York, USA
1 day ago
Associate - Credit Derivatives Trade Support

Job Summary

Job Description

What is the Opportunity?

We are seeking a Credit Derivatives Trade Support Associate with 3-5 years of trade support / financial institution experience and a strong interest in financial markets to help provide support to the New York Market Making Desk as we strive to provide best-in-class trade execution to RBC’s investment clients. In this role, you will focus on supporting the New York desk.

What will you do?

Day-to-day focus is on support of complex transactions in Credit Derivative and Equity trading, where aptitude is integral to interpret economic factors, requirements and processes.

Work along-side and learn from Market Making Desk with years of industry expertise

Gain an overall understanding of market trends in credit space and leading factors to credit index, options, and single name movement

Enhance trades, monitor trader books, and scrutinize all positions to ensure they are booked accurately / flowing downstream as expected

Help develop fine-tuned procedures to recognize potential risk areas and prevent trade or operational errors

Maintain client relationships and relay information to & from trading counterparties

Act as main liaison between Front Office and Legal, Regulatory Reporting, Technology, Settlements and Back Office teams to resolve any trade booking and settlement issues

Utilize Bloomberg terminal to monitor positions, PnL, trade details, and communication with desk.

What do you need to succeed?

Bachelors degree

3-5 years of trade support / financial institution experience

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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.

* 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.

* Opportunities to do challenging work.

* Opportunities to build close relationships with clients.

The expected salary range for this particular position is $70,000 to $100,000 depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

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

Job Skills

Adaptability, Analytical Thinking, Critical Thinking, Customer Service, Decision Making, Interpersonal Relationship Management, Operational Delivery, Problem Resolution, Process Improvements, Time Management, Trade Support

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-03-07

Application Deadline:

2025-03-24

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 embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
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We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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