Job Description

What is the opportunity?

In this role, you will be a member of the Funding and Liquidity (F&L) team working closely with other team members across our global platform to source and manage RBC’s liquidity risk. Specifically, you will work within the Global F&L team with a focus on Portfolio Management, actively monitoring risk including market, credit and liquidity. You will contribute to the profitable trading of the Global F&L books through idea generation, analytical and operational support to execute the Global Portfolio strategy.

The F&L team works closely with Capital Markets and Corporate Treasury to optimize funding sources, liquidity management and balance sheet structure.  The team trades a variety of fixed income products including high-quality bonds, swaps, loans, deposits and CP/CD issuance, among others. The F&L team has offices in Toronto, London, Luxembourg, Sydney, Singapore, Hong Kong and Tokyo

What will you do?

• Develop a deep understanding of how the F&L business operates both in North America and across the globe
• Manage credit, interest rate, and liquidity risks
• Assist in achievement of F&L revenue targets by providing support to the North American team
• Identify and execute profitable trade opportunities across the global platform
• Manage and drive the new issue process through our Cross Platform Collaboration model
• Contribute to regular market update, weekly economic and credit calls and issuer meetings
• Keep up to date and communicate market developments  with all F&L staff globally
• Develop and foster strong working relationships with traders and stakeholders within RBC (e.g. DCM, GRM, Product Control) in addition to external counterparties
• Keep the Directors and Managing Directors of F&L updated on issues relating to the business
• Advance the team’s technological ambitions through innovative ideas and implementation

What do you need to succeed?

Must-have

• Undergraduate Degree, and general knowledge and interest in Funding & Liquidity
• Strong analytical, problem solving, quantitative and IT skills
• General Capital Markets knowledge and interest
• Financial modeling and Fixed Income research skills
• Intellectually curious, self-starter and creative thinker
• Ability to excel in fast paced deadline oriented environment

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.

• Excellent exposure to communicate with various business partners and stakeholders across the RBC enterprise
• Gain hands on experience throughout your role
• Work in a fast paced environment within an exciting, close knit, supportive & dynamic group
• Opportunity to drive collaboration with other business segments within the bank
• Excellent career development and progression opportunities
• A comprehensive Total Rewards Program including bonuses and flexible benefits
• Competitive compensation