Senior Analyst, Trade Support

RBC•New York, NY

1d•$65,000 - $105,000•Onsite

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. What you need to succeed? Required Skills: 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 have: 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 What's 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 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 The good-faith expected salary range for the above position is $65,000 - $105,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: Drives RBC’s high-performance culture Enables collective achievement of our strategic goals Generates sustainable shareholder returns and above market shareholder value #LI-KA2

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
Monitor real-time risk metrics and trading activity on the desk
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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