Sr. Manager - Fixed Income Trade Support

RBC; Minneapolis (MN); On-site; USD 90,000 - 160,000; Full time

Benefits offered by this job

Total rewards program

Flexible benefits

Stock where applicable

Coaching and development

Flexible work/life balance

Challenging work

Greater accountabilities

Cross-business opportunities

Job summary

RBC in Minneapolis seeks a Senior Manager of Fixed Income Trade Support (FITS) to lead the FITS team, drive service quality, reduce risk, and ensure adherence to regulatory requirements in a dynamic trading environment.

You will partner with the Director of Trade Support and senior stakeholders to align capabilities with evolving business needs, oversee complex workflows, and mentor a high-performing team through change and growth.

Qualifications

• 4-year degree or equivalent OR HS diploma with 5+ years of securities, banking, technology and/or job-specific industry experience
• 7-10 years prior securities, banking, technology industry and/or job-specific related experience
• Securities license 7 and 99 (or able to obtain license within 120 days)
• 5+ years demonstrated and sound managerial experience leading and managing a team
• Strong understanding of fixed income trading and regulatory reporting processes/requirements
• Excellent communication skills – both written and verbal

Responsibilities

• Lead and manage the department to ensure overall performance meets or exceeds the established industry and company standards for service, innovation, and professionalism
• Apply in-depth understanding of how Fixed Income Trade Support business processes support trading activities to drive work on continuous improvement efforts relating to reducing risk and increased efficiency
• Ensure department procedures, process maps, reference materials and system guides are accurate and up-to date, and all team members are aware of any new system functionality changes and document modifications
• Keep abreast of industry regulations, trends, and technologies
• Manage and oversee team members in the effective and accurate performance of the functions within the department to provide consistent, quality service and minimize risk.
• Provide training, coaching, recognition, and development for the department members, fostering teamwork and planning for succession
• Manage escalated scenarios to closure
• Execute oversight activities for complex exception-based and/or highly specialized department deliverables and processes to ensure controls are effectively managing work quality, mitigating risk, and aligned to regulatory adherence

Skills

Leadership

Fixed Income

Regulatory reporting

Process improvement

Team management

Communication

Change management

MS Office

Education

Bachelor's degree

HS diploma with 5+ years experience

Securities license 7 & 99

Tools

MS Office

Job description

What is the opportunity?

The Sr. Manager of Fixed Income Trade Support (FITS) provides leadership and overall direction to the FITS team and represents FITS on various cross functional firm initiatives. The incumbent is responsible for managing the team, including on-going change within the team to ensure continuity and quality of service delivery. Additionally, the incumbent is responsible for managing the ongoing balance of advocating for efficient process design AND excellent service delivery for new support requests. The Sr. Manager also works closely with the Director of Trade Support and other senior business partners to ensure that FITS’s capabilities appropriately align to the ongoing and changing needs of the firm.

Job Description

What is the opportunity?

The Sr. Manager of Fixed Income Trade Support (FITS) provides leadership and overall direction to the FITS team and represents FITS on various cross functional firm initiatives. The incumbent is responsible for managing the team, including on-going change within the team to ensure continuity and quality of service delivery. Additionally, the incumbent is responsible for managing the ongoing balance of advocating for efficient process design AND excellent service delivery for new support requests. The Sr. Manager also works closely with the Director of Trade Support and other senior business partners to ensure that FITS’s capabilities appropriately align to the ongoing and changing needs of the firm.

What will you do?

• Lead and manage the department to ensure overall performance meets or exceeds the established industry and company standards for service, innovation, and professionalism
• Apply in-depth understanding of how Fixed Income Trade Support business processes support trading activities to drive work on continuous improvement efforts relating to reducing risk and increased efficiency
• Ensure department procedures, process maps, reference materials and system guides are accurate and up-to date, and all team members are aware of any new system functionality changes and document modifications
• Keep abreast of industry regulations, trends, and technologies
• Manage and oversee team members in the effective and accurate performance of the functions within the department to provide consistent, quality service and minimize risk.
• Provide training, coaching, recognition, and development for the department members, fostering teamwork and planning for succession
• Manage escalated scenarios to closure
• Execute oversight activities for complex exception-based and/or highly specialized department deliverables and processes to ensure controls are effectively managing work quality, mitigating risk, and aligned to regulatory adherence

What do you need to succeed?

Must-have

• 4-year degree from an accredited university or equivalent OR High school diploma or equivalent AND 5+ years of securities, banking, technology and/or job specific industry experience
• 7-10 years prior securities, banking, technology industry and/or job specific related experience
• Securities license 7 and 99 (or able to obtain license within 120 days)
• 5+ years demonstrated and sound managerial experience leading and managing a team
• Strong understanding of fixed income trading and regulatory reporting processes/requirements
• Ability to work toward solutions within a complex operating environment
• Excellent communication skills – both written and verbal

Nice-to-have

• Ability to work effectively in situations involving rapid change, shifting priorities, and/or simultaneous demands
• Advanced problem identification, analytical and resolution skills required to support escalated issue resolution and/or oversight requirements associated with exception-based complex processes
• Proven change leadership and change management skills
• Fully proficient with MS Office (Word, Excel, PowerPoint, and Outlook)

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
• Flexible work/life balance options
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities
• Access to a variety of job opportunities across business

The good-faith expected salary range for the above position is $90,000 - $160, 000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. 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

Job Skills

Adaptability, Analytical Thinking, Communication, Conflict Resolution Strategy, Continual Improvement Process, Crisis Management, Decision Making, Delegating Tasks, Fixed Income Investments, Group Problem Solving, Interpersonal Relationship Management, Long Term Planning, Operational Delivery, People Management, Process Improvements, Professional Etiquette, Time Management

Additional Job Details

Address

250 NICOLLET MALL:MINNEAPOLIS

City

Minneapolis

Country

United States of America

Work hours/week

40

Employment Type

Full time

Platform

WEALTH MANAGEMENT

Job Type

Regular

Pay Type

Salaried

Posted Date

2026-06-17

Application Deadline

2026-09-03

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 grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.