Associate, 24 Hour Futures Desk (Asia Shift)

Futures Trader

What is the Opportunity? Futures Trader for RBC's 24-hour desk.

SHIFT TIME: 3PM-12AM CT

What will you do?

• Develop and maintain futures sales, execution and clearing relationships for RBC Capital Markets
• Assist with support side on Trading Systems
• Collaborate with internal divisions (GELP, FICC and FX to help bring Futures execution flow to the 24-hour Desk along with backing salespeople on execution and other issues.
• Market Fixed income, Commodity and Index Futures Clients
• Grow and maintain client base from sales referrals and existing relationships
• Produce and distribute real time market commentary
• Advise futures clients and solicit orders
• Generate 24 hour desk futures execution income in line with department goals
• Minimize trade execution risk
• Notify manager of, resolve and document all trading errors

What do you need to succeed?

• Proven accurate trade execution track record for US FCM and/or Investment Bank working on a 24-hr desk executing futures and options transactions in worldwide markets.
• In depth knowledge of futures electronic execution systems and of CFTC, SEC and Exchange Rules and Regulations for trade execution including audit trail, order entry rules and sales supervision rules and regulations.
• Highly motivated and energetic self-starter who works well with teams.
• Series 3 required
• Strong written and oral communication skills required
• Bachelor's degree or equivalent experience required
• Extensive knowledge and understanding of all Global Futures markets to aid in best execution.

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
• Opportunities to do challenging work
• Opportunities to building close relationships with clients

The good-faith expected salary range for the above position is $165,000-$200,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs. This salary range does not 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.

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: Bond Trading, Communication, Critical Thinking, Detail-Oriented, Futures Exchange, Market Risk, Options Analysis, Systems Applications, Trade Client Reporting