Royal Bank of Canada

Analyst, Trade Support

Royal Bank of Canada • $70K — $105K *
New York, NY 10025In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 5-7 years of experience in trade support or related fields.
  • Strong analytical skills and technical proficiency with data manipulation and Excel.
  • Excellent communication skills for effective client interaction.
  • Understanding of rates derivatives and comprehensive knowledge of trading processes.
  • Ability to multitask in a fast-paced environment under tight deadlines.
  • FINRA Registrations: SIE & Series 99 or Series 7/Series 63 (to be obtained within 90 days).

Responsibilities

  • Support automation of complex transactions involving Rates Derivative products.
  • Analyze macroeconomic drivers to inform trading strategy.
  • Monitor risk metrics and trading activities for better decision-making.
  • Serve as liaison between the Trading Desk and support functions.
  • Collaborate with Technology to enhance workflow efficiency and reduce friction in trade execution.
  • Work with seasoned traders to build practical expertise in trading activities.
  • Manage client relationships for timely communication and seamless transaction execution.

Benefits

  • Comprehensive Total Rewards Program including bonuses and flexible benefits.
  • Supportive leadership focused on your professional development.
  • Opportunity to make a meaningful impact in your role.
  • Dynamic and collaborative team environment.
  • Engaging work with opportunities for personal and professional growth.
Full Job Description
Job Description

What is the opportunity?
  • Support and build-out of the New York based Rates Market Making desk as a Rates Derivatives Trade Support Analyst.
  • Develop a deep understanding of macro financial markets to provide support to the Market Making Desk.
  • Strive to provide best-in-class trade execution to RBC's investment professionals.
  • Deliver the highest degree of white-glove service to clients


What will you do?
  • Day-to-day emphasis on the support and automation of complex transactions in the Rates Derivative product family (Swaptions, OIS, Caps, Floors, Bond Options, FRA), Futures hedging - where product proficiency is required to interpret economics, understand guidelines, and develop processes.
  • Strong grasp of macroeconomic drivers and trends affecting rates markets.
  • Monitor real-time risk metrics and trading activity on the desk; develop enhanced analytics and reporting to support traders' decision-making on position management, hedging strategies, and intraday risk exposure.
  • Serve as a point of contact between the Rates Market Making desk and support functions (Technology, Compliance, Product Control) to escalate desk-specific operational questions and support seamless execution of complex derivative strategies.
  • Collaborate with the Trading desk and Technology teams to identify opportunities to streamline market-making workflows, reduce friction in trade execution, and enhance desk efficiency through process refinement and automation.
  • Work alongside experienced traders on the Trading Desk to develop practical expertise.
  • Manage client relationships and serve as a reliable intermediary for accurate, timely communication with trading counterparties.
  • Utilize Bloomberg terminal, Murex & Markitwire to monitor positions, trade details, and communication with desk.


What you need to succeed?

Required Skills:
  • Exceptional attention to detail.
  • Ability to manage multiple tasks and deadlines in a fast-paced environment.
  • Driven attitude to help create efficiencies within current processes and lead projects.
  • Emphasis on strong communications ability.
  • Demonstrate strong analytical and technical skills, data manipulation, macros, excel based processes.
  • Ability to develop relationship cooperatively with all levels of the team.
  • FINRA Registrations: SIE & Series 99 and/or SIE & Series 7/Series 63 (to be completed within 90 days if absent).


Nice to have:
  • Extensive experience with Rates Derivative products and the resulting trade life-cycle processes - i.e. Option Exercise, Novations, Terminations, Clearing, etc.
  • Knowledge of Regulatory Requirements within derivative trading landscape - i.e. Dodd Frank, EMIR, MiFID II, PTMM, etc.
  • Technical Proficiency in financial systems and exchanges: Bloomberg Terminal, Murex, Markitwire, Rose, Sophis, Felix


What's in it for you?

  • 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
  • Opportunities to do challenging work
  • Opportunities to building close relationships with clients


The good-faith expected salary range for the above position is $70,000 - $105,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.

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


#LI-KA2

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

Additional Job Details

Address:

BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK

City:

New York

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-09-09

Application Deadline:

2026-11-01
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

About Royal Bank of Canada

Royal Bank of Canada Careers

Join the dynamic team at Royal Bank of Canada (RBC), a global leader in financial services and a company committed to excellence and innovation. At RBC, we offer a wide range of job opportunities that empower professionals to shape their career paths with leadership, diversity training, and continuous growth.

Work You’ll Do

At Royal Bank of Canada, we are not just hiring; we are building a culture of innovation and leadership. Our team members are at the forefront of the financial industry, driving transformation and delivering targeted solutions that meet the evolving needs of our clients and communities.

Explore Job Opportunities and Employment at RBC

Whether you are starting your career or looking to take it to the next level, RBC offers positions that challenge your skills and fuel your ambition. From entry-level positions to leadership roles, our job opportunities span across various functions and regions. Join us and be part of a team that values professional growth and diversity.

Internship and Professional Development

Kickstart your career with an internship at Royal Bank of Canada. Our internships provide invaluable hands-on experience, networking opportunities, and insights into the financial services industry. Interns at RBC gain the skills necessary to excel and are often considered for full-time positions within the company.

Benefits and Culture

At RBC, we prioritize the well-being and satisfaction of our employees. Our benefits package is designed to support our team members at every stage of their life and career. RBC’s culture is built on a foundation of respect, integrity, and responsibility, fostering an environment where everyone can thrive.

Career Growth and Innovation

We believe in nurturing the potential of our employees through continuous learning and career development programs. At RBC, you will find endless opportunities to grow professionally through on-the-job experiences, formal training programs, and leadership development initiatives. Our commitment to innovation means we are constantly seeking out new ideas and perspectives, making RBC a perfect place for those who aim to lead and innovate.

Diversity and Inclusion

Diversity is our strength. At Royal Bank of Canada, we are committed to building an inclusive workplace where every employee feels valued and respected. Our diversity training programs are designed to educate and inspire, creating a more inclusive and equitable workplace.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with RBC today and be part of a world-class team known for its commitment to client service, community involvement, and innovation.

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Learn more about Royal Bank of Canada
Size
86,007 employees
Market Cap
$130.3 billion
Industry
Finance & Insurance
5 Year Trend
+8.7%
NASDAQ
RY
* Ladders Estimates

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