Job Summary

Job Description

What is the opportunity?

We are looking to hire a Commodity Derivative Structurer within the Macro Investor Structuring Team based in London.

This would be a new hire with a dedicated commodity knowledge to help support our European and global commodity investor ambitions (ex QIS).

What will you do?

Design and market Commodities products and solutions for RBCs institutional and distribution account baseProvide fast and accurate pricing of the whole range of commodity productsWork closely with the Commodity trading to facilitate execution of structured MTN Notes Prudent product generation ideas and clear communicationWork with other macro trading desk to structure products and solutions for Institutional and Corporate clients.Act with rigour, high critical thinking and team spiritGlobal distribution focus, with particular emphasis on UK regions, Switzerland, North America and APACSupport the Commodity Structured Notes business in EMEA, APAC and North America (across all commodities, inc Oil, Precious, Carbon etc)Support Commodity trading in derivative projects/pricing.Support Private Side for pricing when requiredDrive content creation, innovation, and product development for our Distribution business globally.Secondary Support for FX, SRT & RPK within the Macro Investor Team

Trade idea generation / Product innovation

Market intelligence: geographic activity monitoring of product popularity

  Identify, analyse and pursue Commodity, Rates & FX related business opportunities (e.g. creation of a specific tool, new product or structure)

  Identify, analyse and pursue Commodity, Rates & FX related business opportunities (e.g. creation of a specific tool, new product or structure)

Use of economic research reports: collect and incorporate economic rationale into product offering.

Organize and circulate deal information among sales and teammates, to foster pooling of interest and ideas.

Pricing/ Structuring

 Propose, design and price Commodity, Rates and FX structures to embed into global hedging solutions or investment products for clients.

  Incorporate XVAs, hurdle methodology.

  Perform price simulations (either historical, prospective): back-testing or forward-testing of hedging strategies.

  Work with quants and traders on development of pricing tools and automation of recurring pricing requests.

Marketing

  Contribute to building client pitches, product campaigns exhibiting good knowledge of the markets.

 Generation of attractive and comprehensive marketing documents and term sheets, with product description, benefits/risks simulations, market or economic rationale, accounting treatment

Participate in external client meetings and advising, executing and pitching together with the sales

Deal execution

 Coordination between DCM, sales and trading

 Define optimal booking with operational teams for structured solutions.

 Ensure documentation is accurate and exhaustive (internal documentation, term-sheet, internal tickets, legal documentation, set-up of booking and alerts, and external for documentation sent to clients for executed transactions

 Executing with market participants transactions, on behalf of issuing clients to provide agreed funding parameters, and on behalf of the firm as a hedging tool.

What do you need to succeed?

Must have

Educated to a degree level or equivalent.A high degree of mathematical ability and ability to price complex structures.Self-motivated, innovative and adaptable.Significant understanding of debt products and derivatives pricingStrong attention to detailExcellent modelling capabilitiesGood knowledge of financial productsBe a Certified person.Proven experience in product and transaction structuring, covering payoff, underlying and legal structuring.A strong understanding and knowledge of QIS products with experience in designing, searching, and testing them.

 

Nice to have

Fluency in an additional languageQuantitative background

What is 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, flexible benefits and competitive compensationLeaders who support your development through coaching and managing opportunitiesOpportunities to work with the best in the fieldAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamA world-class training program in financial services

Job Skills

Business Oriented, Creative Visioning, Customer Service, Delegating Tasks, Finance, Group Problem Solving, Marketing Strategy Implementation, Product Services, Strategic Thinking

Additional Job Details

Address:

100 BISHOPSGATE:LONDON

City:

London

Country:

United Kingdom

Work hours/week:

35

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-02-10

Application Deadline:

2025-02-24

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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