RBC · 8 hours ago
Junior Trader - Fixed Income Services
Minneapolis, MN
Full-time
Onsite
New Grad, Entry Level
$55K/yr - $95K/yrRBC is a leading financial institution seeking a Junior Trader for their Fixed Income Services. The role involves executing trades, generating market ideas for Financial Advisors, and ensuring compliance with regulations in a collaborative team environment.
BankingFinancial ServicesWealth Management
Responsibilities
Trading and Execution: This Balance sheet trader will execute trades focusing on best execution while making every dollar count. Evaluate real time information related to financial markets and quickly and accurately assesses market risk in order to receive the best possible price. Access and manage risk within assigned limits for inventory books across multiple asset classes
Idea Generation: Develop and distribute ideas on current market conditions and communicate them in a creative and timely fashion to the FA's. Proactively create actionable ideas for FA's including: portfolio ladders, possible swap opportunities and new money opportunities. They will also build relationships with the Clearing & Custody (C&C) retail network by maintaining a high level of service
Business Development & Recruiting: Must be a team player willing to proactively pursue new trading relationships with C&C Firms and FA’s
Regulatory: Remain aware of changing compliance standards. Maintain proper and accurate records and ensure that all trades comply with regulations and policies
Qualification
Required
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
Demonstrated knowledge of fixed income markets, economics, marketing strategies, and other fixed income instruments or willingness to learn
Proficient with Bloomberg, Microsoft Word, Excel and PowerPoint
Ability to work and meet critical deadlines in a fast-paced environment and perform tasks from multiple sources
Ability to quickly assess situations, react to market/economic conditions and offer creative solutions and opportunities while working under pressure
Preferred
Series 7, 66, & 52 licenses, or ability acquire within 90 days
Prior experience with principal trading and RBC specific trading systems & processes
Proficiency with the Tradeweb platform
Benefits
Discretionary bonus
401(k) program with company-matching contributions
Health, dental, vision, life and disability insurance
Paid time-off plan
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
Founded in 1864
10001+ employees
H1B Sponsorship
RBC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (17)
2023 (3)
2022 (4)
2021 (1)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
$16.3B2025-10-30Post Ipo Debt· $5B
2025-09-15Post Ipo Debt· $1.35B
2025-07-10Post Ipo Debt· $177.74M
Leadership Team
Graeme Hepworth
Chief Risk Officer
Kelly Bradley
Chief Human Resources Officer
Recent News
2026-01-22
Qatar Tribune
2026-01-21
Company data provided by crunchbase