Rates Market Making: Trade Support Analyst

RBC; New York (NY); On-site; USD 70,000 - 105,000; Full time

Benefits offered by this job

Bonuses

Stock (where applicable)

401(k) with company matching

Health, dental, vision

Job summary

RBC is seeking a Rates Derivatives Trade Support Analyst based in New York to support the New York-based Rates Market Making desk. You will develop a deep understanding of macro markets to assist the desk, delivering best-in-class trade execution and white-glove service to clients.

You will work on complex rate derivatives (Swaptions, OIS, Caps/Floors, Bond Options, FRA), monitor real-time risk, and collaborate with Technology, Compliance and Product Control to streamline workflows and automate

Qualifications

• High attention to detail and accuracy essential.
• Ability to manage multiple tasks and deadlines in a fast-paced environment.
• Strong communication and collaboration across desks and support functions.
• Demonstrated analytical skills and ability to manipulate data and create dashboards.
• Familiarity with Excel macros and workflow automation.
• Proven ability to build relationships across teams and levels.
• FINRA registrations: SIE & Series 99 and/or SIE & Series 7/Series 63 (to be completed within 90 days if absent).

Responsibilities

• Support and automate complex Transactions in Rates Derivative product family.
• Monitor real-time risk metrics and trading activity to aid position management and hedging.
• Serve as liaison between Rates Market Making desk and Technology, Compliance, and Product Control.
• Collaborate with Trading and Tech to streamline workflows and automate processes.
• Learn from experienced traders and develop practical expertise on the Trading Desk.
• Manage client relationships and communicate with trading counterparties.

Skills

Attention to detail

Multi-tasking

Communication

Analytical skills

Data manipulation

Excel Macros

Relationship building

SIE & Series 99/7/63

Tools

Bloomberg Terminal

Murex

Markitwire

Rose

Sophis

Felix

Job description

RBC is seeking a Rates Derivatives Trade Support Analyst based in New York to support the New York-based Rates Market Making desk. You will develop a deep understanding of macro markets to assist the desk, delivering best-in-class trade execution and white-glove service to clients.

You will work on complex rate derivatives (Swaptions, OIS, Caps/Floors, Bond Options, FRA), monitor real-time risk, and collaborate with Technology, Compliance and Product Control to streamline workflows and automate