Team Leader - Fixed Income P&S

RBC; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Team Lead for their Fixed Income team. The role includes driving operational efficiency, ensuring transaction accuracy, and developing team capabilities. Candidates should possess strong knowledge of Fixed Income products, excellent analytical skills, and the ability to work independently. Join a dynamic team that values growth and offers a comprehensive rewards program.

Benefits

Comprehensive Total Rewards Program

Leadership support through coaching

Flexible work/life balance options

Qualifications

• Strong knowledge of Fixed Income products.
• Ability to work independently and solve problems.
• Excellent analytical, organizational, and prioritization skills.

Responsibilities

• Drive operational efficiency and risk reduction.
• Ensure all assigned transactions are settled accurately.
• Support team members' professional development.

Skills

Communication

Critical Thinking

Customer Service

Operational Delivery

Time Management

Education

Post-secondary education or equivalent experience

Tools

Impact

BPS

BON

FICC

E-Web

Microsoft Office

Job description

Job Description

Team Lead in our Fixed Income team, you will drive operational efficiency and risk reduction across daily operations. You will ensure all assigned transactions are settled and processed accurately, support senior management with strategic projects, and contribute to the professional development of your team members.

What is the opportunity?

As Team Lead, you will serve as a figurehead, driving efficiency and risk reduction. Your operational responsibilities include settling or processing all assigned transactions on a daily basis, and you will guide a team of Analysts toward established departmental goals.

• Help reduce operational risk and drive efficiency in our day-to-day operations as a figurehead of our team
• Ensure all transactions are settled or processed on a daily basis in a timely and accurate manner
• Assist in leading a team of Analysts to meet departmental goals and support senior management with projects and team development

What will you do?

• Work in a team environment that fosters a learning culture
• Possess in-depth knowledge of the products and services within the department and act as the primary referral point for employees
• Provide specific assistance and feedback to fellow employees, both positive and constructive, for development purposes
• Aid in managing volumes and organizing workflow of the team
• Remain up to date on a number of desks to back‑fill throughout the year
• Work independently on assigned tasks within the team
• Possess strong knowledge of various products and systems required for daily responsibilities
• Ensure adherence to policies, procedures, standards, and guidelines, and maintain processes and controls to minimize operational risk

AUTHORITIES, IMPACT, RISK

• Discretionary decision making on settlement location; all other details are provided from FO
• Disclose trade details, confirmations, and settlement location to relevant parties
• Advise relevant parties of any discrepancies found regarding their trades or reconciliations
• Other Team Leads, department staff, and ad‑hoc issue resolution
• Support clients such as Capital Markets, Correspondent Services, IAO, GAT in ensuring trades are pre‑matched and avoid settlement issues
• Maintain daily tasks and ensure systems are operational for day‑to‑day work, assisting the Manager and Fed Income Purchase and Sales as needed

KEY RELATIONSHIPS

• Associate Director, Manager, and other Team Leads to ensure day‑to‑day tasks are completed
• Clients in Capital Markets, Correspondent Services, IAO, GAT for pre‑matched trades and settlement readiness
• Financial Institutions and Brokers to pre‑match trades and avoid settlement issues
• Third‑Party Service Providers to ensure systems perform day‑to‑day tasks

What you need to succeed?

• Post‑secondary education or equivalent experience
• Strong knowledge of internal trading, accounting, and settlement systems such as Impact, BPS, BONY, FICC, E‑Web, etc.
• Strong knowledge of Fixed Income products
• Ability to work independently and solve problems using knowledge and experience
• Excellent analytical, professionalism, organizational, and prioritization skills
• Strong computer skills and experience with Microsoft Office products
• Ability to create VBA/Macros is an asset

What’s in it for you?

We thrive on the challenge to be our best, progress, and deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reach our potential, and make a difference that benefits our communities.

• A comprehensive Total Rewards Program including bonuses, flexible benefits, and competitive compensation
• Leadership support through coaching and development opportunities
• A dynamic, collaborative, progressive, and high‑performing team environment
• Opportunities to work on challenging projects
• Flexible work/life balance options

Job Skills

Communication, Critical Thinking, Customer Service, Interpersonal Relationship Management, Operational Delivery, Process Improvements, Time Management

Additional Job Details

Address: RBC CENTRE, 155 WELLINGTON ST W: TORONTO

City: Toronto

Country: Canada

Work hours/week: 37.5

Employment Type: Full time

Platform: CAPITAL MARKETS

Job Type: Regular

Pay Type: Salaried

Posted Date: 2025-11-21

Application Deadline: 2025-12-08

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Equal Opportunity Employment

At RBC, we believe an inclusive workplace that reflects diverse perspectives is core to our continued growth. We strive to deliver a workplace based on respect, belonging, and opportunity for all.