Job Description

What is the opportunity?

This role exists to provide competitive execution of fixed income trades and related support for RBC DS Investment Advisors. A successful fixed income trading associate will be respected for both trade execution skills and the ability to offer sound opinions and insights.

Execution includes: maintaining knowledge of the firm’s inventories, market prices and managing relationships with RBC CM traders. Support includes: product knowledge and education, advice pertaining to security selection, fixed income strategy and proactive service where possible.

This role supports a fixed income asset base of almost $200 billion, covering millions of transactions per year totaling about $150 billion in a wide range of domestic, US and international fixed income securities.

What will you do?

• Accept inbound calls and provide fast and efficient trade execution for the entire suite of Fixed Income products available at RBC.
• Negotiate with RBC Capital Markets (RBC CM) traders and other counterparties on the client’s behalf, utilizing knowledge of the products, current markets and trader’s inventories to secure product and pricing that is favourable to the client.
• Assist Investment Advisors (IAs) in selecting the most appropriate security for a given strategy and provide the IA with the necessary information to accurately explain the product or opportunity to their client.
• Oversight of product groups as assigned (eg. Corporate Bonds, Strips, F/X, GICs, Structured Notes), with responsibility for the robustness of product offerings, and quality of marketing and educational materials.
• Responsible for Foreign Exchange Trading activities. A strong understanding of Currency markets is required. Must be able to comprehend the dynamics of Currency trading and be able to discuss market outlook/strategy with Advisors.
• Generate quality and timely trade ideas and product highlights within the suite of Advisor-oriented publications (morning note, mid day note, direct email, conference calls, etc.)
• Collaborate with RBC CM and US Wealth Management, utilizing their capabilities to maximize our product offering and improve pricing to clients.
• Follow policies and procedures in order to contain costs and minimize risk to the firm or the possibility of errors.

What do you need to succeed?

Must Have

• Canadian Securities Course (CSC) & Conduct and Practices Handbook Course (CPH)
• Securities Trading experience required and strong understanding of the dynamics of a trading environment and the "Over the Counter" (OTC) fixed income market.
• Previous experience working with IAs or in a retail client setting preferred.
• Excellent writing and speaking skills.
• Excellent interpersonal skills, with particular aptitude in the art of negotiation and communication.
• Strong sense of judgement in balancing interests of IAs, clients, and RBC CM traders
• Strong attention to detail and high level of diligence.
• Proven and strong client service ethic.

Nice to Have

• Fixed Income and/or Currency Trading experience considered an asset.
• French & English considered an asset.

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
• A world-class training program in financial service

Job Skills

Bond Trading, Confidentiality, Customer Service, Detail-Oriented, Investment Banking, Investment Banking Analysis, Securities Laws, Standard Operating Procedure (SOP), Trade Client Reporting, Trade Processing

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-03-09

Application Deadline:

2026-03-23

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

Compensation for this position (including salary and discretionary/variable payments) will be determined by factors, including but not limited to candidate's experience, skills, registration status, performance, individual goals, market conditions, and business needs.

Pay Range

The expected pay range for this position is:

$67,000.00 - $110,000.00

The pay range provided is for the primary work location referenced in the Additional Job Details section of this job posting. Pay ranges may differ based on location. If the posting lists multiple job locations, a recruiter can confirm availability of the role and the relevant pay rage for the additional locations listed. RBC supports pay transparency and we strive to ensure all pay ranges are competitive, fair, and equitable.

You have the potential to earn RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided that business meets its performance targets and you meet your individual goals.

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.

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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.