RBC Capital Markets, LLC
Senior Advisory Fixed Income Trader
RBC Capital Markets, LLC, Minneapolis, Minnesota, United States, 55400
Overview
The Senior Advisory Fixed Income Trader is a professional who seeks best execution in the trading of Fixed Income products for Financial Advisors (FA) who transact in fee-based accounts. This trader would join a proactive team who, through education and idea generation, drive productivity and deliver excellence in pricing, product and service to our FAs with focus on their clients' best interest. Responsibilities
Execute fixed income trades with focus on best execution on every trade, making every dollar count.
Facilitate agency trades in a timely manner.
Provide price guidance and point out security specific issues that FA should be aware of before executing (e.g. de minimis, calls/puts/sinkers, etc.)
Develop and maintain intimate awareness of market and relative value in sectors in order to assess appropriateness of pricing.
Identify replacement ideas if pricing is off market or bonds trade away.
Proactively provide FAs with sector specific offerings, ladders, swaps, and other actionable ideas.
Respond quickly and precisely to inquiry from individual FAs with specific offerings or broader portfolio reviews.
Share ideas and work collaboratively with Strategies, Business Development, and position trading desks to assure cohesiveness of message and keep all desks on the same page.
Leverage street contacts to maximize opportunity and identify value.
What do you need to succeed?
Must-have Bachelor's Degree, or the ability to demonstrate experience or academic achievement in related fields such as Economics, Finance, or Mathematics, or equivalent work experience
5+ years in Fixed Income and Trading experience
Demonstrated knowledge of fixed income markets, economics, marketing strategies, municipal sector, and other fixed income instruments
Proficient with Bloomberg and other investment software packages
Series 7 & 66 or 63 licenses, or ability to acquire within 90 days
Nice-to-have 10+ years of trading experience
Prior experience in structured investment and mortgage products
Proficiency with the Tradeweb platform
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
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater opportunities
Access to a variety of job opportunities across business
The good-faith expected salary range for the above position is $65,000 - $115,000, depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: -
Drives RBC's high performance culture -
Enables collective achievement of our strategic goals -
Generates sustainable shareholder returns and above market shareholder value 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:
2025-09-09
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.
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The Senior Advisory Fixed Income Trader is a professional who seeks best execution in the trading of Fixed Income products for Financial Advisors (FA) who transact in fee-based accounts. This trader would join a proactive team who, through education and idea generation, drive productivity and deliver excellence in pricing, product and service to our FAs with focus on their clients' best interest. Responsibilities
Execute fixed income trades with focus on best execution on every trade, making every dollar count.
Facilitate agency trades in a timely manner.
Provide price guidance and point out security specific issues that FA should be aware of before executing (e.g. de minimis, calls/puts/sinkers, etc.)
Develop and maintain intimate awareness of market and relative value in sectors in order to assess appropriateness of pricing.
Identify replacement ideas if pricing is off market or bonds trade away.
Proactively provide FAs with sector specific offerings, ladders, swaps, and other actionable ideas.
Respond quickly and precisely to inquiry from individual FAs with specific offerings or broader portfolio reviews.
Share ideas and work collaboratively with Strategies, Business Development, and position trading desks to assure cohesiveness of message and keep all desks on the same page.
Leverage street contacts to maximize opportunity and identify value.
What do you need to succeed?
Must-have Bachelor's Degree, or the ability to demonstrate experience or academic achievement in related fields such as Economics, Finance, or Mathematics, or equivalent work experience
5+ years in Fixed Income and Trading experience
Demonstrated knowledge of fixed income markets, economics, marketing strategies, municipal sector, and other fixed income instruments
Proficient with Bloomberg and other investment software packages
Series 7 & 66 or 63 licenses, or ability to acquire within 90 days
Nice-to-have 10+ years of trading experience
Prior experience in structured investment and mortgage products
Proficiency with the Tradeweb platform
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
Flexible work/life balance options
Opportunities to do challenging work
Opportunities to take on progressively greater opportunities
Access to a variety of job opportunities across business
The good-faith expected salary range for the above position is $65,000 - $115,000, depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan. RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: -
Drives RBC's high performance culture -
Enables collective achievement of our strategic goals -
Generates sustainable shareholder returns and above market shareholder value 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:
2025-09-09
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.
#J-18808-Ljbffr