Futures Execution Specialist

Job Description

What is the opportunity?

Develop, grow, and maintain futures execution relationships over the European and Asia-Pacific time zone and markets for RBC Capital Markets. Provide expert level electronic trading support for clients and RBC internal traders over the European and Asia-Pacific time zone and markets for RBC Capital Markets.

What will you do?

• Execution
  • Manage client order flow and communication during European and Asia-Pacific market hours.
  • Execute futures orders on behalf of RBC’s clients efficiently and accurately.
  • Develop and maintain futures execution relationships for RBC Capital Markets from external and internal referrals.
  • Provide clients with color and commentary utilizing your expertise of listed futures products.
  • Coordinate seamless around the clock coverage with 24 Hour Desk over U.S. and international holidays
• Electronic Trading Support
  • Manage and provide daily front line electronic trading support to traders and clients.
  • Maintain relationships with external vendors and internal IT, compliance and operations as it relates to electronic trading.
  • Integration with Middle-Office and Back-Office from electronic futures execution
  • Remain up to date on developments in the futures business including technology, competitiveness, best practices, and regulations
• General
  • Proactively identify 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 promptly.

What do you need to succeed?

• In depth knowledge of futures electronic trading applications and architecture.
• In depth knowledge of CFTC, SEC and exchange rules and regulations for trade execution including audit trail, order entry rules and sales supervision rules and regulations.
• Minimum of 3 years of experience in futures sales or trading capacity on an execution desk covering global listed futures products.
• Attention to detail, team oriented approach, and proficiency in risk mitigation.
• Highly motivated and energetic self-starter that will need to take initiative as we build infrastructure to support the futures business
• Proficient in entering block trades in accordance with current regulation and time sensitivity
• Ability to obtain Series 3 registration within 2 months of start date.
• BA, MA or MS or equivalent.
• This role will cover overnight hours, specifically late US evening into the early US morning, with flexibility to cover other shifts if necessary to support the business.

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
• 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

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.com/careers.
JOB SUMMARY
City: Chicago
Address: 111 South Wacker Drive
Work Hours/Week: 40
Work Environment: Trading Floor
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Required Travel (%): 0-25
Exempt/Non-Exempt: Exempt
People Manager: No
Application Deadline: 05/29/2020
Platform: Capital Markets
Req ID: 229897
Ad Code(s):