Equity Trader

Job Description

What is the opportunity?

The primary focus for this role is to execute trade orders in the Over-The-Counter (OTC) market and evaluates market volatility in order to ensure that clients obtain the best possible price. You will apply complete knowledge, skills, and practices to perform assignments.

What will you do?

• Perform with a high level of accuracy when executing orders for customers per their instructions.
• Monitor emails for equity/ option trade breaks and settlement issues
• Monitor trading systems for rejected orders and orders that need special handling
• Monitor stocks of interest for our broker clients.
• Continually provides FA’s, Assistants and Institutional Clients with solutions for attaining desired results involving trade execution.
• Write and distribute Morning Equity Trading News
• Work with other traders in a highly stressful environment and in close proximity to other traders

What do you need to succeed?

Must-have

• Detailed understanding of the equity and options markets
• Understanding of the retail broker function
• Strong organizational skills and the ability to prioritize in an inherently stressful environment.
• Ability to work with diverse personalities.
• Attention to accuracy and detail.
• Series 7, Series 63 (66), Series 57 (or equivalent 55)

Nice-to-have

• Series 4 (Options Principal)
• Considering candidates within market area.
• College degree
• Knowledge of RBC Systems – Fidessa, Broadridge/ADP
• Equity/ Options trading experience

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
• 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

The good-faith expected salary range for the above position is $50,000 - $85,000, 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, Confidentiality, Customer Service, Detail-Oriented, Investment Banking, Investment Banking Analysis, Securities Laws, Standard Operating Procedure (SOP), Trade Client Reporting, Trade Processing

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2025-09-04

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through polici