RBC · 1 day ago
senior municipal bond trader
Annapolis, MD
Full-time
Onsite
Mid, Senior Level
$65K/yr - $115K/yr
2+ years expRBC is one of the nation's largest full-service investment firms, and they are seeking a Senior Municipal Bond Trader. The role involves trading municipal bonds, generating sales revenue, and educating the sales force on product offerings while ensuring compliance with regulations.
BankingFinancial ServicesWealth Management
Responsibilities
Responsible for bidding and purchasing municipal securities for inventory positions, creating sales credit and trading revenues, and managing associated risk of those positions
Evaluate information related to financial markets and quickly and accurately assess market risk in order to receive the best possible price
Access and manage risk within assigned limits for inventory books
Maintain current departments data base and processes
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
Build relationships with the retail network by maintaining a high level of service
Work closely with various trading desks and traders to obtain market insight, develop trade ideas and cross product opportunities
Partner with various departments across RBC along with Business Development and Fixed Income Strategies to deliver a cohesive message on opportunities to FA's
Remain aware of changing compliance standards
Maintains proper and accurate records and ensures 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
2-5 years of experience working on a fixed income trading desk or marketing products and ideas to financial advisors
Demonstrated knowledge of fixed income markets, economics, marketing strategies, and other fixed income instruments
Proficient with Bloomberg and other investment software package
Series 7 & 63 licenses - or willingness to obtain
Ability to work in a fast paced environment
Ability to perform varied tasks from multiple sources
Ability to meet critical deadlines in a fast-paced, rapidly changing environment
Ability to quickly assess situations, react to market/economic conditions and offer creative solutions and opportunities
Ability to prioritize while under pressure
Good marketing skills
Good interpersonal skills; ability to work effectively with a variety of personalities
Preferred
Proficiency with Tradeweb and other ECN is a plus
Benefits
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
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
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
Private Capital Journal
2026-01-09
2026-01-08
Company data provided by crunchbase