Vice President, Derivatives Structuring, RBC Capital Markets, LLC, New York, NY:

Royal Bank of Canada•New York, NY

1d•$225,000

About The Position

Vice President, Derivatives Structuring, RBC Capital Markets, LLC, New York, NY: Responsible for providing structuring expertise and support to local sales and trading. Assisting with building the infrastructure required to offer and risk manage new products. Champion automation efforts for North American sales. Support Sales with the development of products, structuring ideas and making the link with GE structuring desks in other locations. Preparing marketing materials and analysis of Structured Products. Ensuring price requests for non-flow structures are dealt with timely and assisting traders with complex structures, as allocated by manager. Liaising with the Structuring Team to ensure prices are checked when needed. Contributing to platform development projects related to service improvement and product development. Designing reports, such as factsheets, performance reports and similar. Assisting BT/RAD in automating. Product innovation and bespoke solutions. Supporting Canada Equity Derivatives Structured product sales teams in provision of relevant trade ideas. Drafting content for marketing material and drafting complex term sheets. Working with the global team on various product offering projects. Proactively identifying operational risks/ control deficiencies in the business. Reviewing and complying with Firm Policies applicable to business activities. Escalating operational risk loss events, control deficiencies and risks and the relevant risk and control functions promptly. #LI-DNI Full time employment, Monday – Friday, 40 hours per week, $225,000 per year.

Requirements

Must have a Bachelor’s degree in Mathematics, Applied Mathematics, Financial Engineering, Finance, Operations Research, or a related field and 5 years of progressive, post-baccalaureate work experience.
Must have 5 years of experience in: Designing, pricing, and structuring of financial products based on underlying equity assets.
Institutional and retail clients’ needs for structured products.
Building marketing material to support the created structured products.
Equity derivatives structured product sales processes and supporting infrastructure.
Equity derivatives structured product capabilities and product framework.
Statistics and probability (derivatives pricing, games theory, regression and stochastic calculus), numerical and times series analysis.
QIS products and in designing, researching and testing them.
Creating relevant strategies with a quantitative investment strategies team.
Third party distribution platforms and mapping of structured products in their environment.
Legal and compliance constraints in equity derivatives solutions.
Programming and coding using Python and VBA, maintaining tools to conduct simulated results and historical analyses.
International travel required up to 20%.
Domestic travel required up to 20%.

Responsibilities

Providing structuring expertise and support to local sales and trading.
Assisting with building the infrastructure required to offer and risk manage new products.
Champion automation efforts for North American sales.
Support Sales with the development of products, structuring ideas and making the link with GE structuring desks in other locations.
Preparing marketing materials and analysis of Structured Products.
Ensuring price requests for non-flow structures are dealt with timely and assisting traders with complex structures, as allocated by manager.
Liaising with the Structuring Team to ensure prices are checked when needed.
Contributing to platform development projects related to service improvement and product development.
Designing reports, such as factsheets, performance reports and similar.
Assisting BT/RAD in automating.
Product innovation and bespoke solutions.
Supporting Canada Equity Derivatives Structured product sales teams in provision of relevant trade ideas.
Drafting content for marketing material and drafting complex term sheets.
Working with the global team on various product offering projects.
Proactively identifying operational risks/ control deficiencies in the business.
Reviewing and complying with Firm Policies applicable to business activities.
Escalating operational risk loss events, control deficiencies and risks and the relevant risk and control functions promptly.