• Job Description

  Req#: R-0000120520

  Job Summary

  Job Description

  Job Description

  What is the opportunity?

  To trade and risk manage the GELPs books in Toronto.
  

  What will you do?

  Quantitative Objectives

  Trading

  • Maximizing the capture and retention of sales credit and client value
  • Timely pricing of sales requests
  • Minimize unexplained PnL
  • Keep PnL volatility under control
  • Minimize discrepancies between desk PnL and daily financial reporting figures
  • Consistent and frequent parameters update (volatility, dividends, correlation)
  • Maintain reserves under control

  Risk Management

  • Ensure books are within GRM and Desk appointed limits while anticipating any over-limits by requesting pre-approval from both Management and GRM
  • Recycle client business risks and do so internally when possible
  • Ensure optimization of barrier management PnL
  • Minimizing operational losses (due to trading actions)

  Qualitative Objectives

  Within GELP

  • Ensure engagement and participation in working groups as needed
  • Communication and workflow between sales and trading
  • Improve day to day trading (spreadsheets, processes)
  • Respect risk recycling GELP guidelines
  • Work with the Quant and Technology teams to improve set-up
  • Generate trade ideas for the Structuring team

  Support Functions

  • Highlight, escalate and resolve issues
  • Follow up with Operations if and when needed

  Control Functions

  • Cooperation with GRM, Valuation, Product Control, Operational Risk
  • Review and comply with Firm Policies applicable to your business activities (Volcker, restricted list, market rules, etc.)
  • Proactively identify operation risk/control deficiencies in the business
  • Escalate operational risk loss events, control deficiencies and risks that you identify to your line manager and the relevant risk and control functions on a timely basis

  What you need to succeed?

  • MBA or Undergraduate/Graduate degree in finance, economics, or mathematics and/or related trading
  • CSC, CPH, Traders Training; Registered Trader exam and applicable US registration exams
  • Solid understanding of equity markets, derivatives, fixed income, and structured products
  • Self-driven, able to cope with a high-pressure work environment
  • Good interpersonal skills
  • Strong team player
  • Integrity
  • Work Ethic
  • Strong written and oral communication skills

  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
  • Leaders who support your development through coaching and managing opportunities
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Opportunities to do challenging work
  • Flexible work/life balance options

  Job Skills

  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:

  CAPITAL MARKETS

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2025-04-04

  Application Deadline:

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

  Inclusion 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.

• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

Notice