Job description
Come Work with Us!
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.
Whether you’re helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.
Job Title
Job Description
What is the opportunity?
We are hiring a Junior Rates Trader to support the day to day activities in our European Flow Rates Trading (EUR FRT) team based in London. The individual will work closely with the existing EUR FRT team and needs to have a strong interest in fixed income markets and an eagerness to learn.
What will you do?
- Gain a good understanding of the Fixed Income Sales & Trading (bonds, derivatives, interest rate derivatives and credit trading).
- Support senior traders with management of risk across various books across the desk.
- Work with team members across the desk to assist with daily tasks and reporting obligations.
- Establish and maintain internal relationships across FICC to further desk goals and personal development.
- Work with sales functions to develop an understanding of the needs RBC’s clients.
- Work with control functions such as Risk, Compliance Legal to ensure governance and controls infrastructure are adhered to.
- Pass all Financial Control Authority (FCA) regulatory exams required shortly after employment commences
- Complete ad-hoc projects and duties as required
- Complete classroom based and e-learning training as instructed
- Be actively involved in university recruiting as required
- Operate at the highest standards of compliance.
- Understand and align to RBCs core culture and values.
- Proactively identify operational risks/ control deficiencies in the business.
- Review and comply with Firm Policies applicable to your business activities.
- Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions promptly. Failure to do so may subject you to disciplinary action, up to and including termination.
What do you need to succeed?
Must-have
- Educated to degree level or relevant experience
- Fluency in English
- Knowledge of the Global Markets environment
Nice-to-have
- Strong knowledge of Rates and Fixed Income products and markets
- Prior experience working with a Rates trading business in a front office role (Sales/Trading).
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 compensation
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- A world-class training program in financial services
- Flexible working options fully supported.
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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.
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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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 rbc.com/careers.