At a Glance
- Tasks: Lead interest rate derivatives strategies and manage client relationships in a dynamic banking environment.
- Company: Join RBC, one of Canada's largest and most successful banks.
- Benefits: Competitive salary, bonuses, flexible benefits, and opportunities for professional growth.
- Other info: Collaborative team culture with opportunities to learn across multiple product lines.
- Why this job: Make a real impact by advising clients on financial strategies and building strong networks.
- Qualifications: 5+ years in derivatives sales, strong communication skills, and a solid understanding of fixed income markets.
The predicted salary is between 121500 - 148500 $ per year.
The Canadian Risk Solutions Group (RSG) is responsible for providing strategies to hedge interest rate and foreign exchange risk for Canadian-based clients. The team is looking for a Vice President or Director who will primarily focus on the Middle-Market Rates business and assist the broader RSG team.
The candidate will assist in all facets of the business, from managing the marketing and origination of hedging strategies to pricing and execution of fixed income derivative products. The level of the position (Director OR Vice President) will be determined based on the candidate’s experience and qualifications. Compensation for this role includes a competitive base salary, a variable bonus structure tied to performance, and a comprehensive benefits package. Specific details will be discussed during the interview process and tailored to the candidate’s qualifications and the role’s requirements.
What will you do?
- Interest rate derivatives coverage of the Canadian Banking Platform including Corporate Client Group, Commercial Financial Services and Wealth Management clients.
- Responsible for trade modeling, pricing, execution, booking and related processing of interest rate derivatives and hedging solutions (interest rate swaps, cross-currency swaps, bond forwards, caps/floors, structured rates products, etc.).
- Work closely with the team as a key client contact, providing interest rate risk management advice and education sessions.
- Liaising with multiple parts of the bank (Canadian Banking, Risk Management, Trading, Resource Management Group, and others) and external counterparties at all points of the interest rate derivative trade lifecycle.
- Structure and price trades in compliance with established credit limit protocol, facilitating client needs.
- Client liaison for derivative products, engaging with senior level management such as the CFO, Treasurer, and CEO.
What do you need to succeed?
- BA, BComm, MBA, CFA, MA or MS or equivalent.
- A solid understanding of fixed income markets and the willingness to learn; minimum five years of work experience in derivatives sales role or related function.
- Exceptional communication skills, written and oral, with the ability to effectively interact with and educate clients and key stakeholders at all levels on financial markets and derivatives.
- The ability to simplify complex problems, financial derivatives, and analysis into straightforward, easy-to-understand concepts and language.
- Ability to prioritize and manage a large workload in a high-pressure environment, working with multiple people while balancing priorities.
- High level of numeracy and analytical ability.
- Willingness and ability to adopt a flexible approach and respond to ad hoc requests in a timely manner.
- Highly proficient in Microsoft Office – Excel, PowerPoint & Word.
- Excellent interpersonal skills.
What’s in it for you?
- A comprehensive Total Rewards Program including bonuses and flexible benefits with competitive compensation.
- Unique opportunity to learn a broad range of financial and professional skills across multiple product lines.
- Opportunity to interact with different CM groups and build a comprehensive network.
- Work in a dynamic, collaborative, progressive, and high-performing team.
- Opportunities to build close relationships with clients and take on progressively greater accountabilities.
Address: 888 3 ST SW, Calgary, Canada
Work hours/week: 37.5
Employment Type: Full time
Platform: CAPITAL MARKETS
Job Type: Regular
Pay Type: Salaried
Posted Date: 2026-10-15
Application Deadline: 2026-10-28
Director, Risk Solutions Group in Calgary employer: RBC
RBC is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation thrives and employees are empowered to grow. As a Senior Director in Toronto, you will lead a talented team in developing cutting-edge AI solutions that transform the banking experience for millions, while enjoying comprehensive benefits, professional development opportunities, and a commitment to community impact. Join us to be part of a collaborative environment that values diverse perspectives and champions your success.
