Analyst, Rates Sales, LDI

Royal Bank of Canada; Greater London; On-site; GBP 65,000 - 100,000; Full time

Benefits offered by this job

Bonus program

Flexible benefits

Competitive compensation

Job summary

Royal Bank of Canada in London is seeking an Analyst to support UK and EUR Liability-Driven Investment sales teams by executing client trades, generating ideas, and delivering market colour to the trading desk. You will build strong relationships with institutional insurers and become a product expert in insurance markets and LDI strategies.

You will collaborate with rate sales, LDI traders and cross-functional teams to drive momentum, manage complex hedging requirements, and contribute to

Qualifications

• Degree level qualification or equivalent experience.
• Notable experience in rates markets, LDI strategies, and fixed income derivatives.
• Strong client-facing skills, market knowledge, and sales acumen.
• Experience in trade execution, sales support, or similar client-driven roles is required.
• Excellent numerical and analytical skills, with good understanding of liability-driven investment strategies and insurance sector dynamics.
• Strong attention to detail, well-developed interpersonal skills and excellent communication skills.

Responsibilities

• Execute client flow trades across rates and LDI products, ensuring efficient and accurate trade execution while maintaining strong client service standards.
• Develop and present trade ideas to the trading desk, identifying opportunities that align with client needs and market conditions.
• Maintain and regularly update trader positioning axes to ensure accurate risk management and real-time market understanding.
• Provide real-time market colour and insights to the trading desk, keeping teams informed of client flows, market moves, and emerging opportunities across UK and EUR rates markets.
• Manage and develop relationships with institutional insurance company clients, understanding their investment objectives, liability profiles, and hedging strategies.
• Develop a deep understanding of insurance market dynamics, client needs, and the evolving regulatory and accounting landscape affecting LDI strategies.
• Produce market analysis and commentary that demonstrates sector expertise and supports the sales team's positioning to clients.
• Collaborate with the rate sales team, LDI traders, and cross-functional support functions to drive strategy and market positioning.

Skills

Rates markets

LDI strategies

Fixed income derivatives

Client facing

Sales acumen

Trade execution

Analytical skills

Education

Degree level qualification

Tools

Trading platforms

Market data systems

Job description

What is the opportunity?

RBC is seeking an Analyst to support the UK and EUR Liability-Driven Investment (LDI) sales teams by executing client flow trades, generating trade ideas, and providing market colour and insights to the trading desk. The incumbent will maintain and update trader positioning axes, manage and develop key client relationships, and become a product expert in insurance markets and LDI strategies. The role is integral to driving sales momentum and revenue growth across the LDI book, particularly in managing clients with complex hedging requirements and offsetting derivative strategies.

What will you do?

• Execute client flow trades across rates and LDI products, ensuring efficient and accurate trade execution while maintaining strong client service standards
• Develop and present trade ideas to the trading desk, identifying opportunities that align with client needs and market conditions
• Maintain and regularly update trader positioning axes to ensure accurate risk management and real-time market understanding
• Provide real-time market colour and insights to the trading desk, keeping teams informed of client flows, market moves, and emerging opportunities across UK and EUR rates markets
• Manage and develop relationships with institutional insurance company clients, understanding their investment objectives, liability profiles, and hedging strategies
• Develop a deep understanding of insurance market dynamics, client needs, and the evolving regulatory and accounting landscape affecting LDI strategies
• Produce market analysis and commentary that demonstrates sector expertise and supports the sales team's positioning to clients
• Collaborate with the rate sales team, LDI traders, and cross-functional support functions to drive strategy and market positioning

What do you need to succeed?

Must Have:

• Degree level qualification or equivalent experience
• Notable experience in rates markets, LDI strategies, and fixed income derivatives
• Strong client-facing skills, market knowledge, and sales acumen
• Experience in trade execution, sales support, or similar client-driven roles is required.
• Excellent numerical and analytical skills, with good understanding of liability-driven investment strategies and insurance sector dynamics
• Strong attention to detail, well-developed interpersonal skills and excellent communication skills

Nice to Have:

• Direct experience in LDI sales or trading
• Knowledge of insurance accounting standards and regulatory requirements affecting insurance companies
• Experience building client relationships and presenting solutions to institutional investors
• Familiarity with rates trading platforms, market data systems, and trading technology

What is 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, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team

Job Skills

• Adaptability
• Critical Thinking
• Customer Service
• Detail-Oriented
• Financial Engineering
• Financial Statement Analysis
• Investments Analysis
• Personal Development
• Personal Initiative
• Teamwork

Additional Job Details

• Address: 100 BISHOPSGATE
• City: London
• Country: United Kingdom
• Work hours/week: 35
• Employment Type: Full time
• Job Type: Regular
• Pay Type: Salaried
• Platform: CAPITAL MARKETS
• Posted Date: 2026-10-30
• Application Deadline: 2026-11-13 Note : Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Our Employment Opportunities

At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and