Associate, 24 Hour Futures Desk (Asia Shift)

RBC•Chicago, IL

1d•$165,000 - $200,000•Onsite

About The Position

This opportunity is for a Futures Trader on RBC’s 24-hour desk, working the Asia Shift. The role involves developing and maintaining futures sales, execution, and clearing relationships for RBC Capital Markets. You will also assist with support for Trading Systems and collaborate with internal divisions like GELP, FICC, and FX to bring Futures execution flow to the 24-hour Desk. Additionally, you will support salespeople with execution and other issues, market Fixed Income, Commodity, and Index Futures to clients, and grow the client base through referrals and existing relationships. The position requires producing and distributing real-time market commentary, advising futures clients, soliciting orders, and generating income in line with department goals while minimizing trade execution risk and documenting any trading errors.

Requirements

Proven accurate trade execution track record for US FCM and/or Investment Bank working on a 24-hr desk executing futures and options transactions in worldwide markets.
In depth knowledge of futures electronic execution systems and of CFTC, SEC and Exchange Rules and Regulations for trade execution including audit trail, order entry rules and sales supervision rules and regulations.
Highly motivated and energetic self-starter who works well with teams.
Series 3 required
Strong written and oral communication skills required
Bachelor’s degree or equivalent experience required
Extensive knowledge and understanding of all Global Futures markets to aid in best execution.

Nice To Haves

Bond Trading
Market Risk
Options Analysis
Systems Applications
Trade Client Reporting

Responsibilities

Develop and maintain futures sales, execution and clearing relationships for RBC Capital Markets
Assist with support side on Trading Systems
Collaborate with internal divisions (GELP, FICC and FX to help bring Futures execution flow to the 24-hour Desk along with backing salespeople on execution and other issues.
Market Fixed income, Commodity and Index Futures Clients
Grow and maintain client base from sales referrals and existing relationships
Produce and distribute real time market commentary
Advise futures clients and solicit orders
Generate 24 hour desk futures execution income in line with department goals
Minimize trade execution risk
Notify manager of, resolve and document all trading errors