What are the responsibilities and job description for the Vice President, US Cross Asset Structured Sales position at RBC Capital Markets, LLC?
Job Description
What is the opportunity?
Vice President, US Cross Asset Structured Sales covering Wealth Management.
What will you do?
Sales of Cross Asset Structured Securities Notes and OTC derivatives to RBC Wealth Management (RBC WM) clients.
Cover and develop relationships with RBC Wealth Management home office and RBC WM advisors
Develop new business and onboard new advisors
Communicate daily with existing and potential clients to help manage desk flow and find new business
Travel to branches and conferences to educate and sell derivative hedging solutions including notes, hedging and monetization strategies, and interest rate hedging
Assist with ongoing projects, including pricing, calendar launches, product development, booking, trade reconciliation, and PNL reporting
Liaise with outside counsel for ongoing business and to help build out capabilities for future trades
Support automation efforts, new application projects, and interfacing with technology platforms
Help improve the processes for a more efficient platform and implement automations
Proactively identify operational risks and control deficiencies
Special projects as required
Proactively identify operational risks/ control deficiencies in the business
Review and comply with Standing Orders and 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 functionspromptly. Failure to do so may subject you to disciplinary action, up to and including termination
Escalate any issue to the relevant entities
What do you need to succeed?
Educated to a university degree level
Strong financial knowledge background
Well developed interpersonal skills
Numerically and analytically strong
Thorough knowledge of Equity, Commodity, FX, Rates derivatives products
Knowledge of anti-money laundering, KYC, KYD procedures
Licensing requirement: SIE, 7, 63
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 include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
* 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.
* Opportunities to do challenging work.
* Opportunities to build close relationships with clients.
The expected salary for this particular position is $225,000 depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC's discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
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 Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Personal Initiative, TeamworkAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
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.
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status or any other legally-protected factors.
Salary : $225,000