Trader - Fixed Income Services

Job Description

What is the opportunity? The Clearing & Custody Fixed Income Trader is a professional who seeks the best execution trading bonds for Financial Advisors (FA's) in an environment built on teamwork, service, responsibility, and integrity. This Trader would join a proactive team of risk traders who through execution and idea generation, drive productivity and deliver excellence to Clearing & Custody Financial Advisors.  What will you do?

• Trading and Execution : This Balance sheet trader will execute trades focusing on best execution while making every dollar count. Evaluate real time information related to financial markets and quickly and accurately assesses market risk in order to receive the best possible price. Access and manage risk within assigned limits for inventory books across multiple asset classes.
• Idea Generation : Develop and distribute ideas on current market conditions and communicate them in a creative and timely fashion to the FA's. Proactively create actionable ideas for FA's including : portfolio ladders, possible swap opportunities and new money opportunities. They will also build relationships with the Clearing & Custody (C&C) retail network by maintaining a high level of service.
• Business Development & Recruiting : Must be a team player willing to proactively pursue new trading relationships with C&C Firms and FA’s.
• Regulatory : Remain aware of changing compliance standards.Maintain proper and accurate records and ensure that all trades comply with regulations and policies.

What do you need to succeed? Must-have

Nice-to-have

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.

The good-faith expected salary range for the above position is $65,000 - $115,000, 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 :

Job Skills Bond Trading, Confidentiality, Customer Service, Detail-Oriented, Investment Banking Analysis, Securities Laws, Standard Operating Procedure (SOP), Trade Client Reporting, Volatility Analysis 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 : 2025-09-08

Application Deadline :

Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above I nclusion and Equal Opportunity Employment At 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.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.