RBC · 5 days ago
Junior Municipal Bond Trader - Retail
RBC is a leading bank dedicated to providing excellent financial services, and they are seeking a Junior Municipal Bond Trader. This role focuses on executing trades in tax-exempt municipal bonds while collaborating with Financial Advisors and ensuring compliance with regulatory standards.
BankingFinancial ServicesWealth Management
Responsibilities
Execute tax-exempt municipal bond trades (syndicate and secondary) with a focus on best execution and cost efficiency
Evaluate market conditions, assess risks, and ensure optimal pricing
Manage inventory risk within assigned limits, maintain the department’s database, and adhere to compliance protocols
Develop and distribute actionable insights on market conditions, including portfolio ladders, swap opportunities, and new-money strategies
Communicate ideas creatively and proactively to FAs while fostering relationships through exceptional service
Partner with trading desks, cross-functional teams, and departments (e.g., Business Development, Fixed Income Strategies) to align messaging and identify opportunities
Support team members through backup coverage and contribute to special projects
Stay current on regulatory changes, maintain accurate trade records, and ensure adherence to policies and standards
Qualification
Required
Bachelor's degree in Economics, Finance, Mathematics, or a related field (or equivalent experience)
Demonstrated understanding of fixed income markets, economics, and investment strategies
Proficiency in Bloomberg, Microsoft Office (Word, Excel, PowerPoint), and trading software
Series 7 and 63 licenses (or ability to obtain within 90 days)
Ability to thrive in a fast-paced environment, prioritize tasks under pressure, and meet deadlines
Strong analytical, marketing, and interpersonal skills
Preferred
Prior experience in fixed income trading or related processes
Familiarity with the Tradeweb platform
Benefits
Comprehensive compensation, including bonuses, stock options (where applicable), and flexible benefits.
Access to coaching, mentorship, and opportunities for increased responsibility.
Flexible arrangements to support personal and professional well-being.
Engage in high-impact projects that drive innovation and client success.
Company
RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance.
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
Recent News
Private Capital Journal
2026-01-09
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