The focus of STIR Trador-Vice President or Director is generating revenue. It identifies and exploits opportunities in the Fixed Income and Foreign Exchange Markets. The incumbent will use in-depth market research, creative strategy development, and disciplined risk management to enhance the Firm’s performance in trading.
This position is part of a diverse, inclusive, and collaborative environment which recognizes, values, and encourages diverse perspectives, innovation, and career development. Royal Bank of Canada has been a place that lives by all these values and upholds Canadian sentiments.
Additionally, a comprehensive mix of rewards and professional development support combined with involvement in the complex and impactful world of trading offers excellent opportunities for advancement. For more information you can read the post below.
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Employer Details
Company Name : Royal Bank of Canada
Location : Toronto, Ontario, Canada
Salary : $80000 – $120000 per year
Job Type : Full-Time
Start Date: As soon as possible
Benefits : Professional development support, collaboration with an elite performing team, Compensation that is competitive, performance-based bonus systems, flexible and comprehensive benefits package, coaching, mentoring and developing talent with supportive leaders, strong, dynamic and high-performing collaborative team environment, flexible work/life balance options, an inclusive and diverse workplace culture.
Job Description
- The focus of STIR Trador-Vice President or Director is generating revenue. It will identify and welcome any opportunities in the Fixed Income and Foreign Exchange Markets.
- Identify and take advantage of differential returns and arbitrage opportunities in fixed income and foreign exchange (FX) markets.
- Trade in and manage positions in bonds, repurchase (repo) agreements, money market instruments, interest rate derivatives, and FX instruments.
- Develop innovative funding and structured product solutions for clients.
- Establish and maintain relationships with new and existing clients through customized funding arrangements.
Responsibilities
- Find and capitalize on asymmetric return and arbitrage situations in both fixed income and Foreign Exchange markets.
- Execute trades and manage positions in bonds, repos, money markets, interest rate derivatives, and Foreign Exchange products.
- Utilize research on Global Interest Rate and Foreign Exchange trends to aid in Trade and Investment Decisions.
- Create and implement tailor-made financing/structural opportunities for clients.
- Develop new business and enhance the relationship with existing clients through innovative Financing Strategies.
- Actively manage Interest Rate, Foreign Exchange, Liquidity, and Balance Sheet Risk.
- Work with the global internal partners to enhance coverage on the client and the platform.
- Supply Market Intelligence and Trading Strategies and Performance Updates to Senior Management.
Requirements
- Demonstrated experience generating unique trading concepts for the fixed income and FX Markets.
- Understanding of the Global Fixed Income, Interest-Rate and FX Swaps, and trading of Foreign Exchange Swaps and Treasury Cash – Futures basis, is a must.
- Excellent quantitative and analytical skills, along with strong problem-solving skills.
- Excellent computer skills and analytical modelling abilities.
- Knowledge of the regulatory framework that governs both Fixed Income and FX Markets.
- Registration in CAD and/or USD is preferred. Earning a CFA or a Master’s degree is an advantage. Experience with Financing Structures, Collateral Optimization and Basel III will be a plus.
How to Apply ?
Those candidates who want to work with the company and make their career bright can apply for the post. They have to click the link which is given below and they will get an opportunity to apply for the company and work in it.