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Vice President Commercial FX

Vice President Commercial FX

CompanyRoyal Bank of Canada
LocationMontreal, QC, Canada
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Desire to learn and an eagerness to make a meaningful contribution to the team environment at RBC Capital Markets.
  • Sales focus to drive financial results.
  • Excellent organizational skills, multi-tasking, and managing conflicting priorities.
  • Strong communication skills.
  • Ability to understand all software systems for trading and pricing transactions.
  • Ability to work with senior level individuals both internally and externally.
  • Ability to work in a dynamic open concept trading environment while multi-tasking responsibilities effectively.
  • Interpersonal skills, communication and listening skills, analytical and problem-solving skills.
  • Flexibility, concentration, enthusiasm, punctuality, precision, and dynamism.
  • Teamwork essential; ongoing interaction with all members of RBC and FX teams in Canada.
  • BA, B Comm, or equivalent degree with emphasis in finance and/or economics completed or to be completed.
  • Bilingualism (English and French) required, as you will regularly serve our clients and do business with RBC partners and/or employees across Canada with English and French speaking needs.
  • A proficient-to-high skill level in MS Office applications is necessary.
  • Some light travel for the purpose of client visitation, business development or internal meetings is likely.

Responsibilities

  • Manage a portfolio of commercial/corporate clients and a regional RBC distribution network + business development.
  • Provide informed and timely commentary to clients, interpreting market and economic events for the benefit of the client.
  • Provide proactive FX coverage to deepen client relationships within a regional portfolio and help clients manage currency risk with suitable hedging solutions (forwards, swaps, options).
  • Establish, maintain, and fine-tune pricing guidelines to ensure client retention.
  • Contribute to driving the FX revenue for RBC clients in Quebec.
  • Provide professional foreign exchange services and undertake pro-active calls when there are timely market developments.
  • Identify opportunities to help clients hedge foreign currency exposures.
  • Liaise with other areas of the bank to ensure RBC maximizes opportunities with clients across all products.
  • Promote the use of the online platform (RBC DX) for dealing to maximize productivity.
  • Ensure that dealings with counterparties are confidential and fairly handled.
  • Maintain a high standard of ethical conduct and professionalism within the framework of the Global FX Code.

Preferred Qualifications

    No preferred qualifications provided.