Job Summary Job Description What is the Opportunity? The Advisory Fixed Income Trader is a professional who seeks best execution in the trading of Fixed Income products for Financial Advisors who transact in fee-based accounts. This trader would join a proactive team who, through education and idea generation, drive productivity and deliver excellence in pricing, product and service to our FA's with focus on their clients' best interest. What will you do? Trading and execution: Execute fixed income trades with focus on best execution on every trade, making every dollar count Facilitate agency trades in a timely manner Provide price guidance and point out security specific issues that FA should be aware of before executing (e.g. de minimis, calls/puts/sinkers, etc.) Develop and maintain intimate awareness of market and relative value in sectors in order to assess appropriateness of pricing Create and build relationships in the street in order to source quality product at attractive prices, secure appropriate bid levels, and provide an active market for all fixed income products Idea Generation: Identify replacement ideas if pricing is off market or bonds trade away Proactively provide FAs with sector specific offerings, ladders, swaps, and other actionable ideas Respond quickly and precisely to inquiry from individual FAs with specific offerings or broader portfolio reviews Build relationships with the retail network by maintaining a high level of service At all times be fully conversant and knowledgeable of market conditions both general and sector specific Nimbly keep abreast of industry changes Regulatory: Remain aware of changing compliance standards Retain appropriate records and adhere to all compliance reviews and requirements Collaboration: Work closely with fellow traders to cover sector and communicate ideas to our retail network Share ideas and work collaboratively with Strategies, Business Development, and position trading desks to assure cohesiveness of message and keep all desks on the same page Leverage street contacts to maximize opportunity and identify value. Primary focus of the merchandising effort will be directed toward meeting the various product demands of the fee-based retail distribution network What do you need to succeed?Must Haves Bachelor's Degree, or the ability to demonstrate experience or academic achievement in related fields such as Economics, Finance, or Mathematics, or equivalent work experience 5+ years in Fixed Income and Trading experience Demonstrated knowledge of fixed income markets, economics, marketing strategies, municipal sector, and other fixed income instruments Proficient with Bloomberg and other investment software packages Series 7 & 66 or 63 licenses or acquire within 90 days Nice to Have 10+ years of trading experience Prior experience in various fixed income markets Proficiency with Tradeweb and Bloomberg is a plus 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 Work in a dynamic, collaborative, progressive, and high-performing team Flexible work/life balance options Opportunities to do challenging work Opportunities to take on progressively greater accountabilities Access to a variety of job opportunities across business Job Skills Bond Trading, Confidentiality, Customer Service, Detail-Oriented, Investment Banking, Investment Banking Analysis, Securities Laws, Standard Operating Procedure (SOP), Trade Client Reporting, Trade rocessing Additional Job Details Address: 250 NICOLLET MALL:MINNEAPOLIS City: Minneapolis Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: Wealth Management Job Type: Regular Pay Type: Salaried Posted Date: 2024-01-22 Application Deadline: 2024-02-29 Inclusion and Equal Opportunity Employment At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities. We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at . 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.