Business Manager- Fixed Income, Commodities & Currencies

Royal Bank Of Canada New York , NY 10007

Posted 3 months ago

What is the opportunity?

  • FICC Business Manager supporting primarily the Head of FICC USA, reporting to the MD & Global Head of Business Management, Fixed Income Currencies & Commodities ("FICC").

  • The FICC USA Business Manager, in collaboration with peer business managers, advances the strategic objectives of Capital Markets as aligned to RBCCMs operating philosophy. This role contributes to the business' achievement of superior performance and "best in class" managed efficiencies and includes taking a proactive approach towards ensuring all control requirements are monitored and adhered to.

  • The FICC USA Business Manager has full responsibility for driving the operational efficiency and effectiveness of the business in region & in collaboration with global partners. The incumbent in this role must establish strong partnerships with each of the functional areas supporting FICC USA, Global FICC and GM including, in particular: Product Control, Finance, Operations, Information Technology, Risk, Legal, Compliance, Human Resources and other key areas.

  • The Business Manager is accountable for successful achievement of agreed upon goals and objectives, contributing to a high performance culture, delivering on operational effectiveness, thus ensuring creation of sustainable value for RBC shareholders.

What will you do?

  • Leadership role in facilitating all delegated FICC USA business management matters, thus allowing Regional head and Sales, Trading and Origination management heads to focus on their core responsibilities

  • Partnering with business management peers on strategic projects and GM / FICC Global - wide initiatives

  • Leadership role in advancing technology, risk management and functional environments, in collaboration with specialists

  • Central liaison between business and all support functions as delineated above

  • Leads and is accountable for recommendations that enhance the effectiveness and efficiency of FICC USA in region, supporting the regional ROC and TOF initiatives and strategy - focused on new initiatives pertaining to enhanced capabilities or cost management and in alignment with overall Capital Markets global strategic priorities

  • Key partner to Client Analytics, Client Intelligence, ICM and Sales Mgmt teams to advance analyses and productivity reporting.

  • Specific core responsibilities include;

  • Business strategy and development including financial planning

  • Expense management of both direct and indirect allocated costs

  • Meeting and presentation preparation

  • Capital and balance sheet management

  • Regulatory affairs management

  • Ad hoc project work

  • Decision making authority, with both internal and external parties, as delegated by the head FICC USA and Global FICC Business Mgmt Head and in accordance with specific guidelines.

What do you need to succeed?


  • University diploma

  • Strategic business sense and organizational awareness

  • Capital Markets experience

  • FIC product knowledge

  • Familiarity with third party market data (Dealogic, Bloomberg, etc)

  • Strong analytical skills

  • Familiarity with RBC policies, procedures and information systems

  • Identify, assist and manage operational risks/control deficiencies in the business


  • Demonstrate proven impact and influence skills to engage cross-functional team members

  • Foster an environment based on transparency and responsibility to drive superior client experience and to optimize business results

  • Detail and goal oriented / organized and results-driven

  • Ability to work in a fast-paced, multi-tasking environment

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

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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


City: New York

Address: 200 Vesey Street

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: 11/29/2019

Platform: Capital Markets

Req ID: 199476

Ad Code(s):

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Business Manager- Fixed Income, Commodities & Currencies

Royal Bank Of Canada