Director, Rates Trader Fixed Income

Job Description

What is the opportunity?

As the Director, Rates Trader Fixed Income, you will be responsible for providing liquidity in rates to Asian clients and manage risk.

What will you do?

• Make markets and manage resultant risk in Rates products during Asian hours in their respective global books, maximizing monetization of client flows and P&L for FRT trading books.
• Liaise closely with London, NY, and Toronto based Rates traders on all matters from flows, risk, pricing, liquidity, axes, issues etc.
• Develop Rates franchise and client relationships in Asia Pacific through working with sales staff, client interaction, marketing trips and trade idea generation.
• Managing and mentoring junior traders, helping them to grow with our franchise.
• Establish good relationships with counterparties and keep management abreast of any significant market trends and developments.
• Maximize and optimize internally generated flow.
• Contribute to Europe and North American Rates books annual budget revenue targets. The following responsibilities apply to you in your role as a Front Office Trader.
• Proactively identify operational risks/control deficiencies in the business
• Review and comply with Firm Policies applicable to your business activities
• 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.
• Identify, assist and manage operational risks/control deficiencies in the business.
• Work to prevent, to detect, and to eliminate the potential for risk and liability to the Firm.

What do you need to succeed?

Must-have

• Degree or equivalent is required.
• The role would typically require 10+ years of relevant experience.
• Trader with 2 years or more of relevant experience and a strong background in pricing and risk managing G10 interest rates products.
• Ambition and drive are essential to grow the business, and communication at all levels is a key requirement.
• Strong written and oral communication skills.
• Accountable for locally managing global overnight Rates risk and P&L.
• Team player, self-motivated and strong interpersonal skills.
• Singapore Regulatory papers.
• US and Canadian Licenses.

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, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• A world-class training program in financial services.

Agency Notice

RBC Group does not accept agency resumés.  Please do not forward resumés to our employees, nor any other company location.  RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.

Job Skills

Capital Markets, Derivatives, Fixed Income Investments, Investments, Money Markets, Risk Management

Additional Job Details

Address:

8 MARINA VIEW, #26-01 ASIA SQUARE TOWER 1:SINGAPORE

City:

Singapore

Country:

Singapore

Work hours/week:

Employment Type:

Full time

Platform:

CAPITAL MARKETS

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

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.

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