High Yield Bond Trader - Toronto, Canada - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Summary

What is the Opportunity?

RBC Global Asset Management ("RBC GAM") is a North American-based asset manager with global scope and industry leading investment management capabilities.

RBC GAM manages approximately C$615 billion in assets worldwide on behalf of institutional and individual investors through mutual funds, pooled funds, hedge funds, segregated accounts, and specialty investment strategies.

What will you do?

Allocate, ticket, execute and confirm PM approved trades using best execution practices.
Help troubleshoot any trade issues.
Point person on portfolio trades, CDX and ETF's.
Gather and inform HY Team on new issue supply including book size, pricing, orders.
New security setup and troubleshooting.
Analyze primary and secondary market trade opportunities to add value.
Monitor market structure developments and technical's and inform on electronic trading, ETF impact, liquidity, algorithmic trading.
Provide insights into counterparties value added and trade cost analysis.
Assist team with relative value assessment.
Help maintain and build strong relationships with counterparties.
Monitor position weights are at target.
Adhere to and be informed regarding internal compliance and policy requirements.

What do you need to succeed?

Must Have:

Attention to detail and time management while working collaboratively in a fastpaced environment.
23 years of experience trading corporate bonds.
Excellent written and verbal communication skills.
Excellent computer skills
Proficient user of Bloomberg

Nice to Have:

CFA charter holder

-
Experience with High Yield Bonds
-
Knowledge of Charles River

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.
Ability to make a difference and lasting impact.
Work in a dynamic, collaborative, progressive, and highperforming team
Leaders who support your development through coaching and managing opportunities

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:

RBC CENTRE, 155

WELLINGTON ST W:

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:

Application Deadline:

Inclusion
and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth.

We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.

We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

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