Junior Trader - Fixed Income Business Development
RBC Capital Markets, LLC, Minneapolis, MN, United States
Job Description
What is the opportunity?
Do you have a passion for fixed income, and helping Financial Advisors (FAs) construct fixed income portfolios for the benefit of clients? As a member of the Fixed Income Business Development team, you will contribute to the success of our clients' portfolios. In this role, responsibilities include marketing fixed income securities to the wealth management FAs through electronic communication, in-person visits to branches, webinars and phone calls. This team educates the sales force on the current market environment and timely product ideas and strategies.
What will you do?
Idea Generation:
Produce taxable and tax-exempt trade ideas, bond ladders, and swap opportunities based on current market conditions and communicate them to the FAs. Develop and distribute marketing and educational materials for fixed income securities. Facilitate account reviews to help FAs generate ideas for client portfolios.
Training and Education:
Visit branch offices in-person and virtually to educate FAs on fixed income products and capabilities through presentations and one-on-one meetings. Communicate opportunities for FAs to utilize the team and tools to recruit fixed income clients and assets. Initiate input and review of assets held away to provide clients and FAs with a holistic view of their portfolio.
Collaboration:
Work with team members, trading desks and Fixed Income Strategies to obtain market insight, develop trade ideas and cross-product opportunities. Partner with trading desks and Fixed Income Strategies to deliver a cohesive message on fixed income opportunities to FAs. Be a team player, share knowledge, and support daily business needs including special projects.
What do you need to succeed? Must-have
Bachelor's degree in Economics, Finance, Business, or a related field
2+ years of experience in financial services
Strong ability to persuade, motivate and market product through e-mail, voice, and in-person
Robust organizational and time management skills and ability to multi-task and work independently in a dynamic client-oriented environment
Excellent communication and presentation skills, both verbal and written
Nice-to-have
Experience working in fixed income, trading, sales, or strategies
FINRA Series 7 and 52 licenses, and if necessary, 63 license, or willingness to acquire licenses within 3 months
What's in it for you?
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 opportunities
Ability to make a difference and lasting impact
Dynamic, collaborative, progressive, and high-performing team
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
Access to a variety of job opportunities across the business
Up to 20% travel
The expected salary range for this position is $50,000-$85,000, depending on experience, skills, registration status, market conditions and business needs.
You have the potential to earn more through RBC's discretionary variable compensation program which may increase total compensation if business targets are met and individual goals are achieved.
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:
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:
2025-12-04
Application Deadline:
See posting details
Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace with diverse perspectives is core to our growth and success. We strive to create a respectful environment that supports performance, collaboration, and professional growth for all employees.
#J-18808-Ljbffr
Do you have a passion for fixed income, and helping Financial Advisors (FAs) construct fixed income portfolios for the benefit of clients? As a member of the Fixed Income Business Development team, you will contribute to the success of our clients' portfolios. In this role, responsibilities include marketing fixed income securities to the wealth management FAs through electronic communication, in-person visits to branches, webinars and phone calls. This team educates the sales force on the current market environment and timely product ideas and strategies.
What will you do?
Idea Generation:
Produce taxable and tax-exempt trade ideas, bond ladders, and swap opportunities based on current market conditions and communicate them to the FAs. Develop and distribute marketing and educational materials for fixed income securities. Facilitate account reviews to help FAs generate ideas for client portfolios.
Training and Education:
Visit branch offices in-person and virtually to educate FAs on fixed income products and capabilities through presentations and one-on-one meetings. Communicate opportunities for FAs to utilize the team and tools to recruit fixed income clients and assets. Initiate input and review of assets held away to provide clients and FAs with a holistic view of their portfolio.
Collaboration:
Work with team members, trading desks and Fixed Income Strategies to obtain market insight, develop trade ideas and cross-product opportunities. Partner with trading desks and Fixed Income Strategies to deliver a cohesive message on fixed income opportunities to FAs. Be a team player, share knowledge, and support daily business needs including special projects.
What do you need to succeed? Must-have
Bachelor's degree in Economics, Finance, Business, or a related field
2+ years of experience in financial services
Strong ability to persuade, motivate and market product through e-mail, voice, and in-person
Robust organizational and time management skills and ability to multi-task and work independently in a dynamic client-oriented environment
Excellent communication and presentation skills, both verbal and written
Nice-to-have
Experience working in fixed income, trading, sales, or strategies
FINRA Series 7 and 52 licenses, and if necessary, 63 license, or willingness to acquire licenses within 3 months
What's in it for you?
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 opportunities
Ability to make a difference and lasting impact
Dynamic, collaborative, progressive, and high-performing team
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater accountabilities
Access to a variety of job opportunities across the business
Up to 20% travel
The expected salary range for this position is $50,000-$85,000, depending on experience, skills, registration status, market conditions and business needs.
You have the potential to earn more through RBC's discretionary variable compensation program which may increase total compensation if business targets are met and individual goals are achieved.
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:
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:
2025-12-04
Application Deadline:
See posting details
Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace with diverse perspectives is core to our growth and success. We strive to create a respectful environment that supports performance, collaboration, and professional growth for all employees.
#J-18808-Ljbffr