Director Equity Derivatives Sales

What is the opportunity?

• Coverage of liquid products to US-based institutional clients, in particular ETF clients
• Accountable to bring new mature client relationships and convert existing client base
• Expand ability of desk to cover more clients and expand market share
• Team up with Cash Sales to monetize the client franchise further

What will you do?

• Cover clients for listed and OTC options, light exotics and delta 1 swaps.
• Engage with and liaise with key partners of Global Equities, Commodities, Rates, FX, Macro, Credit
• Provide desk ideas, client coverage focus and expand market share
• Onboard new clients
• Book trades and suggest initiatives for automation and improvement
• Work closely with Sales, Trading, Functional partners to align our products with client demand
• Develop, foster and manage a strong working partnership across Global Markets Sales & Trading teams to drive alignment and synergies
• Proactively identify credit and 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.

What do you need to succeed?

• Job requires experience in the financial markets and equity business.
• Equity derivatives sales and trading requires a level of technical skills to understand first and second order effects of stock prices upon options.
• Order management systems and client coverage booking
• Well-developed interpersonal skills
• Proficient in Microsoft Office tools
• Series 3, 7, 57 and 63

AUTHORITIES, IMPACT, RISK

• Position is authorized to act in accordance with e rules and regulations of the industry and RBC to deliver Global Equities suite of products to clients
• Impact of delivery will be measured based on Client Value generated and relationships created

KEY RELATIONSHIPS

• Clients
• GE Delta One Trading, Flow Trading, Program Trading
• Broader GE Sales and Trading
• Cash Equity franchise

WORKING CONDITIONS

• The work environment is based on a trading floor, thus little physical effort is required.
• The office environment can be a high stress environment that requires quick turnaround and decision making.

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

• The good-faith expected salary range for the above position is $250,000 - $300,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does 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.

Job Skills

Additional Job Details

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.