Senior Analyst, Trade Support
About The Position
What is the opportunity? Support and build-out of the New York based Rates Market Making desk as a Rates Derivatives Trade Support Senior Analyst. Develop a deep understanding of macro financial markets to provide support to the Market Making Desk. Strive to provide best-in-class trade execution to RBC's investment professionals. Deliver the highest degree of white-glove service to clients What will you do? Day-to-day emphasis on the support and automation of complex transactions in the Rates Derivative product family (Swaptions, OIS, Caps, Floors, Bond Options, FRA), Futures hedging – where product proficiency is required to interpret economics, understand guidelines, and develop processes. Strong grasp of macroeconomic drivers and trends affecting rates markets. Monitor real-time risk metrics and trading activity on the desk; develop enhanced analytics and reporting to support traders' decision-making on position management, hedging strategies, and intraday risk exposure. Serve as a point of contact between the Rates Market Making desk and support functions (Technology, Compliance, Product Control) to escalate desk-specific operational questions and support seamless execution of complex derivative strategies. Collaborate with the Trading desk and Technology teams to identify opportunities to streamline market-making workflows, reduce friction in trade execution, and enhance desk efficiency through process refinement and automation. Work alongside experienced traders on the Trading Desk to develop practical expertise. Manage client relationships and serve as a reliable intermediary for accurate, timely communication with trading counterparties. Utilize Bloomberg terminal, Murex & Markitwire to monitor positions, trade details, and communication with desk.
Requirements
- Exceptional attention to detail.
- Ability to manage multiple tasks and deadlines in a fast-paced environment.
- Driven attitude to help create efficiencies within current processes and lead projects.
- Emphasis on strong communications ability.
- Demonstrate strong analytical and technical skills, data manipulation, macros, excel based processes.
- Ability to develop relationship cooperatively with all levels of the team.
- FINRA Registrations: SIE & Series 99 and/or SIE & Series 7/Series 63 (to be completed within 90 days if absent).
Nice To Haves
- Extensive experience with Rates Derivative products and the resulting trade life-cycle processes – i.e. Option Exercise, Novations, Terminations, Clearing, etc.
- Knowledge of Regulatory Requirements within derivative trading landscape – i.e. Dodd Frank, EMIR, MiFID II, PTMM, etc.
- Technical Proficiency in financial systems and exchanges: Bloomberg Terminal, Murex, Markitwire, Rose, Sophis, Felix
Responsibilities
- Support and automation of complex transactions in the Rates Derivative product family (Swaptions, OIS, Caps, Floors, Bond Options, FRA), Futures hedging
- Interpret economics, understand guidelines, and develop processes.
- Monitor real-time risk metrics and trading activity on the desk
- Develop enhanced analytics and reporting to support traders' decision-making on position management, hedging strategies, and intraday risk exposure.
- Serve as a point of contact between the Rates Market Making desk and support functions (Technology, Compliance, Product Control)
- Collaborate with the Trading desk and Technology teams to identify opportunities to streamline market-making workflows
- Manage client relationships and serve as a reliable intermediary for accurate, timely communication with trading counterparties.
- Utilize Bloomberg terminal, Murex & Markitwire to monitor positions, trade details, and communication with desk.
Benefits
- A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable
- 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 building close relationships with clients
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
