At a Glance
- Tasks: Price and execute client flows in structured derivatives while collaborating on innovative products.
- Company: Join RBC, a leading global bank with a focus on inclusivity and growth.
- Benefits: Enjoy competitive pay, bonuses, flexible benefits, and world-class training.
- Other info: Be part of a high-performing team that values collaboration and innovation.
- Why this job: Make a real impact in a dynamic trading environment with top industry professionals.
- Qualifications: Strong quantitative skills and programming experience in VBA or Python required.
The predicted salary is between 36000 - 60000 £ per year.
What will you do?
- Price & execute client flows in structured derivatives & notes
- Work with sales and structuring to develop new products for clients
- Perform daily tasks required for the smooth functioning of the trading desk and actively contribute to desk projects
- Manage the life cycle of the trading books - trade events, re‑balancing risk, PNL reporting etc.
- Abide by the desk's local and global limits, policies, and regulatory responsibilities
- Proactively identify operational risks / 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 promptly
What do you need to succeed?
- A strong quantitative background, with a degree in Mathematics, Statistics, Economics, or other STEM degree.
- Programming skills eg VBA, Python
- Previous experience, a minimum of 6 months experience in derivatives (trading, sales, structuring, or related roles).
- Good knowledge of vanilla and structured interest rate markets and products
- The ability to work & make decisions in a high‑pressure work environment.
- Strong interpersonal skills to build relationships internally with business partners and externally with clients
- Excellent attention to detail
- The ability to work equally well independently and as part of a team
What is 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
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.
Analyst - Structured Rates Trading employer: RBC
RBC is an exceptional employer that fosters a dynamic and collaborative work environment, particularly for the Analyst - Structured Rates Trading role in London. With a strong focus on employee development through world-class training programs and supportive leadership, we offer competitive compensation and a comprehensive Total Rewards Program. Join us to make a meaningful impact while working alongside industry leaders in a progressive and high-performing team.
StudySmarter Expert Advice🤫
We think this is how you could land Analyst - Structured Rates Trading
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like RBC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Analyst - Structured Rates Trading
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to RBC.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on RBC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at RBC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with RBC.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at RBC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former RBC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
