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

#LI-KA2

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:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-03-25

Application Deadline:

2026-04-08

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:

$115,000.00 - $165,000.00

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.